What is peaq (PEAQ) used for?

peaq (PEAQ) is used primarily for enabling and managing the Economy of Things (EoT). Its primary use cases include: * **Machine Identity and Authentication:** Ensuring secure identification and authentication of devices within the IoT network. **Decentralised Applications (dApps):** Facilitating the development and deployment of dApps that support various IoT functionalities. * **Data Exchange:** Allowing secure and efficient data exchange between devices, enhancing data privacy and security. * **M2M Transactions:** Enabling seamless transactions between machines, which can include payments, data sharing, and service provision. * **Asset Management:** Managing and tracking digital and physical assets within the IoT ecosystem.

peaq

PEAQ

#250

$0.02993($0.00)

Key Stats

Market Cap$75.73M

Volume (24h)$1.97M

Fully Diluted Value$133.07M

Vol/Mkt Cap (24h)2.60%

Total Supply4.45B PEAQ

Max Supply∞

Circulating Supply2.53B PEAQ

Launch Date2024-03-30

peaq Information

Websites

www.peaq.network

Block Explorers

peaq.subscan.io

Supported Standards

ERC-20

Industries

Platform

peaq Price Converter

PEAQ

USD

Loading chart...

Latest peaq News

View all

peaq Markets

View all

Instrument	Exchange	Benchmark Data	Price	24h Change
PEAQ-USDT PEAQUSDT_SPBL	bitget	BB	0.03013USDT	2.73%
PEAQ-USDT PEAQ_USDT	gateio	A	0.03014USDT	2.73%
PEAQ-USD PEAQUSD	kraken	AA	0.03011USD	2.83%
PEAQ-USDT PEAQ-USDT	kucoin	BB	0.03019USDT	2.93%
PEAQ-EUR PEAQEUR	kraken	AA	0.02615EUR	2.99%

About peaq

peaq (PEAQ) is a blockchain platform designed to support the Economy of Things (EoT) by facilitating secure and efficient machine-to-machine (M2M) transactions. Its key uses include machine identity authentication, dApp deployment, data exchange, and asset management within the IoT ecosystem. The project is developed by peaq GmbH, a Berlin-based company led by a team of blockchain and IoT experts.

Frequently Asked Questions

peaq (PEAQ) is a blockchain platform focused on enabling the Economy of Things (EoT). It aims to provide a secure and efficient infrastructure for connecting devices, machines, and vehicles, facilitating machine-to-machine (M2M) transactions. The platform leverages decentralised technology to enhance the interoperability, security, and efficiency of IoT networks. peaq operates on a blockchain network, allowing for the creation and deployment of decentralised applications (dApps) that support various use cases within the IoT ecosystem.

peaq (PEAQ) is used primarily for enabling and managing the Economy of Things (EoT). Its primary use cases include:

Machine Identity and Authentication: Ensuring secure identification and authentication of devices within the IoT network.

Decentralised Applications (dApps): Facilitating the development and deployment of dApps that support various IoT functionalities.

Data Exchange: Allowing secure and efficient data exchange between devices, enhancing data privacy and security.
M2M Transactions: Enabling seamless transactions between machines, which can include payments, data sharing, and service provision.
Asset Management: Managing and tracking digital and physical assets within the IoT ecosystem.

peaq (PEAQ) was created by a team of blockchain and IoT experts. The project is backed by peaq GmbH, a company focused on developing blockchain solutions for the Economy of Things. The leadership team includes co-founders Till Wendler, Leonard Dorlöchter, and Max Kantelia, who bring extensive experience in blockchain technology, IoT, and business development. The company is headquartered in Berlin, Germany, and collaborates with various industry partners to advance its platform.