Unleashing the Power of Web3: Towards a Decentralized Physical Infrastructure (DePIN) Revolution
Written by: Leo Lin, Jesse Zheng, David Lee
A vision beyond blackouts and disasters
As the clock struck midnight, a bustling metropolis was suddenly plunged into darkness. The familiar hum of electricity faded, leaving millions of residents groping in the dark for candles and flashlights. But the blackout was more than an inconvenience; it was a stark reminder of our reliance on centralized systems for power and communications, and our vulnerability to disaster.
Imagine a natural disaster strikes, cutting off power lines and disrupting traditional communication networks. In times of crisis like this, access to power and communication becomes more than just a convenience — it becomes a matter of survival. This is where the concept of Web3 comes in, with its emphasis on decentralized power supply and distributed communication, as a ray of hope. Power outages and communication disruptions are a disaster for the digital economy as it affects every aspect of our lives, from communicating, making payments, and even assessing basic needs.
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