By launching servers on the Peaq network, Lufthansa and Deutsche Telekom have made big steps forward in blockchain technology. This is a turning point for decentralized physical infrastructure networks (DePINs). This move shows that big companies are using open systems more and more, which is changing how they work and connect with the digital world.
DePINs connect the real world and the digital world by using blockchain and local tokens to reward people for using infrastructure networks like phone lines. Not only do these systems make networks safer, they also make services more available and encourage ownership in big infrastructure setups.
Experts in the field say that DePIN technology could help companies become worth trillions of dollars, like how Amazon’s AWS cloud services have done. Lufthansa and Deutsche Telekom have recently joined the Peaq network, which is good news for the future of DePINs.
The Peaq network is set up to support autonomous real-world assets (RWAs), which will be good for Lufthansa, Deutsche Telekom, and other businesses. These companies are worth more than $170 billion together, and their work helps make the Peaq blockchain less centralized while still keeping the network safe.
These businesses are also in charge of Peaq’s Enterprise Adoption program, which tries to introduce DePINs to businesses all over the world. Businesses help make the blockchain more decentralized and safe by running nodes. This shows that the technology is useful in real life.
As the number of DePINs grows, businesses have a big chance to make money, especially as more businesses use blockchain solutions in their work. This decentralized method could change industries like flight and telecoms by making them more open, efficient, and safe.
As the use of blockchain grows, DePINs will likely be very important in driving innovation and creating new relationships, integrations, and possibilities across many industries. The start of Peaq’s network in late September is a big step forward for businesses that want to use blockchain technology.
