Peaq

About Peaq token

Peaq is a machine economy owning Blockchain system that builds and manages decentralized, permissionless networks known as DePINs. It caters to use cases on energy, mobility, and even connectivity infrastructure. The vision is to build a big framework through which IoT devices, vehicles, and other autonomous machines can function in a fully decentralized environment. Another reason that makes Peaq special is its Modular DePIN Functions. This permits developers to custom tailor their applications as they see fit through building blocks which is a first in the industry. Heaving Eco-cornerstone and Social Purpose of the project, Peaq optimizes for environmental impact while ensuring scalability, and proudly supports over 100k transactions per second due to their Elastic Scaling and Agile Core Time frameworks. Their ecosystem is one of the fastest evolving ecosystems adopted by numerous applications for diverse industry sectors and is showcasing the usefulness of the technology in real life. This is also the reason why Peaq can support very advanced use cases such as Silencio for noise pollution monitoring and navigation application MapMetrics.