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Jing Sun is co-founder of IoTeX, a blockchain platform focused on connecting the real world to the web through decentralized physical infrastructure networks (DePIN). He works on integrating smart devices and IoT with blockchain technology.
1Interview
2023First on the show
Dec 2023Latest appearance
27 minOn camera
27:27
Latest interview · Dec 13, 2023IoTeX on decentralized physical infrastructure networks growthWatch the episode →
In their own words
“In the beginning of the year there are only a very few DePIN projects, but now we just released our DePIN landscape map and you will see dramatic growth. There are over hundreds of DePIN builders and really serious DePIN projects in different verticals.”
Key points from the latest interview
- IoTeX is a Web3 modular infrastructure platform designed to connect real-world devices, data, and resources to the blockchain ecosystem.
- Blockchain's primary value in physical infrastructure networks is enabling fair and transparent incentive distribution among network contributors.
- DePIN use cases are already live, including vehicle data networks that reward drivers with insurance discounts based on safe driving behavior.
- IoTeX evolved from early DeFi and NFT applications to focus on connecting physical devices and enabling decentralized infrastructure networks.
- The scope of DePIN extends across multiple device categories including vehicles, cameras, tracking devices, and smartphones for various use cases.