The
following
is
a
guest
post
from
Venket
Naga,
CEO
at
Serenity
Shield.
If
blockchain
is
to
realize
its
full
potential
in
transforming
the
social
dynamics
of
security,
ownership,
censorship
resistance,
the
distribution
of
information
and
more,
a
solution
must
be
deployed
as
soon
as
possible.
Fully
decentralized
data
storage
will
empower
individuals
and
organizations
to
reclaim
and
build
a
more
open,
inclusive,
and
trustworthy
digital
infrastructure.
Decentralized
Physical
Infrastructure
is
the
answer.
In
particular,
global
networks
of
DePIN
data
centers.
They
could
offer
a
compelling
holistic
approach
to
the
issue,
fortifying
key
principles
such
as
interoperability,
data
consistency,
incentive
mechanisms,
and
community
governance.
With
pre-existing
Web2
foundations
already
interspersed
across
the
globe,
a
network
of
distributed
node
validators
could
layer
over
top,
tapping
into
pivotal
points
to
create
a
system
of
redundancy
that
would
guarantee
integrity
and
security.
Whilst
this
would
require
a
monumental
effort,
both
technically
and
financially,
serious
focus
and
collaboration
between
Web3
entities
and
governmental
institutions
could
produce
rapid
progress.
Producing
a
robust
solution
would
revolutionize
data
storage
forever,
enabling
a
fully
decentralized
process
in
which
end
users
would
gain
new
autonomy
over
privacy
and
monetization.
By
embracing
the
values
of
Web3
and
building
upon
the
foundations
laid
by
Web2,
a
DePIN
network
could
forge
a
new
path
in
which
a
fine-tuned,
resilient,
and
inclusive
digital
future
can
emerge.
The
reconstruction
of
how
we
store,
access,
and
manage
data
will
surely
knock-on
effects
that
stretch
beyond
the
realms
of
information
and
into
the
mechanisms
through
how
we
distribute
power,
wealth,
and
control.
For
more
information
on
DePIN
projects,
please
see
CryptoSlate’s
DePIN
crypto
sector
data
below.
Go to Source
Author: Venket Naga
