Compute-to-data Archives

The Convergence of AI and Web3: MOBIX Park & Charge at IAA Mobility 2023

by SPR | 25 August 2023 | Autonomous Agents, Blockchain, Events, Featured, moveID, Partnerships, SSI

The Convergence of AI and Web3 in Decentralized Mobility Solutions

As noted by the venture capital firm Andreessen Horowitz, AI and Web3 are converging technologies that leverage decentralized networks, self-sovereign identities (SSI), autonomous agents, and machine learning. These innovations enable new business models and streamline business processes, particularly in the realm of decentralized mobility solutions. A crucial success factor lies in integrating these technologies with existing business processes. Collaboration between innovative AI and Web3 startups and established industry leaders is essential for driving impact and fostering innovation.

At IAA Mobility, AI and Web3 startups collaborate with industry players and universities in the moveID consortium. They are showcasing a state-of-the-art smart city solution called MOBIX Park & Charge. To meet the project’s goals, positioning innovative cutting-edge solutions is vital. These solutions leverage data to redefine the technological landscape, heralding a data-driven revolution. The synergistic trio of Fetch.ai, a long-time partner of Datarella, along with peaq and Ocean Protocol as moveID partners, is making significant strides forward. This initiative is further supported by solution providers and integrators like Datarella, DeltaDAO, 51Nodes, and university teams from htw saar and Zeppelin University.

Fetch.ai: Bridging AI and Blockchain

Datarella partner Fetch.ai seamlessly combines artificial intelligence (AI) with blockchain technology, unlocking new possibilities across various sectors. These possibilities include autonomous machine economies, smart cities, and efficient resource management. The Fetch.ai platform provides a decentralized infrastructure for Microagents capable of executing tasks autonomously.

In the context of MOBIX Park & Charge, Microagents act as bridges between different software components on edge devices. This setup enables autonomous control over various systems, such as traffic lights.

Microagents in Action

Fetch.ai Microagents serve as multifunctional intermediaries. They communicate and initiate processes in external systems, handling complex tasks like:

Managing crypto wallets
Ensuring secure payment transfers
Verifying events
Controlling access to hardware such as gates, traffic lights, and chargers

In essence, Fetch.ai Microagents automate tasks on behalf of human clients, streamlining processes and enhancing efficiency. These functionalities contribute significantly to the development of decentralized mobility solutions.

peaq: Empowering the Economy of Things

As automation surges, the peaq network emerges as a key player in sharing its benefits with everyone. It fosters the Economy of Things by establishing a crucial layer-one blockchain infrastructure for decentralized mobility applications.

Peaq’s technology stack and economic incentives enable the development of applications for machines in this emerging economy. For instance, it powers electric vehicle (EV) charging applications. The peaq token fuels the entire ecosystem, facilitating digital identities for machines and enabling seamless payments.

In MOBIX Park & Charge, peaq allows communication with charging points, using peaq tokens to initiate and pay for EV charging processes.

Ocean Protocol: A New Data Economy

Ocean Protocol aims to unleash its potential for individuals and organizations alike. It empowers secure data sharing (Compute-to-Data), selling, and monetization while ensuring control and privacy. Users retain the power to determine who accesses their data and how it is used.

This establishes a novel paradigm in the data economy, especially for AI models in the mobility sector. In MOBIX Park & Charge, Ocean Protocol integrates its decentralized data marketplace technology. This facilitates sovereign and privacy-preserving data exchange within mobility applications.

Key Components of Ocean Protocol

Key components of Ocean’s data pricing mechanisms include Compute-to-Data and a Gaia-X-compliant Self-Sovereign Identity (SSI) approach. Additionally, Ocean solution provider DeltaDAO collaborates to implement the Ocean Tech Stack. In future versions of MOBIX Park & Charge, the goal is to simplify data sales for IoT devices. These devices will automatically sell data directly on the Ocean Marketplace or through Compute to Data. Fetch.ai agents possess built-in intelligence, allowing IoT devices in cars to decide when and how to post data to the Ocean Marketplace based on traffic situations.

