Tokenizing machine data and putting it on-chain is the next logical step in the evolution of DePIN. Imagine a data pool containing machine data from public EV charging stations. Each station collects data about charging power, battery level of EVs in the surrounding area, or current energy grid utilization. Developers in the energy sector now have all the information they need to build dApps that help balance the power grid, for example by offering charging incentives to EV drivers with low battery when there is a surplus of available power. Tokenizing the generated data allows it to be securely stored on the blockchain, ensuring transparency and immutability. This data can then be monetized, opening new revenue streams for charging station owners.
