FRANKFORT, KY – 10XTS, a leader in blockchain-based technology solutions for public and private sectors, presented a transformative approach to decentralized cloud infrastructure to the Kentucky Blockchain Working Group on September 11, 2024. The presentation, led by 10XTS CEO and Conduit Network founding partner Michael Hiles, explored the future of computing and the potential for decentralized physical infrastructure networks (DePIN) to address enduring challenges in state, county, and local government operations.
The session underscored the significant shift from centralized cloud services to DePIN models, introducing Conduit Network as a pioneering force in this technological evolution. The Kentucky Blockchain Working Group, established to investigate the applications of blockchain for state government, invited 10XTS to share insights on how decentralized solutions could reshape public sector operations.
Revolutionizing Public Sector Technology with DePIN
10XTS’s presentation highlighted the potential of DePIN to create more efficient, secure, and resilient infrastructures across government functions. By deploying decentralized cloud services through the Conduit Network, the state could address longstanding issues in data management, security, and service delivery, while reducing reliance on traditional centralized cloud providers.
Key highlights of the presentation included:
- The Transition to Decentralized Computing: A discussion on the fundamental differences between centralized cloud models and decentralized networks, underscoring the advantages of DePIN for scalability, efficiency, and security.
- Advantages of DePIN for Government Operations: Conduit Network’s DePIN architecture is designed to meet the unique needs of public sector applications, offering enhanced reliability and control over data.
- Use Cases for State, County, and Municipal Levels: Practical applications of DePIN in various government sectors, from secure data storage to managing infrastructure and public resources.
- Enhanced Security and Data Sovereignty: By leveraging decentralized infrastructure, Conduit Network enables government entities to achieve greater data autonomy, reducing vulnerability to data breaches and unauthorized access.
“DePIN offers a paradigm shift in how we approach government technology,” said Michael Hiles, CEO of 10XTS. “We are honored to share our solutions with the Kentucky Blockchain Working Group and believe that Conduit Network’s decentralized cloud services can empower government entities to manage data more effectively, secure sensitive information, and deliver improved services to citizens.”
Kentucky’s Commitment to Blockchain and Decentralized Technology
The Kentucky Blockchain Working Group was established to evaluate blockchain technology’s feasibility and value for state-level applications, especially in areas where data transparency, security, and efficiency are essential. Comprised of subject matter experts, stakeholders, and policy advisors, the group aims to explore how innovative solutions can improve the state’s technology infrastructure. The group’s engagement with 10XTS demonstrates Kentucky’s forward-thinking approach to leveraging advanced technologies to enhance public sector capabilities.
About Conduit Network
Conduit Network, a division of 10XTS, provides cutting-edge decentralized infrastructure solutions through DePIN, a next-generation technology that delivers a secure and resilient alternative to conventional centralized cloud platforms. Conduit Network’s services support a wide range of applications in public and private sectors, offering governments and businesses a reliable platform for managing data and optimizing operations. By distributing infrastructure across a decentralized network, Conduit Network reduces single points of failure, enhances data sovereignty, and promotes more efficient service delivery.
To learn more about Conduit Network and its decentralized cloud solutions, visit https://cndt.io.
