Lufthansa, Deutsche Telekom launch DePIN blockchain nodes

Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption.

Decentralized physical infrastructure networks (DePINs) are taking the Web3 world by storm, bridging the physical world with decentralized emerging technologies. 

Over the last year, some of the world’s leading enterprises across various industries have adopted the technology to broaden access to services, facilitate ownership and enhance the security of large networks of infrastructure systems. 

DePINs (Decentralized Physical Infrastructure Networks) use native tokens or cryptocurrencies within their ecosystems to incentivize participation. This, in turn, supports the development and operation of both physical and digital infrastructure networks, such as telecommunications systems.

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Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption.
Decentralized physical infrastructure networks (DePINs) are taking the Web3 world by storm, bridging the physical world with decentralized emerging technologies. Over the last year, some of the world’s leading enterprises across various industries have adopted the technology to broaden access to services, facilitate ownership and enhance the security of large networks of infrastructure systems. DePINs (Decentralized Physical Infrastructure Networks) use native tokens or cryptocurrencies within their ecosystems to incentivize participation. This, in turn, supports the development and operation of both physical and digital infrastructure networks, such as telecommunications systems.Read more