{"id":8952,"date":"2025-01-21T20:17:02","date_gmt":"2025-01-21T20:17:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8952"},"modified":"2025-01-21T20:17:02","modified_gmt":"2025-01-21T20:17:02","slug":"aviation-depin-network-wingbits-raises-5-6m-for-decentralized-flight-tracking","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8952","title":{"rendered":"Aviation DePIN Network Wingbits Raises $5.6M for Decentralized Flight Tracking"},"content":{"rendered":"<div>\n<p>Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6 million in funding.<\/p>\n<p>DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent of the cloud computing services offered by Big Tech giants like Amazon and Google. <\/p>\n<p>The investment round, which takes Wingbits&#8217; total backing to $9.2 million, was led by Borderless Capital and Bullish Capital. The latter&#8217;s parent company, Bullish Group, is also the owner of CoinDesk.<\/p>\n<p>Wingbits&#8217; aim is to offer rewards-based flight tracking using cryptographically-secured Automatic Dependent Surveillance\u2013Broadcast (ADS-B) receivers.<\/p>\n<p>&#8220;Flight tracking has long relied on a global network of volunteers who install home antennas to collect flight data,&#8221; Wingbits said in an emailed announcement on Tuesday. <\/p>\n<p>&#8220;Companies sell this data to airports, airlines and other organisations to support their global operations, generating hundreds of millions in revenue, while volunteers themselves receive nothing in return.&#8221;<\/p>\n<p>Read More: <a href=\"https:\/\/www.coindesk.com\/tech\/2024\/12\/10\/heliums-frank-mong-building-out-depin-s-first-big-success-story\" target=\"_blank\">Helium&#8217;s Frank Mong: Building Out DePIN&#8217;s First Big Success Story<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6 million in funding. DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent of the cloud computing services offered by Big Tech giants like Amazon and Google. The investment round, which takes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8952","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8952"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8952\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}