Moody’s, one of the three major credit rating agencies in the United States, issued a report stating that the emergence of DePIN is conducive to the expansion and innovation of existing networks, but factors such as regulation and network security also affect its development. (Preliminary summary: In this round of bull market, Meme and DePIN co-exist, can they become a breakthrough in the market?) (Background supplement: 10,000-digit decryption DePIN full ecology: economic model, track development, and the transformative power of AI computing power) The three major credit cards in the United States Moody's, one of the rating agencies, released its first research report on decentralized physical infrastructure (DePIN) on Tuesday (17), pointing out that the emergence of DePIN will help the expansion of existing networks. and innovation. DePIN has the potential to improve network reliability and efficiency. Moody's pointed out in the report that existing network operators, such as telecommunications companies, require large amounts of funds to develop infrastructure due to the growing needs of users. However, with the emergence of artificial intelligence (AI) and the Internet of Things model, the use of decentralized technology will help relieve a lot of pressure. On the other hand, the DePIN project also has the advantage of being able to issue its own digital currency, which will help incentivize network participation and improve scalability. All in all, Moody's has given high praise to the DePIN sector: DePIN has the potential to improve network reliability and efficiency, while also reducing operating costs, optimizing resources, and promoting industry collaboration. Rajeev Bamra, Moody's senior vice president and head of digital economy strategy, also said that the purpose of writing their DePIN-related report is to attract people's attention to the fact that digital transformation is increasingly becoming a driving force: The motivation for writing articles on the topic of DePIN is to make Attention is focused on the importance of industries re-evaluating infrastructure management strategies in a world where digital transformation is increasingly becoming a driving force. Regulation and network risks are obstacles. Although Moody's has spoken highly of the DePIN industry, Moody's also pointed out that the development of DePIN also faces obstacles due to regulatory, network security and other issues: However, the widespread adoption of DePIN is still limited. There are significant obstacles, including a range of regulatory and interoperability issues, cybersecurity risks, and the need for investment in physical infrastructure. What is DePIN? According to the report "The DePIN Sector Map" by investment research organization Messari, DePIN stands for "Decentralized Physical Infrastructure Networks", which refers to "the use of cryptoeconomic protocols to deploy real-world physical infrastructure and hardware networking”. In other words, DePIN aims to establish a more efficient and transparent system and promote participants to jointly build physical infrastructure networks through token incentive mechanisms, including physical assets such as energy networks, transportation systems, and telecommunications networks. Using blockchain technology, DePIN can securely record and verify transactions, track asset ownership and usage, and automate payments. One of the advantages of DePIN is that it reduces reliance on authorities and intermediaries, thereby improving efficiency, reducing costs, and increasing transparency. Related reports DePIN fear of attack? More than 4,000 people were injured in the BB Call bombing in Lebanon, and Taiwanese manufacturers complained: Not made in Taiwan, DePIN will be brought to 950 million TG users》TONX announced cooperation with IoTeX: 100 million devices will be connected in series within five years IoTeX 2.0: Open up the mega-scale DePIN track highway〈 Moody's is also optimistic about DePIN: the bright future will help network expansion and innovation> This article was first published in BlockTempo "Dongqu Trend - the most influential blockchain news media".