DePIN
Decentralized Physical Infrastructure Networks—protocols that incentivize the rollout of real-world hardware (sensors, solar panels, wifi) using cryptographic tokens.
DePIN represents the bridge between the digital world of crypto and the physical world of infrastructure. RENSNCE utilizes DePIN models to crowdsource infrastructure deployment. Instead of a centralized utility company owning everything, the network rewards individual participants for contributing hardware. Contributions are tracked as VRDIs, and rewards are distributed algorithmically.
Related Initiatives
Related Concepts
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Verified Resource Delivery Instrument
A tamper-proof on-chain certificate (VRDI) proving that a specific resource—aid, goods, or services—was delivered, verified, and received by the intended recipient.
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Smart Legal Contract
A legally binding agreement where natural language clauses are paired with executable code that automatically enforces the terms.
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Account Abstraction
ERC-4337 standard that upgrades simple wallets into smart contract wallets with programmable logic, enabling gasless transactions, social recovery, and more.