Press Release
XYO Leads the Rise of DePIN and the Evolving Intersection of Technology and Data Sovereignty in 2024
San Diego, California, United States, 3rd Dec 2024 – The rapid digitization of our world has created both unprecedented opportunities and profound challenges. From smart cities to automated supply chains, the reliance on interconnected systems has revolutionized industries. Yet, centralization—a feature of most traditional infrastructure systems—has created vulnerabilities ranging from data breaches to monopolistic control over critical resources. Enter Decentralized Physical Infrastructure Networks (DePIN), a groundbreaking approach that aims to reshape how infrastructure and data systems operate, emphasizing equity, resilience, and individual empowerment.
DePIN stands as a transformative concept that leverages blockchain and decentralized technologies to rebuild physical infrastructure networks with an entirely new philosophy. Instead of central authorities owning and controlling the infrastructure, DePIN empowers individuals and communities to participate directly in its creation and management. This movement represents not only a technological evolution but a societal shift toward fairness and transparency.
DePIN’s ability to address long-standing challenges has also caught the attention of global technology and finance leaders. Companies like XYO are exploring its potential to solve inefficiencies and reduce dependency on centralized infrastructures, creating opportunities for innovation while safeguarding data privacy and sovereignty.
Markus Levin, co-founder of XYO Network, a leading player in blockchain geospatial technology, underscores the revolutionary promise of DePIN:
“DePIN is not just a technological innovation; it’s a societal transformation. By decentralizing infrastructure and data control, we empower individuals and ensure critical systems remain resilient and equitable.”
The Growing Momentum of DePIN
Over the past year, the adoption of DePIN has accelerated across industries. Logistics companies are implementing decentralized solutions to optimize supply chain transparency and efficiency. By removing single points of failure and creating a distributed network of contributors, DePIN reduces vulnerabilities and ensures that data remains both accurate and accessible in real time. Similarly, in the energy sector, DePIN has enabled the rise of microgrid systems, where communities can generate, distribute, and manage renewable energy locally, bypassing the inefficiencies of traditional centralized grids.
DePIN’s ability to address long-standing challenges has also caught the attention of global technology and finance leaders. Companies are exploring its potential to solve inefficiencies and reduce dependency on centralized infrastructures, creating opportunities for innovation while safeguarding data privacy and sovereignty.
Markus sees DePIN’s potential as closely aligned with XYO’s mission:
“Our goal at XYO is to create a world where people are not just passive participants in data collection but active beneficiaries of the value their data generates. DePIN enables this on a global scale.”
The Role of Regulation
DePIN’s rise coincides with increasing global concerns about data privacy and sovereignty. Governments around the world have introduced regulations to address these concerns, with Europe’s GDPR leading the way. These frameworks aim to protect individuals’ rights over their data, but compliance with such regulations has proven challenging for centralized entities that inherently prioritize control over accessibility.
DePIN offers a viable solution to this dilemma by decentralizing data storage and management, ensuring users retain ownership of their data while complying with regulatory demands.
Driving Economic and Environmental Resilience
Beyond its technical and regulatory benefits, DePIN presents exciting possibilities for fostering economic inclusion and environmental sustainability. Decentralized infrastructure networks enable communities to design solutions that cater to their unique needs, unlocking opportunities that were previously out of reach due to the limitations of centralized systems.
For example, in rural regions with limited access to energy grids, DePIN can facilitate the development of decentralized energy solutions, allowing households to participate in generating and trading renewable energy resources. Similarly, small businesses can leverage DePIN-enabled networks to bypass traditional barriers, such as high costs and restricted access to global markets.
Markus Levin, co-founder of XYO Network, a leading player in blockchain geospatial technology, underscores the revolutionary promise of DePIN:
“DePIN is not just a technological innovation; it’s a societal transformation. By decentralizing infrastructure and data control, we empower individuals and ensure critical systems remain resilient and equitable.”
These systems also contribute to environmental goals by promoting resource efficiency. In the case of decentralized energy grids, waste is minimized, and renewable energy sources like solar and wind can be harnessed effectively. In logistics, decentralized networks improve tracking and transparency, reducing emissions and waste through optimized routes and supply chains.
