Peaq Joins the €20M+ Gaia-X 4 Future Mobility moveID Project Alongside Bosch, Airbus, Continental, And Top Web3 Projects | peaq Leonard Dorlöchter, co-founder of peaq: “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.” Ocean Protocol deltaDAO AG CHAINSTEP GmbH 51nodes Fetch.ai Network Datarella Parity Technologies Director of Enterprise Siddharth Singhal: “Web3-enabled platforms will play a crucial infrastructure role as we build the future of the IoT industry.” Peaq is working side by side with leading industry names including Bosch, Airbus, and Continental as well as some of the top projects in the #Web3 space to co-create the standards for a decentralized digital identity for the mobility sector. Interested in hearing industry leaders discuss subjects like this? Attend the co-located 5G Expo, IoT Tech Expo, Blockchain Expo, AI & Big Data Expo, and Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London, and Amsterdam.We are proud to be setting the standards for the future of #mobility in Europe as part of moveID the €20M+ Gaia-X Association for Data and Cloud (AISBL) mobility project. Companies like Bosch can take advantage of the exciting potential offered by both DLTs to gain a competitive edge. Bosch later patented an IOTA-based digital payments system and recently financially supported a hackathon for the DLT platform which uses a scalable DAG (Directed Acyclic Graph) data structure called the ‘Tangle’ in a bid to overcome some of the historic problems with early blockchains.įetch.ai and IOTA are in the same space but have different goals, it’s not a choice of one or the other. The venture capital arm of Bosch, Robert Bosch Venture-Capital, invested in the IOTA Foundation. The company’s roster features talent with experience from DeepMind, Siemens, Sony, and a number of esteemed academic institutions.īosch has long expressed a keen interest in distributed ledger technologies and established multiple industry partnerships. We’re looking forward to working further with Bosch to bring about the wide adoption of these ground-breaking innovations, which will hugely benefit consumers and businesses in many industries including automotive, manufacturing, and healthcare.”įetch.ai is working on decentralised autonomous “agents” which perform real-world tasks.īosch is attracted to Fetch.ai’s vision of collective learning technologies and believes it can be a key enabler in their plans for AI-enabled devices-allowing AI agents to be trained which operate within smart devices while preserving users’ privacy and control of their data.įetch.ai’s vision is bold but it has the team and partnerships to pull it off. I’m delighted to be able to announce the first public step in bringing these technologies into the real world. “We have been working with Bosch for some time towards our shared vision of building open, fair, and transparent digital ecosystems. Jonathan Ward, CTO of Fetch.ai, commented: The company has been ramping up announcements in advance of the mainnet launch and just last week announced a partnership with FESTO to launch a decentralised marketplace for manufacturing.Īfter the mainnet launch, Bosch intends to run nodes and applications on Fetch.ai’s blockchain network. They share our belief that these elements are crucial to realising the economic, social, and environmental benefits of IoT technologies.”įetch.ai’s testnet launched in October 2020 and the firm is now gearing up for its mainnet launch in March. “Our collaboration with Fetch.ai spans from the aspects of governance and orchestration of DLT-based ecosystems, multi-agent technologies to collective learning. The strategic engineering project between Fetch.ai and Bosch is called the Economy of Things (EoT).ĭr Alexander Poddey, the leading researcher for digital socio-economy, cryptology, and artificial intelligence in the EoT project, said: The global engineering giant will test key features of Fetch.ai’s testnet until the end of this month and will deploy a node on the network. Bosch has partnered with Cambridge-based AI blockchain startup Fetch.ai with the aim of transforming existing digital ecosystems using distributed ledger technologies (DLTs).
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