Integrating peaq as a publisher on its data layer unlocks the development of event-driven applications that solve real-world issues such as Web3 traffic management, power grid optimization, and advanced analytics.
In an announcement this Wednesday, Synternet, a blockchain that powers modular, interoperable data infrastructure across all major chains, confirmed the integration of peaq, a Layer 1 blockchain powering DePINs and machine learning, as a Publisher on its Data Layer. The integration will see peaq share its on-chain data, including transactions and dataflows from real-world dApps, on Synternet as live data available to its users.
By leveraging peaq’s on-chain data, developers on Synternet can build data-oriented applications such as dashboards, and advanced analytical tools and supplement their machine-learning apps. More importantly, developers can leverage the events-driven architecture that peaq offers in its Economy of Things.
peaq aims to provide a global blockchain-based infrastructure that will power decentralized physical infrastructure networks (DePINs), AI and machine learning across various economic sectors. The integration to Synternet will further this vision of applying Web 3 solutions to real-world use cases as Synternet “unlocks advanced data streaming tools” for the platform, as Jonas Simanavicius, CTO at Synternet, explained on launching peaq as a Publisher.
“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,” Simanavicius added. “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.”
Enhancing the Economy of Things on peaq
As mentioned above, peaq consists of an event-driven applications infrastructure that allows applications to respond to specific events, following a predefined set of actions. Housed in its Economy of Things ecosystem, developers can leverage the events-driven architecture to create a wide array of real-world use cases.
For example, developers have built a navigation DApp that responds to traffic congestion by rerouting vehicles to alternative paths, a power grid management app engaging extra capacities in peak hours, and an environment monitoring app tapping data from multiple DePINs to flag negative trends. This shows the potential of integrating peaq into the Synternet ecosystem, as developers can innovate and create revolutionary event-driven apps using the former’s data.
“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.”
Adding to its event-driven architecture, the integration will also provide developers with a customizable stream of peaq’s on-chain live data. They can leverage the data to run analytics and data visualizations, allowing them to build versatile and innovative futuristic solutions. As a Publisher, peaq will act as one of Synternet’s nodes, providing Subscribers with live data streams. This allows subscribers to customize the flow of data to meet their specific needs, allowing them to build out solutions to specific real-world problems.
Image: Synternet x peaq
