According to Golden Finance, Moody's has released its first report on DePIN (Decentralized Physical Infrastructure), highlighting its potential to enhance existing network expansion and innovation, but also warning that unclear regulatory environments could hinder widespread adoption. The report states that DePIN, by combining blockchain technology with real-world networks such as telecommunications and storage, can improve network reliability and reduce operational costs. However, the report notes several challenges to technology adoption, including regulatory uncertainty, cybersecurity risks, and substantial infrastructure investment needs. The report also cites Helium as a successful example in this field, attracting over 350,000 user participants.