IoTeX Crypto’s Got Talent Season 2 highlights DePIN projects leading the real-world revolution of blockchain.
The second season of Crypto’s Got Talent, which is dedicated to the projects of DePIN, has been reported by IoTeX. The contest features startups that are changing infrastructure using blockchain and IoT.
Nearly two hundred thousand impressions were received throughout the first season. It financed five energy, drone delivery, and mapping initiatives.
IoTeX will speed up the adoption of DePIN globally by enabling untapped talent. The platform is a matchpoint between fast blockchain technology and intelligent devices used in the real world.
The name dePIN is an abbreviation that is used to represent the decentralized physical infrastructure networks. It decentralizes tangible resources such as WiFi hotspots, energy grids, and sensors.
These assets are provided by people all over the world. They receive tokens as rewards and receive shares in ownership. The infrastructure that is necessary for the operation of this ecosystem is provided by IoTeX.
There are more than 50 DePIN projects supported by the IoTeX blockchain. Their platform processes real-world information on connected devices in a safe and effective manner. This enables DePIN networks to be transparent, trustless, and scalable.
As an example, Envirobloq is an application that monitors environmental information using IoTeX. Drop wireless uses the IoTeX to drive connected broadband.
The IoTeX 2.0 has a modular platform design. It upgrades the DePIN ecosystem, which is rapidly expanding. It incorporates the basic products such as identity management, off-chain computing, and SDKs.
W3bstream is a key tool. It bridges IoT devices with smart contracts with the help of zero-knowledge proofs. This certifies the physical events to DePIN applications. Teams can develop projects faster, cheaper, and at a more scalable rate.
This reduces the entrance barrier and promotes innovativeness. IoTeX 2.0 targets mass usage, making the interaction with physical devices easy due to blockchain.
IoTeX sees the integration of AI with DePIN as physical AI. Therefore, it may be stated that artificial intelligence systems are able to communicate with physical devices. QuickSilver AI layer authenticates and indexes real-world data by zero-knowledge proofs.
This kind of integration will reduce AI errors by feeding validated data. It allows healthcare, energy, and robotics applications to be more autonomous and responsive.
IoTeX follows these developments through an expanding open-source platform and collaboration in the robotics and AI arena. Such convergence will redesign the operation of AI in the physical world.
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