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DePIN and Machine Data Can Change Web3

1 year ago
in Crypto Updates
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Tokenizing machine information and bringing it on-chain is the following logical step within the evolution of DePIN. Think about a knowledge pool with machine information from public EV charging stations, every gathering information on charging energy, the battery stage of the EVs within the surrounding space or the present power grid utilization. Builders within the power sector have now all the data they should construct dApps that assist to stability the electrical grid, for example by providing charging incentives to EV drivers with low battery if there’s a surplus of energy out there. By tokenizing the generated information, it may be securely saved on the blockchain, guaranteeing transparency and immutability. This information can then be monetized, opening up new income streams for charging station homeowners.



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Tags: changedataDePINMachineweb3
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