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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    how NFTs became a global brand and a Web3 “social currency”

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What’s the Difference & Which Is Better to Trade?

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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Home Blockchain

What’s New in DePin? Minima Logs Data for McLaren, Particle Joins Peaq, Sealcoin Launches IoT Platform

June 18, 2024
in Blockchain
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What’s New in DePin? Minima Logs Data for McLaren, Particle Joins Peaq, Sealcoin Launches IoT Platform
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Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.

READ ALSO

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Here’s what happened recently in the DePin sector: Minima has launched the world’s first on-chain race data logger for the McLaren GT4 supercar, SEALCOIN introduced a new IoT platform supported by strategic investment from The Hashgraph Association, Particle Network Joined Peaq Ecosystem.

Minima Debuts Blockchain-Powered Data Logger for McLaren GT4

Minima has successfully powered the world’s first on-chain race data logger for the McLaren GT4 supercar. This technology debuted at the renowned Spa-Francorchamps circuit, marking a massive advancement in motorsport data management.

The data logger, developed by Influx Technology, uses Minima’s L1 blockchain. This ensures the immutability and transparency of critical race data. Over twenty parameters, such as ignition timing, braking, and engine temperature, are logged in real-time. This system provides teams with reliable, unalterable data, enhancing decision-making and compliance.

““We believe that the full potential of blockchain has yet to be realised. To achieve mainstream adoption, it must provide real-world utility and seamless integration. We are collaborating with Influx to resolve a real challenge faced by the automotive industry. This partnership sets a new standard in race data logging, combining cutting-edge blockchain technology with the prestige and precision of McLaren’s racing heritage in their GT4 supercar,” said Hugo Feiler, co-founder and CEO of Minima.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

See also  GaFin Joins Efforts with Helium Wars to Redefine the Future of Web3 Gaming

Minima’s blockchain integration addresses long-standing industry challenges by ensuring data integrity and security. This development is a huge step towards optimizing performance and maintaining compliance within the competitive motorsport environment.

SEALCOIN Launches Blockchain-Based IoT Platform with Hashgraph Support

SEALSQ Corp has launched SEALCOIN AG, a new entity focused on DePIN. Backed by strategic investment from The Hashgraph Association, SEALCOIN meets the growing need for efficient, trustworthy transactions in the IoT sector, especially in Transactional IoT (t-IoT).

Using Hedera’s decentralized ledger, smart contract service, token service, and consensus service, SEALCOIN creates a DePin infrastructure. This allows IoT devices to autonomously handle transactions without human intervention or unnecessary middlemen, improving IoT interactions’ efficiency, security, and reliability.

“We at The Hashgraph Association believe that DePIN solutions are positioned to revolutionize the connected economy, bringing trust, efficiency, and innovation to enterprises and users on Hedera’s distributedledger technology. We are excited to be supporting SEALCOIN AG in bringing DEPIN Transactional IoT forward in a scalable, secure, and transparent manner,” stated Kamal Youssefi, President of The Hashgraph Association.

Read more: Top 12 Crypto Companies to Watch in 2024

The SEALCOIN utility token facilitates service-for-payment exchanges, ensuring efficient, reliable data management. This collaboration highlights the potential of blockchain in amplifying IoT transactions and setting new standards for security and efficiency.

Particle Network Joined Peaq Ecosystem

Particle Network has joined the peaq ecosystem, integrating its Wallet Abstraction solution. This will help the community grow beyond Web3 natives, bringing peaq and its DePIN projects to millions of potential users worldwide.

Particle’s Wallet Abstraction is a modular tool designed to help Web3 developers easily onboard Web2 users to decentralized applications (dApps). It allows users to log into dApps using existing email or social media accounts and enables developers to embed non-custodial wallets directly into their dApps interfaces.

“With our Smart Wallet, joining a DePIN on peaq becomes as trivial as logging into a regular Web2 app. However, this is only the beginning. As we further deploy chain abstraction infrastructure, any user from any chain will be able to access DePIN dApps, allowing for truly borderless adoption,” said Pengyu Wang, CEO of Particle Network.

Read more: Top 9 Web3 Projects That Are Revolutionizing the Industry

See also  Several billion-dollar gaming firms are exploring token launches

Peaq Ecosystem. Source: Peaq

These developments indicate a promising future for DePIN, with more prominent players entering the sector and new solutions emerging. While DePIN is still in its early stages and has some flaws, it allows for the exchange of tokens between synthetic and real-world assets. This supports traditional infrastructure by providing last-mile coverage in areas where conventional models are not economically feasible.

Tags: dataDePINIoTJoinsLauncheslogsMcLarenMinimaParticlepeaqPlatformSealcoinWhats

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  1. combamoxi says:
    4 weeks ago

    Thanks for sharing. It’s first quality.

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