Synternet Integrates peaq’s Network for Enhanced Data Analytics

Synternet, a leading blockchain data infrastructure provider, has bolstered its Data Layer by seamlessly integrating peaq’s network. peaq, renowned as a foundational layer-1 blockchain, is specifically engineered to support DePIN and Machine Real World Assets (RWAs).

Facilitating Live Data Streams

This integration enables access to peaq’s on-chain data, including transaction specifics and data flows from operational decentralized applications (dApps), within its decentralized framework. Developers now have access to live streams of crucial data, facilitating the development of sophisticated dashboards, advanced analytics, and machine learning applications.

Event-Driven Architecture for Innovation

The event-driven architecture offered by Synternet and peaq is pivotal within the decentralized landscape of the Economy of Things. This framework supports applications such as navigation dApps adjusting routes based on real-time traffic data, power grid management apps optimizing capacity during peak periods, and environmental monitoring apps identifying adverse trends using data from diverse sources.

Customizable Data Streams

Synternet’s Chief Technology Officer, Jonas Simanavicius, highlights the versatility of peaq’s vision in bringing Web3 into the real world. The customizable data streaming network enhances developers’ capabilities in DePIN analytics and event-driven dApps, fostering innovation and unlocking boundless potential.

Broadening Value Proposition

Till Wendler, co-founder of peaq, underscores the significant value Synternet brings to the ecosystem through its versatile data streaming capabilities. This integration is poised to fuel novel applications and projects within the Economy of Things on peaq, further enriching the blockchain landscape.

Empowering Sectors Through Digital Infrastructure

peaq is spearheading a global infrastructure revolution, empowering stakeholders in sectors like mobility, energy, and agriculture with tools to own and earn from their resources. With support for over 20 applications across eight industries and vital connections to more than 250,000 devices, peaq serves as a cornerstone in advancing intelligent machine capabilities amidst the age of AI and automation.

Staying Informed and Engaged

For comprehensive insights into peaq’s offerings and ongoing developments, interested parties are encouraged to visit the peaq website, follow peaq on social media platforms such as Twitter, and participate in community discussions on Discord. These resources provide continuous updates on peaq’s efforts to democratize technology in the era of AI and job automation.

Synternet’s Role in Blockchain Ecosystem

Synternet’s status as a blockchain entity powering interoperable data infrastructure across major blockchain networks positions it as a pivotal player in the ecosystem. Its Data Layer serves as a customizable execution layer, empowering developers to craft specialized applications that can operate on data from any chain, thereby facilitating broad-scale data integration and application development.

Strategic Partnership for Enhanced Solutions

The strategic collaboration between Synternet and peaq not only augments developers’ capabilities but also expands the potential for blockchain technology to revolutionize various sectors by delivering robust, real-time data solutions.

In summary, the integration of peaq’s network into Synternet’s Data Layer signifies a significant advancement in data analytics capabilities, empowering developers to drive innovation and transformation across diverse industries within the Economy of Things.