peaq

peaq is a Layer-1 blockchain designed to support the Machine Economy, where machines, devices, robots, and AI systems can autonomously interact and transact on-chain. The company focuses on enabling Decentralized Physical Infrastructure Networks (DePINs) and integrating Real World Assets (RWA) within a framework they call the Economy of Things (EoT). Founded by Wendler, Dorlochter, and Thake, peaq emerged from EoT Labs, which aimed to address the limitations of existing infrastructures for IoT applications. The platform features a compute and coordination layer that emphasizes scalability and security, facilitating seamless machine-to-machine interactions.