News
peaq will co-create the standards and infrastructure for the future of mobility as part of Gaia-X 4 Future Mobility moveID project, with an overall size of more than €20 million, by Gaia-X, the European Association for Data and Cloud. The three-year project brings together top industry players to build a sovereign digital infrastructure enabling secure, connected, and open mobility, with peaq, which is built on Substrate and will run for Polkadot and Kusama parachains, contributing its layer-1 blockchain to moveID.
Leonard Dorlöchter, co-founder of peaq, said: “Mainstream adoption of decentralized digital infrastructure requires bold steps, and we see the standards set by Gaia-X as a powerful alternative to Big Tech. This framework will enable a more equitable distribution of value and power between individuals, organizations, and the machines that generate value. We are sure that peaq’s contributions as one of the two blockchain infrastructure projects directly involved in moveID will support Gaia-X in its wider vision, as well as further peaq’s own vision: to power a decentralized Economy of Things that works for the world.”
Siddharth Singhal, Director of Enterprise at Parity Technologies, the organization behind Polkadot and Kusama, added: “Web3-enabled platforms will play a crucial infrastructure role as we build the future of the IoT industry. We are proud to see Polkadot playing a crucial role serving pan-EU citizens via moveID partners and expect greater Web3 adoption in this vast industry.”
peaq will conduct intense research and development within the project. As one of the two layer-1 blockchains directly participating in the project, peaq will further build up its network and digital infrastructure in line with the co-created requirements and standards, aiming to grant Gaia-X’s moveID the perfect infrastructure for decentralized mobility applications. peaq will also provide and further develop its Modular DePIN Functions – peaq ID (Self-Sovereign Machine Identities), peaq access, and peaq pay – and enable collaboration and interoperability with the Polkadot, Ethereum, and Cosmos ecosystems for other Web3 consortia collaborators in Gaia-X.
Besides peaq, other project participants include Bosch, Ocean Protocol, Airbus, Continental, Fetch.ai, Materna, Denso, WOBCOM, ecsec, htw saar, Atos, Chainstep, ZU, Datarella, 51nodes, ITK, DLR, and deltaDAO. The project will feature a strong Web3 component with contributions from leading projects in the space:
Peter Busch, Product Owner for Distributed Ledger Technologies (Mobility) at Bosch, said: "Web3 technologies offer a promising digital foundation for future mobility solutions. With moveID, we are setting the foundation for a hyper-connected mobility infrastructure by leveraging self-sovereign device identities and decentralized data sharing to enable hundreds of potential use cases. We are thrilled to be exploring this exciting prospect side by side with some of the leading projects in the decentralized space such as Fetch.ai, peaq, Ocean Protocol, Datarella, 51nodes, and Chainstep."
In addition to participating in the Gaia-X moveID project, peaq recently joined MOBI (Mobility Open Blockchain Initiative), the largest blockchain-focused mobility consortium. Leveraging peaq’s expertise, MOBI aims to build the new economy of movement, and brings together many of the world’s largest mobility manufacturers and suppliers such as BMW, Ford, GM, Renault, IBM, Hitachi, and ZF, as well as startups, governments, NGOs, transit agencies, insurers, toll road providers, smart city leaders, and technology companies to create Web3 standards and build Web3 mobility solutions.
We’re hiring across the board, from engineering to communications. Join us in building the Economy of Things.
Are you interested in building a dApp for vehicles, robots, devices and other machines? Get inspired, get funded, and start building today.
Want to stay in the loop? Visit our website and join the conversation on our channels.