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Gulf Press > Business > Crypto > Leading the Way in DePIN’s Future
Crypto

Leading the Way in DePIN’s Future

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Last updated: 2024/10/17 at 11:07 AM
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Roam has introduced a Physical L1 model to build a decentralized Telecom Data Network, expanding market potential and leading new narratives in DePIN. The Decentralized Physical Infrastructure Network (DePIN) sector emerged in 2019 and has seen significant growth, but still faces challenges such as scalability issues and limited infrastructure expansion. Roam stands out by meeting criteria such as real application needs, user-friendly products, significant market potential, solid data foundation, and strong industry endorsements. With the launch of its Telecom Data Layer, Roam is building a decentralized telecom data network using the Physical L1 model, enabling the development of practical applications that serve users effectively and expanding market potential.

Roam’s focus is on addressing real needs with innovative products, such as global free WiFi roaming, free data with eSIM, user-friendly experience, privacy and security features, token incentives, and comprehensive network infrastructure. Roam’s latest initiative extends its focus to the physical layer with a vast network of mining nodes established to form a decentralized telecom data layer. This infrastructure allows for broader application scenarios and richer services to users, connecting various devices and expanding beyond traditional DePIN projects. Roam’s platform supports multiple sectors such as information storage, data communication, AI computing, and edge computing, fostering a robust ecosystem and enabling data interoperability between different projects.

Roam has made significant strides in implementing a data network, with over 600,000 nodes synchronizing information in real-time to construct an expansive Internet of Things network. The ecosystem’s data layer is based on blockchain technology, with a focus on advancing toward a “Blockchain of Things (BoT).” Roam’s market potential has expanded with its Physical L1 model, positioning it as a platform capable of nurturing a prosperous ecosystem and enabling new narratives in the sector. The platform now allows various projects to utilize Roam’s Telecom Data Network to develop diverse applications beyond WiFi and data traffic, supporting interconnectivity between devices and fostering innovation.

Roam has garnered strong industry endorsements, such as membership in the Wireless Broadband Alliance (WBA) as the only Web3 Identity Provider (IDP) within the organization. The company has also formed technology partnerships with companies like Samsung, Cisco, Intel, and Solana, as well as collaborations with Xiaomi’s supply chain for hardware manufacturing. Roam has secured significant investment backing from various investors and experienced substantial growth in both team size and user base over the past three years. With the introduction of the new Telecom Data Layer and Physical L1 blueprint, Roam is well-positioned to lead a new wave of innovation and build a more interconnected ecosystem.

In conclusion, Roam’s introduction of the Physical L1 model to build a decentralized Telecom Data Network represents a significant advancement in the DePIN sector. By focusing on addressing real needs with innovative products, expanding market potential, and garnering strong industry endorsements, Roam has established itself as a key player in the industry. The platform’s emphasis on the physical layer and the development of a decentralized telecom data layer open up new possibilities for innovation and foster a more interconnected ecosystem. With continued growth and development, Roam is poised to lead the way in shaping the future of decentralized infrastructure networks.

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News Room October 17, 2024
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