A decentralised physical infrastructure network refers to a network of physical devices or resources distributed across various locations and operated in a decentralised manner. Unlike traditional centralised infrastructure networks, where a single entity or organisation controls and manages the resources, decentralised networks aim to distribute control and decision-making authority among multiple participants.
Wicrypt is a specific platform that utilises a decentralised physical infrastructure network to provide internet connectivity. Wicrypt leverages existing physical infrastructure, such as Wi-Fi routers and access points in public spaces, such as cafes, restaurants, and hotels, to create a decentralised network of internet access points.
Also, gated communities can leveraged Wicrypt technology to build a Wi-Fi network controlled and governed by communities. Traditional Internet Service Providers don’t have much incentive to provide internet connectivity in rural communities, but with Wicrypt, the communities are properly incentivised to set up and manage internet connectivity in their region.
Users of the Wicrypt platform can connect to these decentralised access points to access the internet securely and privately. The platform allows individuals with spare bandwidth on their Wi-Fi routers to monetise their resources by sharing them with others. Users can purchase data vouchers from Wicrypt and redeem them to access the internet through these decentralised access points.
The decentralised nature of the Wicrypt network ensures that internet connectivity is available in a distributed manner, leveraging the existing infrastructure instead of relying on a centralised internet service provider. This approach can help expand internet access in areas where traditional connectivity options may be limited or expensive.
By utilising a decentralised physical infrastructure network, Wicrypt creates a more inclusive and accessible Internet ecosystem, enabling individuals and businesses to share and monetise their unused resources while providing affordable Internet connectivity to users. As the global adoption of circular and regenerative circular economy principles increases, societies will increasingly rely on DePIN approaches such as the one employed by Wicrypt when building infrastructure projects.