News
What’s happening?
We’re heading to IAA MOBILITY 2023 in Munich this September, where peaq will be the layer-1 backbone for a live demo featuring Tesla and Jaguar cars.
Why is it important?
Because if you’re not into Teslas, there will be a Jaguar on peaq too! And, more importantly, we will get to showcase a live and kicking prototype of our vision of the Economy of Things at Europe’s largest automotive fair.
What does it mean for the community?
The live demo, which involves enterprises like Bosch and DENSO and leading Web3 projects, will showcase how and why the Economy of Things is a critical opportunity for enterprise. Enterprise adoption of peaq will propel the activity and liquidity on the network.
How many Teslas are there on an average blockchain? We’re pretty sure the answer is a resounding “zero.” But just a few weeks ago, we announced the integration with ELOOP, and now, there’s at least one chain with a whopping 100 Teslas.
But Tesla isn’t everyone’s cup of tea, after all. Yes, its dashboard makes you feel like you’re driving a spaceship. Yes, the front trunk is both handy and amusing. But it’s always good to have options, and competition is the mother of innovation. For all of our love for Teslas, they couldn’t have been the only car on peaq.
So now, we’re getting a Jaguar onboard — and, together with our partners at Gaia-X moveID, we’re bringing it to Europe's largest auto-fair - the IAA.
There’s a lot to unpack there, so let’s start with a quick look at Gaia-X moveID. Gaia-X is an EU-backed consortium working toward European digital sovereignty. It aims to create digital infrastructure based on privacy and transparency. With a combined budget counting in the tens of millions, it is essentially the EU's answer to giants like AWS and Google.
As a project within the Gaia-X 4 Future Mobility family (moveID), peaq aims to create the standards and digital infrastructure for the future of connected mobility. Think things like electric vehicles (EVs) paying for charging from their own wallets, that’s what it’s all about. Led by Bosch, it also includes enterprises such as DENSO, Airbus, and Continental, and leading Web3 projects like Fetch.ai, Ocean Protocol, and more. peaq is one of the two layer-1 blockchains involved in the project.
The Internationale Automobil-Ausstellung (International Motor Show), or IAA, is one of the largest automotive fairs in the world. It is split in two events: IAA TRANSPORTATION and IAA MOBILITY. The latter is slated to take place in Munich, from September 5th to 10th, and is Europe’s largest industry event for all things mobility.
And that’s where moveID is taking its live demo. You guessed it right, it involves vehicles paying for charging and parking themselves. And here’s the coolest part — all of that will be taking place on peaq.
“The live demo at IAA MOBILITY will clearly demonstrate the vision behind Gaia-X 4 moveID in the most tangible and clear-cut way possible — by letting the users experience the future it aims for. We are excited to bring this live demo to Munich and look forward to showcasing it to business and policy decision-makers from around the world.”
— Peter Busch, moveID Project Lead and Product Owner for Distributed Ledger Technologies (Mobility) at Bosch
So what will be in the demo? Well, there’s two electric vehicles — a Tesla and a Jaguar — a charging station, and a smart parking spot. The visitors will get to take a short drive on one of the EVs, use the charger, and park it.
As part of this, the vehicle will register with the charger or the parking spot using its Self-Sovereign Machine Identity. It will also pay for the session or parking itself, from its own decentralized wallet. peaq’s testnet and Cosmos SDK-based Fetch Network will be powering these interactions, working as the transaction and identity layer. In other words, it will work as the digital backbone where the devices can ID one another and exchange value. peaq is also providing a decentralized application enabling EV peer-to-peer charging.
Streamlining these interactions will be the Fetch.ai AI agents. These digital agents will represent the connected hardware — the vehicles, the charging station, and the parking lot sensors — and will communicate with each other to negotiate the optimal terms and conditions for the services. peaq’s Multi-Chain Machine IDs will enable connectivity with the agents, which is a crucial part of the architecture behind the demo.
“As a leading layer-1 blockchain for mobility-focused dApps and decentralized physical infrastructure networks and one of the two layer-1s involved in moveID, peaq fully embraces the push for a Web3 mobility paradigm.”
— Leonard Dorlöchter, co-founder of peaq.
There are many moving pieces to moveID, and the project is a major collaborative effort bringing together top enterprises and leading blockchain projects to work on a Web3 mobility paradigm. The demo is very much a collaboration as well — here is what others are bringing to the table.
As the project lead, Bosch will be providing general organizational and coordination support for the initiative and evaluate its potential for industry adoption based on the model’s performance in the live demo. On top of that Bosch will provide an electric Jaguar powered by a full suite of specialized hardware enabling V2X communications and providing the foundation for automotive grade self-sovereign identity.
