Peaq and UAE bet on tokenized machines to power future economy


Peaq and UAE bet on tokenized machines to power future economy


The UAE Machine Economy Free Zone envisions a world where tokenholders receive a share of the revenue from machine-economy activities.

Layer-1 blockchain peaq and the Pulsar Group have launched a dedicated sandbox in the United Arab Emirates aimed at exploring the integration of robotics and AI within a decentralized economy.

The organizations have created a Machine Economy Free Zone in Dubai, combining regulation, infrastructure and investment to advance decentralized, machine economy-specific use cases. 

The initiative is designed to provide developers, businesses and government stakeholders with a controlled environment to test and develop machine economy applications, including decentralized physical infrastructure (DePIN) networks. 

Read more



Source link