In a significant step toward advancing Web3 capabilities, peaq, the blockchain for real-world applications, welcomes AYDO to its growing ecosystem.
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AYDO, a breakthrough platform that enables the connection of smart devices, will connect its infrastructure to peaq and provide a privacy-first environment for the Internet of Things (IoT). This partnership positions AYDO to become a formidable tool for decentralized physical infrastructure networking (DePIN) on peaq, giving users a versatile tool for IoT networking.
AYDO’s platform allows IoT devices from different vendors to communicate and share data on supported blockchains. By integrating with peaq, AYDO enables seamless collaboration between diverse connected devices on a privacy-focused Web3 platform.
The integration transforms AYDO into a powerful tool for DePIN, contributing to the growth of a decentralized and interconnected IoT ecosystem.
The global smart home market, which is expected to cross $680 million by 2030, is witnessing an increase in the number of connected devices.
However, traditional Web2-based smart homes raise privacy concerns as technology companies collect extensive private data. AYDO addresses this by offering a Web3 alternative for managing IoT devices. Using the ZigBee protocol, it supports more than 3,000 devices, allowing smart home owners to set up and monitor their devices on a privacy-first platform.
The partnership with peaq introduces AYDO-powered IoT apps into the Economy of Things, unlocking diverse use cases. AYDO enables smart sensors to generate behavioral evidence, enabling applications such as next-gen Airbnb stays, private carbon credits and more.
AYDO will allow users to create self-sovereign peaq IDs for their devices, set up decentralized data storage mechanisms, and set user reward rules. Mobile apps for Android and iOS will improve user accessibility, making device setup and monitoring easy.
“AYDO gives people back control over this data.”
Oleksandr Markin, CEO of AYDO
The integration aligns with peaq’s focus on IoT requirements, promoting synergy between the two projects.
Till Wendler, co-founder of peaq, highlighted the value that AYDO brings to the peaq ecosystem, saying: “This integration provides a major boost to the DePINs that build on peaq, giving them a versatile tool to connect millions of devices with living and breathing networking.”
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About peak
peaq is a leading blockchain for real-world applications, offering a layer 1 blockchain for decentralized applications (dApps) and decentralized physical infrastructure networks (DePINs). The innovative approach transforms connected devices into dynamic, real-world assets, promoting fractional ownership and creating real value as part of the Economy of Things. peaq works with leading consortia to co-create the future of smart mobility, energy, connectivity and other real-world industries.
About AYDO
AYDO is a groundbreaking universal IoT to Web3 bridge, connecting devices from various vendors using different protocols. AYDO allows users to own, control, and seamlessly stream data from their devices to supported blockchains. Working with major Decentralized Physical Infrastructure Networks (DePINs) blockchains, AYDO aims to promote universal cross-chain connectivity for IoT devices, marking a new era of ownership, privacy and rewards in the decentralized web.