The Role of Emerging Technologies
The intersection of DePIN with blockchain, artificial intelligence (AI), and the Internet of Things (IoT) is a critical factor driving its adoption. Blockchain ensures the security and transparency of decentralized networks, while IoT devices collect real-time data that enriches these systems. AI enhances efficiency by analyzing data, identifying patterns, and making predictive decisions. Together, these technologies create a robust foundation for DePIN systems to scale and adapt to various industries’ needs.
This convergence aligns with XYO’s vision of leveraging blockchain to decentralize geospatial data. By integrating IoT devices, AI, and blockchain, XYO provides a scalable, resilient solution for location-based data networks. Levin explains,
“DePIN gives us the tools to redefine how infrastructure and data systems operate. It’s a call to action for organizations to prioritize transparency, equity, and user empowerment as they build the future.”
Challenges and Responsibilities
Despite its potential, the rise of DePIN is not without challenges. Building decentralized networks requires significant collaboration, trust, and technical expertise. Organizations pioneering this space must navigate regulatory uncertainty, technical complexities, and the challenge of convincing stakeholders to embrace decentralized systems over traditional ones.
For XYO, these challenges represent opportunities to lead by example. By demonstrating the tangible benefits of DePIN through practical applications, XYO can inspire other organizations to follow suit.
A Decentralized Future
The rise of DePIN represents more than a technological trend—it signifies a shift toward a future where data sovereignty, equity, and innovation coexist. By decentralizing critical infrastructure, DePIN allows individuals and communities to reclaim control over their resources, fostering a world that is more resilient, inclusive, and efficient.
As the adoption of DePIN accelerates, organizations like XYO are at the forefront of this transformation, proving that decentralized systems can deliver tangible benefits across industries. With continued innovation and collaboration, DePIN has the potential to redefine how infrastructure operates, creating a global ecosystem that prioritizes people over profit and resilience over control.
The future of DePIN is not just a possibility—it’s a promise of a more equitable and empowered world.
About
XYO is a decentralized technology ecosystem that bridges the gap between the physical and digital worlds. At its core, XYO empowers users with digital sovereignty, enabling them to fully own, control, and monetize the data they generate. Through innovative products like the COIN app, which rewards users for contributing data, and the xyOS operating system, XYO is at the forefront of DePIN technology, driving the vision of a user-controlled, open internet.
Read more about XYO at xyo.network and check out our socials:
X | Discord | Telegram
Media Contact
Organization: XY Labs
Contact Person: Arie Trouw
Website: https://xyo.network/
Email: arie.trouw@xy.company
City: San Diego
State: California
Country: United States
Release Id: 03122420701
The post XYO Leads the Rise of DePIN and the Evolving Intersection of Technology and Data Sovereignty in 2024 appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Ex-bit Successfully Concludes Karawa Event in Malaysia, Marking a Milestone in Blockchain and Forex Innovation
Kuala Lumpur, Malaysia, 15th March 2025, ZEX PR WIRE, Ex-bit, a leading digital ecosystem in Web3 gaming, blockchain, decentralized finance (DeFi), and e-commerce, successfully hosted the Ex-bit Karawa Event at Hotel Sheraton Imperial, Kuala Lumpur. The grand event honored Ex-bit Achievers and witnessed the prestigious launch of Rame Markets, a fully regulated forex broker designed to transform the global financial trading landscape.
The event brought together industry pioneers, financial experts, and influential leaders from across the globe. Notable guests in attendance included:
Mr. Ram Patel – Industry Expert and Blockchain Visionary
Dr. Mayur Shrivastava – Key Influencer in Digital Finance
Master Dzulking – Prominent Thought Leader
Dato Asmawey Hussain – President, Crime Prevention & Awareness Board Malaysia
Dato Seri Dzulkify Saini – Influential Figure in Financial Regulation
Harat Ilkar Cakmakci (Turkey) – Global Business Strategist
Philip (Thailand) – Forex & Trading Expert
A Landmark Moment for Ex-bit & Rame Markets
The Ex-bit Achievers Felicitation recognized outstanding contributions to blockchain and financial innovation, celebrating individuals and organizations driving the Web3 revolution forward.
