On June 25th, the Internet of Things (IoT) industry is facing a profitability dilemma, but blockchain-powered decentralized physical infrastructure (DePIN) is expected to solve this problem. Paul Brody, global head of blockchain at Ernest & Young (E & Y), said that through DePIN, smart devices can leverage blockchain and decentralized cloud infrastructure for sustainable operations. This approach can reduce reliance on traditional data centers and provide a better smart home and connected experience.