How DePIN Models Are Transforming The Automotive Industry
Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.
Infrastructure-intensive industries are undergoing massive transformations to meet the need for digital innovation. New technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) are being applied to industries that haven’t evolved in years.
Infrastructure-intensive sectors are also moving towards decentralized models. As a result, decentralized physical infrastructure, or DePINs, are quickly gaining traction.
According to a new report from Moody’s Ratings, “How DePINs could build the future of physical infrastructure one token at a time,” the DePIN market has the potential to reach $3.3 trillion by 2030. Findings show that this market was valued at $2.2 trillion last year.
DePIN continues to grow
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