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Cryptocurrency News Articles

DePIN Project Co-Founder: Innovation Is a ‘Human Right,’ Quantum Computing Should Be Available to the Public

Oct 17, 2024 at 07:12 pm

At the Future Blockchain Summit, Cointelegraph spoke with Daniela Herrmann, the co-founder of DePIN project Dynex, to learn how the company plans to allow the public to access quantum computing.

DePIN Project Co-Founder: Innovation Is a ‘Human Right,’ Quantum Computing Should Be Available to the Public

A decentralized physical infrastructure network (DePIN) provider is aiming to give individuals access to technologies like quantum computing.

At the Future Blockchain Summit, held in Dubai from Oct. 13–16, Cointelegraph spoke with Daniela Herrmann, the co-founder of DePIN project Dynex, to learn how the company plans to allow the public to access quantum computing.

Unlike centralized networks, DePINs use blockchains to create distributed systems. These projects ensure that services remain accessible and aim to foster innovation and competition.

Dynex co-founder Daniela Herrmann with Cointelegraph’s Ezra Reguerra. Source: Luna PR

Herrmann explained that quantum computing is an emerging technology that allows people to solve complex calculations that were once impossible due to the exponential growth of resources required. Use cases for quantum computing range from weather prediction models to pharmaceutical research, she said.

Innovation is a “human right”

Herrmann told Cointelegraph that Dynex is a quantum-as-a-service offering, claiming it’s the first entity that allows the public to access the technology through a subscription.

“If that [quantum computing] is possible for everyone, let’s imagine you could do a quantum in every personal computer, it would mean that you can very quickly play with higher complexities that give you solutions,” Herrmann explained.

When asked why the company wants to give people access to the technology, she said that they believe that innovation should be available for everyone. Herrmann said:

“We strongly believe that innovation is a human right and that it should be accessible to everyone, not just to large corporations that can afford to monopolize access to technological innovations.”

Herrmann also added that if someone is not capable of paying the fees, they also have a business arm that supports pioneers through investments.

Related: Scientists breach cryptographic algorithms with quantum computer: SCMP

Proof provision using blockchain technology

When asked where the blockchain comes in, Herrmann said Dynex provides a decentralized operating system and allows for ethical integrity.

Herrmann explained that blockchain technology allowed Dynex to build an operating system sustained by decentralized networks, enabling ethical integrity through decentralized networks and graphics processing units (GPUs).

In addition, Herrmann said that the blockchain also works as a time stamp, which allows for providing proof.

“It is also a system for a time stamp. If we want to create ethical integrity, let’s say proof provision, and as that is given with the blockchain,” Herrmann added.

Magazine: Longevity expert: AI will help us become ‘biologically immortal’ from 2030

Explore further

Original source:cointelegraph

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