The Internet of Things made vehicles, machines and devices aware of their surroundings and able to communicate. In the Economy of Things, these machines are fully autonomous and self-sufficient, able to provide all kinds of services to people, businesses and other machines. peaq powers a decentralized Economy of Things.
The peaq network is a Web3 network powering the Economy of Things. peaq enables people to build decentralized applications (dApps) for users of vehicles, machines and devices and empowers dApp builders and users to govern and earn from them. peaq also enables machines to independently sustain and improve themselves by providing goods and services to people and machines via these same applications.
peaq is the first Web3 network to leverage Machine NFTs to give people ownership, profit and governance rights. peaq's economic model enables everyone - from investors, to machine owners, to manufacturers, to the machines themselves - to directly benefit from machines providing the best possible services to people and other machines - aligning everyone's incentives.
We enable people to own a share in machines and the machine economy and benefit from directly. This has the effect of aligning stakeholders behind the common goal of enabling machines to provide the best possible services. peaq leverages Machine NFTs, DeFi, Self-Sovereign Identity, Web3 Bridges and Smart Contracts to create an infinite loop of value creation. Here's how:
'With their groundbreaking technology peaq has the potential to evolve into one of Europe’s leading technology platforms.'
'There’s a lot of interest in the world today for blockchain solutions and there certainly seem to be applications where peaq is exactly the right solution.'
'They provide the needed infrastructure as a provider who has successfully managed to learn from the requirements of large corporates.'
'peaq have the tech, the team and the timing - and they’re working on truly industry-shaping technology with industry-leading companies.'
‘peaq has the potential to become one of the next general purpose technologies. Collaboration with world leaders shows a platform that is secure and scalable. They are here to stay.’
‘Having seen how much value peaq has already generated for major automotives and how enthusiastic they are about the results, I am even more pleased to be able to support the team.’
'peaq is led by a great team of entrepreneurs and engineers who guarantee the company will remain at the forefront and create significant value for clients and investors.'
'peaq’s technology is a critical building block for a world exploding with intelligent, data-generating ‘things’ that need to exchange information constantly and securely.'
‘‘peaq avoids many of the „classic” drawbacks of blockchain … this creates almost boundless potential with fascinating use-cases across a multitude of industries.‘’
peaq has joined MOBI, the largest blockchain-focused mobility consortium which aims to build the new economy of movement by bringing together some the largest and most influential players in mobility.Read full article
Web3 has many aspects to it, but at its core is the return to decentralization as in Web1, the maintaining of the high functionality of Web2, and the addition of web-native value transaction and ownership.Read full article
Giving machines Self-Sovereign Identities (SSIs) allows machines, vehicles and devices to move, trade and interact with minimal friction in terms of time, security risk and costs.Read full article
If you resonate with what peaq is striving to achieve and would like to be a part of what we’re building there are ways you can join and support us.