CESS debuted on Capitol Hill, showcasing innovative data infrastructure to lawmakers

Author: CESS

We are proud to announce that CESS successfully participated in the landmark DePIN Fly-In & Briefing event hosted by the Blockchain Association on October 2, 2024! This event brought together key players in the DePIN (Decentralized Physical Infrastructure Networks) space for in-depth discussions with U.S. lawmakers on Capitol Hill, marking an important moment for the industry's future development and decentralized infrastructure.

October 2: A Day for DePIN on Capitol Hill

Three co-founders of CESS represented the company at this milestone meeting, where Nick delivered an impressive speech outlining how DePIN technology is driving advancements in industries such as data storage, telecommunications, and energy. Nick particularly emphasized how CESS's decentralized storage and decentralized content delivery network (CD²N) address critical challenges in data security, privacy, and scalability.

The day was filled with profound dialogues with key lawmakers, focusing on the important role of decentralized infrastructure in addressing data sovereignty and ensuring secure, equitable access to digital resources. The CESS team shared their vision for the future, where decentralized solutions will form the foundation of Web3 applications, further democratizing data ownership and control.

The Event's Significance for CESS

For CESS, this event provided a valuable opportunity to engage deeply with government and policymakers, showcasing CESS's innovative technology while the three co-founders shared our mission to build a secure, scalable, and sovereign data infrastructure. Our technology addresses key pain points in the current digital environment, such as the growing demand for secure storage, rapid data retrieval, and robust privacy controls. These are essential factors for industries worldwide looking to integrate decentralized technology into practical applications.

Our participation highlighted CESS's leadership in shaping decentralized data infrastructure, particularly emphasizing data integrity and the scalability of enterprise-grade storage solutions. At the same time, it reaffirmed our ongoing commitment to advancing the standardization of decentralized storage protocols, as exemplified by our leadership in developing the IEEE P3233 standard (the first decentralized cloud storage protocol standard).

CESS Driving Real Use Cases in the DePIN Space

This briefing marked the beginning of deeper interactions with policymakers aimed at promoting the development of DePIN technology. Together with well-known projects like Helium and Filecoin, CESS has become one of the first DePIN companies to demonstrate to legislators that blockchain technology can deliver real use cases in critical industries such as data storage, energy, and telecommunications, moving beyond just the financial sector.

CESS co-founder Joseph stated, "We are very pleased to participate in this groundbreaking event, and we thank the U.S. Blockchain Association for organizing it. This discussion with lawmakers once again underscores the importance of data sovereignty and decentralized infrastructure. We believe that DePIN will not only transform key industries but also foster a more open and secure industry ecosystem."

As one of the first DePIN leaders to showcase how blockchain technology can bring real applications to multiple industries, CESS is committed to providing scalable, secure, and transparent solutions across various sectors. Our technology aims to address core pain points in the current digital ecosystem, particularly challenges related to data privacy, data ownership, and large-scale storage. This briefing serves as a pivotal moment for CESS's collaboration with policymakers, helping to build a policy framework that promotes the development of DePIN and ensures the secure management of data across industries.

Building Decentralized Data Infrastructure

As CESS continues its leadership journey in decentralized storage and content distribution, we will commit to developing innovations that empower users and businesses. This Capitol Hill briefing is a key moment in shaping the regulatory and policy framework needed to foster DePIN growth, ensuring secure data exchange and management across industries.

We once again thank the Blockchain Association for providing this platform for engagement with policymakers, showcasing the transformative potential of DePIN technology. We look forward to more collaborative opportunities in the future to drive policy discussions and create more real-world applications in the decentralized infrastructure space. CESS , a decentralized data infrastructure, is a blockchain-based decentralized cloud storage network and CD²N network that supports online data storage and real-time sharing, providing a full-stack solution for the storage and retrieval of high-frequency dynamic data in Web3. >

CESS Network is a Layer 1 built on the DePIN concept, characterized by decentralization, efficiency, security, privacy, and scalability. CESS supports large-scale commercial storage and can accommodate phenomenal decentralized applications (dApps); CESS enables data monetization and the free flow/sharing of data value while achieving user data privacy protection and data sovereignty returning to data owners in a trustless manner, thereby building a prosperous, diverse, and sovereign data asset economy new ecosystem.