The highlight of the evening was the official launch of Rame Markets, a fully regulated forex brokerage offering secure, seamless, and compliant trading solutions to investors worldwide. With a focus on transparency, financial growth, and user empowerment, Rame Markets is set to redefine forex trading for both beginners and seasoned investors.
Ex-bit’s Commitment to Digital Innovation
Ex-bit continues to expand its presence in the blockchain and fintech space by providing a secure, decentralized, and user-driven ecosystem. With a strong foundation in Web3 gaming, DeFi solutions, and digital commerce, Ex-bit aims to lead the next wave of digital transformation.
Looking Ahead
The success of the Ex-bit Karawa Event underscores the company’s commitment to innovation, financial empowerment, and global expansion. As Ex-bit and Rame Markets move forward, they remain dedicated to delivering cutting-edge solutions that redefine the digital economy.
For media inquiries or further information, contact:
admin@ex-bit.ai
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Myco Announces Major Partnership with A47 News Network – A Game Changer for Web3 Streaming and Meme Culture
Dubai, UAE, 15th March 2025, ZEX PR WIRE, Myco, the leading Web3 video streaming platform with over 21 million users globally, is thrilled to announce its partnership with A47 News Network, the world’s first fully AI-generated news network known for its viral, meme-driven content targeting trending headlines from around the world. This strategic alliance is set to revolutionize the way news is consumed and distributed.
A New Era of Decentralized, Meme-Fueled Streaming
A47 News Network’s 47 AI-powered news agents scour global news in real time and spin it into humorous, engaging, and shareable memes. By combining these disruptive AI capabilities with Myco’s state-of-the-art Web3 infrastructure, this partnership creates a truly interactive and rewarding ecosystem that resonates with the Gen Z audience.
Myco is a UAE based media company with 3 global offices and owns the rights to some of the most premium content such as ICC Cricket Rights, English Premier League, Shark Tank and more with over 100 Live Tv channels in certain regions such as MTV, Comedy Central, Colors, Nick, CGTN, Mix network to name a few, and 500+ content partnerships including Inter Milan, Copa 90, Squash TV, Karate Combat, ArabGT, Edge of NFT, ESTV and more.
This partnership marks a significant leap forward in the Web3 space. It’s a fusion of blockchain-enabled streaming and cutting-edge AI news content that not only entertains but also empowers the community. The Gen Z users, especially crypto meme enthusiasts, will love the blend of real-time news, viral memes, and a platform that rewards engagement in the digital age.”
Empowering Viewers and Fueling Viral Engagement
Myco’s platform already stands out with its “watch & earn” model that rewards users for their live watch time, and now, by adding A47’s dynamic and irreverent content, Myco is poised to capture the attention of a new generation of digital natives. The integration means users will be treated to a continuous feed of witty, meme-infused news that turns everyday headlines into cultural moments.
Setting a New Standard in the Web3 Space
The synergy between Myco and A47 News Network is more than just a content partnership; it’s a cultural movement. This collaboration challenges traditional news paradigms by merging reliable information with the digital humor and engagement that define today’s social media landscape. It sets a new standard for how news and entertainment can coexist on decentralized platforms, offering a fresh, exciting alternative for media consumption in the age of blockchain and AI.
About Myco
Myco is the leading Web3 video streaming platform, dedicated to delivering a decentralized and transparent viewing experience. With a robust “watch & earn” model and innovative integration of blockchain technology, Myco empowers users by rewarding them for their engagement and loyalty. Myco is committed to pushing the boundaries of digital streaming and providing a platform that reflects the values and lifestyles of today’s tech-savvy audience.
Myco is well reputed in the web3 space and has been a long term media partner at Token2049, Future Blockchain Summit, Binance Blockchain Week and has investments & partnerships with companies including Aptos Labs, Gargash Group, Daman Investments, Ghaf Capital (core backers of SUI), Republic, Art3 Foundation, Factor6 Capital and many others.
About A47 News Network
A47 News Network is the world’s first fully AI-generated news network. Powered by 47 advanced AI news agents, A47 transforms trending global news into humorous, meme-style commentary without human intervention. With its focus on delivering real-time, engaging, and shareable content, A47 has become a favorite among younger audiences and digital meme enthusiasts worldwide.
