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Decentralized Physical Infrastructure Network

Polkadot

OpenGuild

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OpenGuild and Polkadot SEA

OpenGuild is a Web3.0 hub for

Polkadot enthusiasts in Southeast Asia (SEA) Region

OpenGuild

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About Our Special Guest

Mr. Hang Yin

Co-founder & CTO at Phala Network

Ex Google Engineer, Bitcoin Gold Lead

OpenGuild

Phala Network is the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, developers can now build, launch, use, and profit on their agents with security and privacy guarantees by default. Learn how Phala's AI Agent Contract can provide the perfect toolset to build intelligent applications.��Today, we are honoured to have our special guest Mr. Hang Yin, co-founder, chief scientists at Phala Network. A man behinds the great innovation and technology that Phala Network brings to the blockchain space in general, DEPIN space in specific. ��Former Senior Software Engineer at Google, leading projects of Mandarin speech recognition, voice search, and Gmail intelligent semantic assistant, with profound experience in artificial intelligence; Lead Developer of Bitcoin Gold.��So guys, please give our special guest a big applause to welcome Hang Yin to our OpenGuild community.

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DEPIN

stands for

Decentralized Physical Infrastructure Network

OpenGuild

Let's start with a brief overview of what DePIN is all about. DePIN stands for Decentralized Physical Infrastructure Network. It's a visionary project that seeks to empower communities by providing decentralized solutions for their physical infrastructure needs. Now, why do we need decentralized infrastructure, you may ask? Well, traditional centralized systems often suffer from issues like single points of failure, lack of transparency, and susceptibility to censorship or manipulation. DePIN addresses these challenges by offering a decentralized alternative that prioritizes accessibility, security, efficiency, and community-driven governance.

Underlying of the DePIN

Blockchain serves as a secure and transparent ledger that records transactions and data exchanges within the network. It ensures trust and transparency by providing an immutable record of all transactions. Meanwhile, the IoT consists of interconnected devices that collect and exchange data in real time. In a DePIN system, these devices communicate with each other and with the blockchain database, enabling autonomous and responsive interactions within physical infrastructures.

DePINs utilize blockchain to distribute authority across networks, and it can be applied to various fields, including energy, supply chains, telecommunications, data storage, transportation, and real estate.

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What is a Physical Infrastructure Network?

Multiple physical devices connect together to form a network infrastructure

OpenGuild

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OpenGuild

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Physical Infrastructure Network Layers

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Examples of the PIN

Internet is a data transferring network connected by router, switch, wifi router…

Telecommunication is a electromagnetic signal transferring network connected by telegraph, signal flag, cable…

Cloud offers computing power provided by mass connected computing devices across the globe

OpenGuild

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What is DePIN?

OpenGuild

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What is DePIN?

OpenGuild

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Why do we need DePIN?

OpenGuild

Enhance the security and efficiency of physical infrastructure by eliminating single points of failure and reducing the risk of tampering or manipulation

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Advantages of blockchain in PIN

Permissionless Network Scalability

Incentivizing network

resource provider

Transparency and traceability

Borderless payment processor for network participants

OpenGuild

💰

🌍

😎

🌊

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OpenGuild

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OpenGuild

DEPIN FlyWheel

Without the need for a massive upfront investment as has been the case with traditional business models.
Tokens attract people to deploy hardware which offers services to other people.
People on the supply side earn for providing new or existing hardware to people seeking out the goods or services that hardware provides.

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OpenGuild

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DePIN Use Cases

OpenGuild

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Use case: peaq network

OpenGuild

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Silencio

built on peaq network

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Use case: Hivemapper

OpenGuild

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OpenGuild

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PHALA Network

OpenGuild

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Middleware

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PHALA Oracle

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General Purpose Compute Processor

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Device Count on PHALA

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Build DePIN Applications on PHALA Network

with

OpenGuild Hackathon

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Q&A: Different Between PHALA

and Web2 Cloud (AWS, GCP)

OpenGuild

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Q&A: Scalability often poses a challenge in decentralized systems. How does Phala Network address scalability within the context of DePIN, especially when dealing with large-scale infrastructure networks?

OpenGuild

A Trusted Execution Environment (TEE) is a secure area of a processor that ensures that sensitive data is protected in a secure environment. This technology has become increasingly important in the world of blockchain, where security and privacy are paramount. The Phala Network is a blockchain platform that uses TEE technology to ensure the security and privacy of its users.

Also the platform utilizes Trusted Execution Environment (TEE) technology to provide a decentralised off-chain compute. Off-chain computation allows for more complex computations to be performed quickly and efficiently, without adding unnecessary load to the blockchain network. This is achieved by using external computing resources, such as cloud servers or trusted execution environments (TEEs), to execute the computations and then returning the results to the blockchain.

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Q&A: Regulatory compliance is another important aspect, especially in sectors like energy or transportation. How does Phala Network navigate regulatory challenges to ensure that DePIN remains compliant with relevant regulations while maintaining its decentralized nature?

OpenGuild

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Q&A: How can PHALA secure a global computer processor network?

OpenGuild

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Q&A: Different Between PHALA

and Web2 Cloud (AWS, GCP)

OpenGuild

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Q&A: What developers can build to impact the Web3 ecosystem using PHALA technology?

(3 recommended ideas)

OpenGuild

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HOW TO CONTRIBUTE?

Propose new idea

Contribute to projects

Grow the community

Workshops & Events

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Learn more with OpenGuild Community

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Benefits of Contribution

Networking with other developers

Improve your technical skills

Mentored by Substrate experts

Learn by building OSS

Career Opportunities 🧑‍💻

*OSS: Open-source Software