“At moveID, we believe that the best way to imagine the future is to experience it first-hand,” says Peter Busch, moveID Project Lead and Product Owner for Distributed Ledger Technologies (Mobility) at Bosch. “The demonstration at IAA is meant to do just that, putting the first fruits of our work on public display in a testimony to the feasibility of its underlying vision.”
Datarella, a Web3 company builder, will provide its public MOBIX app as the joint user interface and ‘remote control’ for all moveID privacy-preserving functionality. It will leverage Fetch.ai’s AI agents to enable smart interoperability of all underlying technologies.
“Leveraging Fetch.ai’s AI agents to connect different technologies and seeing the distilled result of the agent’s work in our MOBIX app is the living proof of the power of the moveID tech stack,” says Michael Reuter, CEO.
deltaDAO AG, a Web3 software development, integration and consulting company, will implement the ability to securely share usage and analytics data and make it visible and accessible in the Gaia-X 4 Future Mobility moveID public decentralized data marketplace powered by Ocean Protocol. Selling anonymized locally-stored data on the Ocean marketplace enables businesses to do away with data silos and unlock an additional GDPR-compliant revenue stream.
“While data is growing evermore important in the age of AI, the current dominant approach to its harvesting and unilateral exploitation is incompatible with the idea of ownership and privacy. moveID changes this equation, enabling all stakeholders to own their data and use it how they see fit without compromising their privacy,” says Kai Meinke, Co-Founder & Business Lead at deltaDAO AG and Lead of the Gaia-X Open-Source Software Community.
Ocean Protocol provides open source tools for the New Data Economy that enable decentralized data-sharing and secure access to quality data. Ocean technology will allow businesses and individuals in the moveID data ecosystem to safely exchange and monetize data and data-based services with one another as well as with stakeholders in other relevant data spaces while maintaining control over their data.
“Secure data processing is critical to the future of mobility,” says Sheridan Johns, Ocean Protocol Head of Ecosystem & Collaboration. “In the case of the moveID IAA demonstrator, key technical features of Ocean Protocol are used to build secure interoperable data ecosystems for offering innovative mobility services such as vehicle parking, vehicle charging and more.”
DENSO, a global mobility supplier that develops advanced automotive technologies, systems and products, is providing organizational and technical support to the initiative. It is also sponsoring the Alfen Eve Double Pro-line charging station, which will be used in the live demonstration.
“We are excited to showcase this live demo to the wider industry as we see great potential in using privacy-first tech to power the future of mobility. Data is crucial for R&D efforts in the automotive space, but data must be sourced in a secure and compliant way” says Christian Prehofer, Director at DENSO Automotive Germany.
Fetch.ai, an open platform that powers peer-to-peer applications with automation and AI capabilities, is providing its autonomous AI agent framework for the live demo. Communicating between AI agents on peaq network within the Polkadot ecosystem and Fetch’s Cosmos-based ecosystem via multi-chain IDs, the agents will power the interactions between the connected devices, including the vehicles, the charging stations, and the infrastructure to grant the user the optimal SSI-based charging and parking experience.
“The AI agent framework is a powerful and versatile tool with a lot of potential for use in anything involving smart infrastructure and enabling new economic opportunities. We are very excited to see AI agents streamline the charging and parking experience for IAA visitors. ” says Maria Minaricova, Director of Business Development at Fetch.ai.
The Saarland University of Applied Sciences (Hochschule für Technik und Wirtschaft des Saarlandes, htw saar), a leading German university and research center for applied sciences, is deeply involved in the moveID R&D efforts. It sponsors the hardware for the live demo, including first and foremost one of the two electric vehicles, a Tesla Model X, that the visitors will be able to take for a test drive as part of the display, as well as a special hardware set which enables V2X communication and SSI.
“Europe is leading the way on data privacy, and moveID has the potential to extend this lead into the connected infrastructure space by putting self-sovereign data and identities at its foundation. We are proud to be enabling this on the technical level with Information Communication Technology,” says Niclas Wolniak, Research Manager at htw saar.
51nodes, a Web3 software integration company, is implementing the full workflows involving Self-Sovereign Identities and verifiable credentials and their exchange among vehicles and service providers. On the backend side, the walt.id SSI framework is used for realizing decentralized identities and wallets. The SSI workflows will enable the use of verifiable driver credentials for booking parking slots during the live demo.
"In this prototype development, we are using the existing SSI technologies to demonstrate their technical feasibility, better assess their capabilities, and identify potential for improvement. In addition, collaboration with the different partners in moveID is a very exciting task for us," says Jochen Kaßberger, Managing Director and co-founder of 51nodes.
