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  2. Decentralized physical infrastructure networks
    • According to 4 sources
    Decentralized physical infrastructure networks (DePIN) refer to the application of blockchain technology and decentralization principles to physical infrastructure and systems.
    DePIN is an acronym, short for Decentralized Physical Infrastructure Networks. DePIN is a term used to describe decentralized applications that use tokens to incentivize people to provide services via real-world physical infrastructure/machines/devices.
    DePIN stands for Decentralized Physical Infrastructure Networks. It's a new way to build and maintain infrastructure in the physical world. This "infrastructure" can be anything from WiFi hotspots in wireless networks to solar-powered home batteries in energy networks.
    Decentralized physical infrastructure networks (DePINs) are blockchain protocols that build, maintain, and operate physical hardware infrastructure in an open and decentralized manner.
     
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