Datarella Partners With Economy of Things Network peaq

Michael Reuter

31 October 2022

Datarella has partnered with peaq, an Economy of Things network. The partnership will focus on leveraging both organizations’ vast expertise with real-world blockchain use cases to build decentralized applications and tools for the mobility space. It builds up on the momentum of the ongoing collaboration between the two parties within the €20+ mln. Gaia-X 4 Future Mobility moveID project.

A fragmented digital backbone remains a key stumbling block for the mobility industry as it works to transform itself for the era of data-driven business models. Besides various issues such as siloed electrical vehicle charging services or lacking integrations into larger smart infrastructures, the mobility space also often over-relies on the established Web2 tech platforms, putting its own evolution on a flawed foundation. Gaia-X, a pan-European consortium group bringing more than 300 companies and research institutions together, works to create a fairer, better alternative to Web2 cloud services. Its 4 Future Mobility moveID project, led by Bosch and involving a vast array of top industry names and leading Web3 projects, focuses on standards and infrastructure for Self-Sovereign Identities (SSIs) for the mobility space.   

“Fragmentation has been a key stumbling block on the path towards the digitalization of mobility and transportation,” says Michael Reuter, CEO and co-founder of Datarella. “This makes for a clear-cut blockchain use case with a focus on real-world services, value, and sustainability. We are happy to collaborate with peaq and other moveID members to power this transformation with our Web3 know-how.”

Working together as part of the moveID project, peaq and Datarella will collaborate on various aspects of building the standards and digital infrastructure for mobility-focused SSIs. peaq and Datarella will also work on enabling Web3 use cases related to the moveID project, including Self-Sovereign Machine IDs, peer-to-peer transactions, and decentralized marketplaces for mobility services and data.

“Reclaiming our data and identity sovereignty is crucial for the future of mobility in Europe and beyond,” says Leonard Dorlöchter, co-founder of peaq. “Blockchain has a lot to offer to the transportation industry, including smoother interoperability, more privacy, and entire new business models. We are thrilled to be working toward this with Datarella and other consortium members such as Bosch, Continental, and Airbus.” 

About peaq

peaq is the Web3 network powering the Economy of Things (EoT) on Polkadot, the most environmentally-friendly blockchain network. peaq enables entrepreneurs and developers to build decentralized applications for vehicles, robots, and devices, while empowering users to govern and earn as connected machines provide goods and services. Together with leading consortia, including Gaia-X and MOBI, peaq is co-creating the standards that will power the future of mobility and other connected industries while working to democratize abundance in the Age of Automation.