Samsung Subsidiary Invests in DePIN Firm Roam

Roam, a firm focused on DePIN (Decentralized Personal Identification Number) applications, has received an investment from a subsidiary of tech giant Samsung. The investment amount, however, and other details of the deal are not disclosed yet.

Investments into companies like Roam show a growing interest from global corporations in the applications of blockchain technology and decentralized systems. Roam’s DePIN technology helps users to securely manage and authenticate their identity without needing to rely on a central authority, reducing fraud risks