EY Blockchain Leader: Blockchain-driven DePIN is expected to solve the profitability problem of the IoT industry
On June 25th, the IoT industry is facing profitability challenges, but decentralized physical infrastructure driven by blockchain (DePIN) is expected to solve this problem. Paul Brody, Global Blockchain Leader at EY, said that through DePIN, smart devices can use blockchain and decentralized cloud infrastructure to achieve sustainable operation. This approach can reduce reliance on traditional data centers and provide better smart home and connectivity experiences.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Arbitrum Inflows Surge, Ethereum Sees Outflows
David Bailey’s Nakamoto Raises $710M for Bitcoin Firm
U.S. Treasury Hosts Stablecoin Policy Roundtable
Zcash Rockets Past Key Resistance Point, Ignites Market Interest
In Brief Zcash surpassed a key resistance level, capturing market attention. The price reached 45.80 dollars, the highest since January's end. Experts warn that relying solely on technical data isn't sufficient for analysis.
Trending news
MoreCrypto prices
More