Conclusion: Paving the Way for a Data-Driven Future

The versatile infrastructure of peaq, the automated decision-making capabilities of Fetch.ai’s Microagents, and Ocean Protocol’s sovereign data exchange mechanism synergistically converge to facilitate MOBIX Park & Charge. As we stride toward a data-driven future, these technologies pave the way for decentralized mobility solutions that could profoundly reshape mobility.

Datarella Partners With Ocean – Turning Mobility Data Into Assets

by Michael Reuter | 16 April 2021 | Blockchain

Datarella is joining forces with Ocean Protocol to expand the Open Data Economy. moveID, our first project will be under the umbrella of GAIA-X, the European Association for Data & Cloud, as part of the GAIA-X 4 Future Mobility Project, which aims at bringing cloud applications to autonomous & networked vehicles.

The project’s overall goal will be the creation of a decentralized ecosystem of data & services that allows autonomous & networked vehicles to integrate into smart infrastructures and third-party services, following GAIA-X’s design principles. With mutual trust as its core concept, its stated goal will be achieving data sovereignty.

For Datarella, technology is an instrument to increase the quality of living, by supporting human beings in all kinds of professional and private activities. The growing complexity and diversity of our ecosystem require technological infrastructures that facilitate collaboration and cooperation. By planning, developing and implementing blockchain solutions worldwide, Datarella meets this requirement: in the fields of Finance, Supply Chain, and Mobility, we enable industry participants to join forces and create sustainable, crisis-proof business models. GAIA-X is the perfect environment for true collaboration. – Michael Reuter, CEO of Datarella

Data generated by network actors or Autonomous Economic Agents (AEAs) in the ecosystem can be useful to 3rd parties, and thus has value as an asset. Ocean Market unlocks the value of these by enabling every authenticated user to put their data up for sale and to monetize it. Vehicle data, for example, could be (re)used for traffic analysis for the generation of better traffic models such as optimized traffic light switching.

Different market actors will price data differently, depending on the method of data generation, data quality, and its utility to the potential buyer. Ocean Market allows for dynamic pricing and thus for optimal value generation for data generators and data curators, in a privacy-preserving manner.

This project will use Datarella’s Enterprise Blockchain Solutions, which serve as the foundational, underlying protocol for digital business transformation with converging technologies such as AI and autonomous machines. Datarella’s future mobility solutions are fueled by blockchain technology, real-time decentralized data management, transparency and GDPR compliance. Given the natural synergies between Ocean and Datarella, this partnership is the first of many that will drive enterprise adoption of Ocean Protocol technology in Datarella’s client base.

Our mission is for data to be treated as an asset. By tapping into underutilized data from mobility IoT sensors, AI can uncover mobility patterns and optimize services / reduce waste. Machines can speak to each other and algorithms can make optimizations – all in real-time. Ocean can tokenize mobility data from devices, thereby creating an opportunity for these tokens to be used as instruments in DeFi projects. This is one of the many ways in which we enable data owners to share in the value their data creates. – Razvan Olteanu, COO of Ocean Protocol

Ocean Protocol is a Day 1 Member of GAIA-X Association AISBL, an international non-profit organisation established to achieve the GAIA-X project goals for the development of an efficient, competitive, secure and trustworthy federation of data infrastructure and service providers for Europe – fostering digital sovereignty of European cloud service users.

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About Ocean Protocol
Ocean Protocol’s mission is to kickstart a Web3 Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data to better our world. Data is a new asset class; Ocean Protocol unlocks its value. Data owners and consumers use the Ocean Market app to publish, discover, and consume data assets in a secure, privacy-preserving fashion. Ocean datatokens turn data into data assets. This enables data wallets, data exchanges, and data co-ops by leveraging crypto wallets, exchanges, and other DeFi tools. Projects use Ocean libraries and OCEAN in their own apps to help drive the Web3 Data Economy. The Ocean token is used to stake on data, to govern Ocean Protocol’s community funding, and to buy & sell data. Its supply is disbursed over time to drive near-term growth and long-term sustainability. OCEAN is designed to increase with a rise in usage volume.