DePIN and Machine Data Can Change Web3

Tokenizing
machine
data
and
bringing
it
on-chain
is
the
next
logical
step
in
the
evolution
of
DePIN.
Imagine
a
data
pool
with
machine
data
from
public
EV
charging
stations,
each
collecting
data
on
charging
power,
the
battery
level
of
the
EVs
in
the
surrounding
area
or
the
current
energy
grid
utilization.
Builders
in
the
energy
sector
have
now
all
the
information
they
need
to
build
dApps
that
help
to
balance
the
electric
grid,
for
instance
by
offering
charging
incentives
to
EV
drivers
with
low
battery
if
there
is
a
surplus
of
power
available.
By
tokenizing
the
generated
data,
it
can
be
securely
stored
on
the
blockchain,
ensuring
transparency
and
immutability.
This
data
can
then
be
monetized,
opening
up
new
revenue
streams
for
charging
station
owners.