General

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

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our General category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!