DePin Project Gains Momentum on Solana Blockchain

Decentralized Physical Infrastructure (DePIN) is using blockchain technology to enable users to own their data. A popular example of a DePIN project today is Helium, a wireless Internet of Things (IoT) network, and Helium is currently running on the Solana blockchain.In 2019, Helium launched its decentralized cellular network and has rapidly expanded its global coverage, with 392,090, according to Helium Explorer, currently in place worldwide Hotspots. In addition to Helium, another DePIN built on Solana and generating interest is Hivemapper, which is looking to completely amass the mapping industry. project Gabe Nelson, head of operations and marketing at Hivemapper, said that the company's founder and agreeable, Ariel Seidman, has been working in the mapping industry for more than 20 years. During that time, one of the big problems Seidman hopes to solve is finding ways to create efficient maps in an economical, scalable way.