Blockchain data infrastructure provider Synternet has announced that it has added peaq’s network to its flagship Data Layer. peaq is a layer-1 blockchain designed to be the go-to backbone for DePIN and Machine RWAs. It will make peaq’s on-chain data, including transactions and dataflows from real-world dApps, available as a stream of live data on its decentralized network. The integration will enable developers to build dashboards, advanced analytical tools, and machine learning apps, and leverage events-based architecture in the Economy of Things on peaq.
Event-driven applications respond to specific events — anything from a mouse click to a program launching or a specific variable hitting a target value — with a predefined set of actions. In the Economy of Things on peaq, comprising multiple decentralized physical infrastructure networks, this architecture can enable a wide array of prospective use cases. A navigation dApp responding to traffic congestion by rerouting vehicles to alternative paths, a power grid management app engaging extra capacities in peak hours, an environment monitoring app tapping data from multiple DePINs to flag negative trends — all of that and more is possible with a readily-available live data flow for the app to listen to.
Synternet’s integration with peaq will provide builders with a customizable stream of peaq’s on-chain data that they can leverage to run analytics and data visualizations and build versatile event-powered dApps. To this end, Synternet is adding peaq as a Publisher on its Data Layer — a distributed network of nodes whose job is to provide data streams for Subscribers. When tapping peaq’s stream, Subscribers can customize the flows in line with their specific needs, from keeping tabs on transactions to reviewing data from specific DePINs. This way, they can build dApps that respond to specific events on the network.
“peaq’s vision of bringing Web3 into the real world has unbound potential, and unlocking this potential in full takes advanced data streaming tools,” says Jonas Simanavicius, CTO at Synternet. “We are excited to bring builders in the peaq ecosystem a versatile and highly customizable data streaming network for DePIN analytics and event-driven dApps. We are certain that it will open the door to a wide variety of innovative projects and use cases in the Economy of Things on peaq.”
“Synternet’s capabilities add a versatile and powerful tool for data streaming for anyone in the ecosystem to leverage,” says Till Wendler, co-founder of peaq. “We are certain the integration will bring a lot of value to DePINs building on peaq and are excited to see the novel applications that it will power.”
About peaq
peaq is leading a global infrastructure revolution, empowering people to own and earn from mobility, energy, connectivity, environment, agriculture, and digital infrastructure. peaq is a layer-1 blockchain designed to be the go-to backbone for DePINs (real-world apps). It is home to more than 20 applications in 8 industries and to the 250,000+ devices, vehicles, machines and robots (Machine RWAs) that run on them. peaq serves as permissionless, borderless digital infrastructure for increasingly intelligent machines to serve all of humanity – the 100%, not just the 1% – democratizing abundance in the Age of AI and job automation.
About Synternet
Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
This post was last modified on May 08, 2024, 15:00 BST 15:00