‍‍Telefonica has strong interest in the Web 3 ...Middle East

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Everything started with the creation of the Metaverse Business Unit, but also, in Telefónica Ventures, we have already done some strategic investments (Bit2me, Nova Labs (Helium), Borderless), backing TEF Metaverse Business Unit roadmap. In this paper we want to tell you about the principles in which is based one of those builders, it is the use of blockchain for decentralize resources through tokenization. Decentralized Physical Infrastructure Networks – DePIN DePINs are defined as networks that use tokens to incentivize people to crowdsource and build of real-world physical infrastructure networks. For a better understanding we’ll continue amplifying it: Networks (decentralized blockchai

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