Report: DePIN and SwanChain will disrupt the cloud computing industry
2024-06-24 21:18:29
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The DePIN network and the SwanChain ecosystem are poised to disrupt the cloud computing market, according to a Cointelegraph Research report. The cloud computing market is expected to reach $2.30 billion by 2032, but is currently dominated by a handful of companies and is high-risk. DePIN and DeREN can mitigate these risks, improve data processing security and transparency, and reduce costs. SwanChain's decentralized platform meets computing and storage needs through a competitive bidding marketplace at a cost 40-50% lower than AWS, among others. The report also notes that the application of zero-knowledge computing technology on the SwanChain platform demonstrates its large-scale processing capabilities.
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