Blockchain and AI could fuel $3.5T DePIN market boom by 2028: WEF
The decentralized physical infrastructure network market could surge to $3.5 trillion by 2028 as AI and blockchain converge, according to a new World Economic Forum report.
The growing convergence of blockchain and artificial intelligence could see the decentralized physical infrastructure network (DePIN) market soar past $3.5 trillion in the next three years, according to the World Economic Forum (WEF).
DePIN merges blockchain technology with community-owned physical infrastructure to create decentralized networks where participants can contribute resources in exchange for cryptocurrency.
“Currently valued at $30 billion-$50 billion with over 1,500 active projects worldwide, this relatively new sector is projected to grow to $3.5 trillion by 2028,” the report said.