Report: DePIN and SwanChain will disrupt the cloud computing industry

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Cointime2024/06/25 00:28

By:Cointime

According to a report by Cointelegraph Research, the DePIN network and SwanChain ecosystem have the potential to disrupt the cloud computing market. The cloud computing market is expected to reach $23 billion by 2032, but is currently dominated by a few companies, posing high risks. DePIN and DeREN can reduce these risks, improve data processing security and transparency, and reduce costs. SwanChain's decentralized platform meets computing and storage needs through a bidding market, with costs 40-50% lower than AWS and others. The report also notes that the application of zero-knowledge computing technology on the SwanChain platform demonstrates its ability to handle large-scale processing.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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