peaq Strategic Partnership With OceanProtocol
peaq Strategic partnership with OceanProtocol
peaq strategic partnership with OceanProtocol, the Web3 platform to unlock data services for AI and business innovation. Through the partnership, peaq links the economy of machine-generated goods and services with Ocean Protocol’s data marketplace and delivers a robust data monetization toolkit for builders creating decentralized applications on the peaq network.
Partnership
The partnership follows the collaboration between the two organizations at the Mobile Open Blockchain Initiative (MOBI) and the Gaia-X 4 Future Mobility moveID project, both of which are focused on building the Web3 infrastructure for the future of mobility. Early efforts in the partnership will focus on delivering moveID-focused applications.
peaq’s Self-Sovereign Machine Identities
This involves leveraging peaq’s Self-Sovereign Machine Identities (SSMIs) and Ocean’s data monetization technology to power a vast array of mobility-related opportunities such as the monetization of road condition data. This will be ensured by integrating essential components of Ocean’s technology like Compute-to-Data and data-pricing mechanisms to build a system architecture that ensures a seamless exchange of information between providers and customers of mobility applications. peaq’s Minimal Viable Gaia-X portal, which enables users to publish and monetize their data in the peaq network leveraging Ocean’s technological stack, is already up and running via the partnership with deltaDAO AG.
About Ocean Protocol
Ocean Protocol a decentralized data exchange platform spearheading the movement to unlock a new Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be publish, discover, and consume in a secure, privacy-preserving manner. By giving power back to data owners, Ocean resolves the tradeoff between using private data and its public exposure.
About Peaq
Peaq the Web3 network powering the Economy of Things. Peaq enables people to build decentralized applications (dApps) for vehicles, robots and devices. While empowering dApp builders and dApp users to govern & earn from machines providing goods & services to people & other machines.
