"Decentralization will not, absolutely not, be the reason for the average user to use Web3. The average user is not going to use Web3 until it's as easy to use as Web2 and unlocks features that Web2 cannot provide." This is a powerful quote from this episode's conversation with Ian Andrews (CMO, Chainalysis) and the, Co- Executive Directors of the Web3 Working Group, Amy James and Devon James as they unravel the technical complexities of Decentralized Physical Infrastructure Networks (DePIN) and explain why they believe the next opportunity for wider adoption will not just be adoption in the financial space, but adoption in the technology space.The duo also emphasize the need for open protocols and standards to ensure interoperability and competition in the space, as well as the challenges of building in the Web3 space and the importance of educating policymakers and regulators about the potential for these technologies.Minute-by-minute episode breakdown((((((((Related resourcesCheck out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.Website:  Web3 Working Group: Advocacy for Decentralized Infrastructure ProtocolsYoutube: Weekly Youtube Live Show: What Kind of Internet Do You Want? Podcast: DarkHorse Podcast with Bret Weinstein Webpage:  Explore DePIN protocols and the decentralized apps that use themArticle: What is DePIN?Blog: Risky Business: The Economics Behind Decentralized Storage NetworksBlog: OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware GroupsReport: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now)YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram Speakers on today’s episodeIan Andrews * Host * (Chief Marketing Officer, Chainalysis) Amy James (Co- Executive Director, Web3 Working Group)Devon James (Co- Executive Director, Web3 Working Group)This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.