With this partnership, Myco and A47 News Network are set to redefine how news is consumed and experienced in the Web3 era – making every click, view, and share a rewarding part of a new digital revolution.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UC and SOLOMON PARTNERS Forge Strategic Partnership to Build a New Global Fintech Ecosystem
March 15, 2025 | New York
Today, Unity Centre Investing LLC (UC), a global leader in financial technology, signed a strategic investment agreement with SOLOMON PARTNERS, a renowned international investment institution, and its existing strategic shareholder, EVERMORE GROUP, in New York. This collaboration strengthens UC’s global expansion and innovation efforts, marking a new milestone in the company’s development.
Strategic Restructuring and Optimized Equity Structure
Under the agreement, after the restructuring, UC will hold a 40% stake, while EVERMORE GROUP and SOLOMON PARTNERS will each hold 30%. Celine Weissman, UC’s Chief Financial Officer, stated:
“This structure provides three key advantages for UC: optimizing corporate governance with a professional decision-making mechanism, enhancing capital strength to support global expansion, and integrating resources to accelerate business growth.”
Establishing a Global Fintech Benchmark
At the signing ceremony, Shawn Thompson, Co-founder and CEO of UC, reflected on key milestone since the company’s founding in 2024. UC successfully launched its forex custody insurance system, achieving nearly 60% trading success rate, obtained regulatory licenses including ASIC (Australia), MSB (U.S. Treasury), and NFA (U.S.), and established three core trading hubs in New York, London, and Tokyo.
Thompson further outlined the company’s future roadmap:
“With the strength of this strategic partnership, UC aims to complete the deployment of eight core data centers worldwide by 2025 and secure key regulatory licenses in major global markets. By January 2026, we will officially launch a high-performance multi-asset exchange supporting over one million concurrent transactions, integrating forex, digital assets, futures, and indices into a unified financial services platform.”
Leveraging Synergies for Accelerated Growth
As an early strategic investor, EVERMORE GROUP reaffirmed its commitment to supporting UC’s growth: “With our institutional network spanning 15 countries and over $110 billion in assets under management, EVERMORE GROUP will focus on supporting UC’s presence in North America and Europe. We will leverage our partnerships with leading banks, market makers, and technology providers to help UC build a world-class trading ecosystem”
Representatives from SOLOMON PARTNERS also elaborated on their investment rationale, citing UC’s forex custody insurance system effectively mitigates trading risks, and boasts a team of experts from top financial institutions such as Goldman Sachs and JPMorgan Chase. UC’s integrated exchange is poised to redefine financial services. “As a new strategic shareholder, we will empower UC’s development in three key areas: introducing strategic partnerships with top global financial institutions, providing incubation support for innovative business models, and strengthening UC’s corporate governance structure.”
Roadmap for Global Expansion
Lucas Lehmann, Chief Operating Officer of UC, presented the company’s 18-month execution plan: “For the forex custody business, UC plans to apply for regulatory licenses in Canada and the United Kingdom by April 2025, establish five new core data centers in Dubai, Singapore, Hong Kong, Frankfurt, and Chicago by September 2025, and set up three regional operational centers in the Asia-Pacific region by the end of 2025.
Regarding the development of its integrated exchange, UC has already completed core technology development, achieving million-level concurrent processing capability. Moving forward, it will focus on strengthening its global market maker network, with partnerships established with 20 top-tier institutions, implementing a 24/7 risk management system with millisecond-level monitoring, and recruiting 150 industry professionals for an international operations team.”
Clear Financial Targets & Sustainable Growth
UC’s Chief Financial Officer, Celine Weissman, further disclosed the company’s financial goals: “By 2025, UC plans to invest $20 million in expanding its core data centers and allocate $15 million toward securing global regulatory licenses. By 2026, UC aims to achieve a daily trading volume of $1 billion and an annual transaction fee revenue of $700 million.”
Industry analysts view this strategic partnership as a turning point in UC’s development, signalling an accelerated phase of growth and strong investor confidence in innovative financial technology models. UC’s forex custody insurance system and forthcoming integrated exchange are expected to reshape the global financial services landscape and drive the next wave of fintech innovation.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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