Key Takeaways
- Decentralizing Mobility Data Collection: The partnership between peaq and 2blox marks a significant step in decentralizing the collection of mobility data. By outfitting AI-powered cameras with self-sovereign peaq IDs, the collaboration empowers individuals to contribute real-time traffic insights while maintaining data privacy.
- Cryptocurrency Incentives for Data Sharing: 2blox introduces a novel approach by offering cryptocurrency incentives for sharing local traffic data through its AI-powered cameras. This incentive mechanism not only enhances the accuracy of mobility data but also engages the community in actively participating in data collection.
- Integration of Web3 and AI: This collaboration showcases the convergence of Web3 technology and AI-powered devices. By harnessing peaq’s layer-1 network and machine-specific functions, 2blox’s smart cameras can seamlessly connect to the peaq ecosystem, fostering rapid integration and scalability.
- Fair Rewards and Urban Planning: The combination of 2blox’s AI devices and peaq’s distribution mechanism for network fees ensures that individuals are incentivized for their valuable contributions, ultimately benefiting urban planners, emergency services, and marketers in making informed decisions.
In an era defined by unprecedented urbanization and rapid technological advancement, the significance of mobility data has grown exponentially. As cities continue to expand and evolve, the ability to gather real-time insights into traffic patterns, pedestrian movement, and transportation trends has become a cornerstone of effective urban planning, smart infrastructure development, and informed decision-making. Amid this landscape, a groundbreaking collaboration is shaping the way we perceive and harness mobility data, propelling us towards a more connected and responsive future.
The peaq network, a Web3 platform driving the Economy of Things, has revealed an expansion of its ecosystem with the inclusion of 2blox, a project aimed at decentralizing the collection of mobility data. 2blox is focused on creating a decentralized physical infrastructure network (DePIN) comprised of AI-powered cameras that track pedestrians and various forms of transportation on roads.
The integration involves equipping these cameras with self-sovereign peaq IDs. This allows the development of a decentralized application (dApp) on the peaq network, enabling smart camera owners to monetize the data they gather.
2blox enhances the crowdsourced mobility data mechanism by introducing cryptocurrency incentives for the community to share local traffic data using their AI-powered cameras.
The MOBI1 sensor, stationed at homes to monitor real-time traffic, and the upcoming MobiGo mobile app, which gamifies data collection through snapshots, form part of 2blox’s offerings. Notably, these devices maintain anonymity and avoid transmitting sensitive data.
As 2blox integrates its DePIN with peaq as the foundational layer-1 infrastructure, it plans to leverage peaq’s core functions for its backend and business logic. Initially, its proprietary smart cameras will be outfitted with self-sovereign peaq IDs, enabling rapid connection and integration with the peaq network and the 2blox dApp.
2blox also intends to develop and implement smart contracts that power the tokenomics of its DePIN on peaq’s Ethereum Virtual Machine chain. Subsequently, the project will launch its dApp on peaq, featuring device management capabilities and automated rewards for users. This initiative aligns with peaq’s fee distribution mechanism, which shares a portion of network fees among connected devices.
Founder of 2blox, Rémy Gierech, emphasized the value of crowdsourcing data while fairly rewarding contributors, a strategy enabled by peaq’s machine-specific functions and tokenomics.
peaq’s co-founder, Till Wendler, praised 2blox’s approach, which taps into the rising importance of AI-driven data platforms and balances proven demand with equitable rewards.
peaq, set to launch as a Polkadot parachain in early 2024, is a layer-1 network, while its sibling network krest is already operational on Kusama.
This announcement follows 2blox becoming the third DePIN to integrate with peaq in the summer of 2023, succeeding Brainstem, a Web3 health platform, and ELOOP, a tokenized Tesla-sharing service.
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