Unlocking Mobility With Token Incentivized Physical Infrastructure Networks
We are living in an exciting time where new use cases for blockchain technology are being developed every day. One of the most exciting use cases is Token Incentivized Physical Infrastructure Networks (TIPIN). This concept involves using tokens or digital assets to incentivize developing and maintaining physical infrastructure networks. Mobility networks are among the most promising use cases, so let’s take a look at some of the top TIPIN projects in this sector.
Hivemapper is a decentralized digital mapping network that rewards participants with its native token for capturing map data from dashcams and adding it to a decentralized Google Maps alternative. By leveraging blockchain technology, Hivemapper creates a secure and transparent platform for collecting, sharing, and verifying data from drivers worldwide while rewarding them with tokens for their contributions.
Soarchain is another fascinating project using blockchain technology to revolutionize mobility ecosystems. Soarchain is the only company building its own layer 1 network that enables a token-incentivized data and connectivity infrastructure for cars. They leverage Cosmos SDK technology and aim to benefit from the whole Interchain ecosystem. With its native smart contracts, Soarchain enables decentralized applications specific to mobility, creating a dAPP ecosystem on cars. They are also using the cellular vehicle-to-everything (C-V2X) technology, which enables low-latency and secure direct communication between the vehicles. The team behind Soarchain has set out on a mission to advance how technology helps people move worldwide — and it looks like they’re well on their way!
DIMO is a web3 IoT platform that allows drivers to stream their vehicle data directly to DIMO in exchange for tokens. In addition to providing secure data storage, DIMO also enables machine-to-machine payments and unlocks additional opportunities.
These are just three amazing projects leveraging blockchain technology to revolutionize mobility networks worldwide. If you’re interested in learning more about these projects or getting involved, be sure to check out their websites!
Blockchain technology has the potential to revolutionize how we interact with our physical infrastructure networks — and TIPIN projects like Hivemapper and Soarchin are leading the way into this exciting new future!
