Introduction

The world is currently undergoing a rapid wave of digitalization, marked by the unprecedented proliferation of smart devices and connected hardware. However, this has been accompanied by significant imbalances and inefficiencies in the allocation of computing resources. According to statistics, more than 12 billion connected devices globally are underutilized, with 90% of their computing power idle. These devices include smartphones, routers, smart home devices, and energy storage units. Their untapped computational potential not only leads to massive resource wastage but also hinders the progress of the global digital economy.

The current centralized computing power market is dominated by a few tech giants that operate vast data centers. This centralization results in high service costs, making computing resources inaccessible for small businesses and individual users. Furthermore, centralized data centers contribute to high energy consumption, significant carbon emissions, and geographical constraints, limiting their capacity to meet the increasing demands of emerging technologies like Web3, AI, and IoT.

The rise of Decentralized Physical Infrastructure Networks (DePIN) offers a transformative solution to these challenges. By leveraging blockchain and smart contract technology, DePIN enables the conversion of idle devices into computing nodes within a distributed network. This approach not only unlocks the latent value of these devices but also ensures fair and transparent profit-sharing mechanisms. Through decentralized scheduling and edge computing optimization, DePIN significantly reduces resource wastage and energy consumption while catering to high-demand scenarios such as AI training, IoT data processing, and Web3 applications.

PhyChain has emerged as a pioneering project in this transformative era. It aims to create a global distributed computing power ecosystem that promotes inclusivity in the digital economy. Through its self-developed Distributed Resource Activation Protocol, PhyChain transforms smart devices like phones, routers, and wearables into core nodes of a decentralized network, enabling resource sharing and efficient utilization. PhyChain’s vision is to democratize access to computing power, breaking the monopoly of tech giants and making resources accessible to every individual and small business. By combining technology with market forces, PhyChain strives to revolutionize the allocation of computing resources and drive the equitable development of the global digital economy.