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Home»Blockchain»Peaq Network joins Synternet as exclusive data publisher
Blockchain

Peaq Network joins Synternet as exclusive data publisher

2024-05-10No Comments3 Mins Read
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The L1 blockchain Synternet, which powers interoperable and modular data infrastructure in large chains, has announced a new partnership. According to the platform, peaq, a multi-chain L1 blockchain dealing with Real-World Machine assets and DePIN applications, is joining Synternet as an exclusive data publisher. Synternet went to X to unveil this unique integration.

Announcing a new publisher – @peaqnetwork 👾

Starting today, builders can leverage peaq’s Agung Testnet data streams and start building tomorrow’s real-time #DePIN and Machine #RWA applications 🏔

Read the full details here 👇https://t.co/JWisLIQ1jK

— Synternet (@synternet_com) May 8, 2024

Synternet incorporates Peaq Network as its newest data publisher

The platform noted in its X-post that developers will be able to leverage peaq as a result of the latest partnership. In this regard, they can leverage peaq’s testnet-based data streams. This allows the builders to develop Machine RWA and DePIN applications. In addition, Synternet shared a blog post detailing the platform’s latest efforts.

In the post, the company announced that peaq will provide the services of a data publisher. After integrating peaq, the platform’s resilient DePIN ecosystem delivers live data. Therefore, the developers can use it to bring innovation to the Web3 sector and increase its adoption in the real world. Synternet added that it welcomes peaq’s data feed on its Data Layer Portal.

According to the company, it is promoting real-world app developers to use blockchain data with this integration. The development reportedly shows the crucial significance of decentralized and accessible data in promoting DePIN and so on. After integration, builders on peaq can access a broad reservoir of multi-chain data. This accelerates this with fast and customizable data feeds without the need for separate nodes.

See also  Nokia patents technology for encrypting digital assets

The integration provides real-time data to the DePIN developers

This remarkable data integration empowers developers to build real-world applications and expands the data capabilities of DePINs. In addition, Synternet drives the growth of the DePIN ecosystem by providing customizable data triggers and filters. This optimizes the data utility to facilitate the developers. The respective adjustable and versatile instrument also reduces entry barriers for developers.

Since peaq’s data streaming is now live, developers can immediately tap into the peaq ecosystem-based real-time feed. It enables the innovators and developers to expand the capabilities related to Web3 and DePIN to revolutionize device management. The integration gives the developers access to a varied tool that allows them to create various decentralized apps without the need for lengthy data onboarding.

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Data Exclusive Joins Network peaq Publisher Synternet
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