peaq operates as a Layer 1 blockchain specifically optimized for Decentralized Physical Infrastructure Networks (DePINs) and Machine Real World Assets (RWAs). It utilizes advanced technologies like parallelized block production to achieve scalability of over 100,000 transactions per second. The platform also supports EVM and WASM smart contracts, providing developers with flexibility to build decentralized applications efficiently.

Is peaq a secure platform?

Yes, peaq emphasizes security through its decentralized architecture and robust governance mechanisms. It utilizes advanced cryptographic techniques and role-based access control to ensure that only authorized users can interact with the network. Additionally, the platform's integration with Polkadot enhances its security by leveraging the shared security model of the Polkadot ecosystem.

To use peaq, developers can start by accessing the SDK, which offers essential functionalities for building DePINs and decentralized applications. They can create smart contracts using familiar programming languages like Solidity or Rust and deploy them seamlessly on the network. Users can also engage with the platform through various wallets and interfaces that support cross-chain interactions.

What services does peaq offer?

peaq provides a comprehensive suite of services tailored for developers and users in the Economy of Things (EoT). These include modular DePIN functions such as self-sovereign machine IDs, data verification, and payment processing capabilities. Additionally, it offers tools for creating Machine NFTs, enabling users to monetize their machines while participating in a decentralized economy.

peaq Foundation Ltd.

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FAQ

How does peaq work?
peaq operates as a Layer 1 blockchain specifically optimized for Decentralized Physical Infrastructure Networks (DePINs) and Machine Real World Assets (RWAs). It utilizes advanced technologies like parallelized block production to achieve scalability of over 100,000 transactions per second. The platform also supports EVM and WASM smart contracts, providing developers with flexibility to build decentralized applications efficiently.
Is peaq a secure platform?
Yes, peaq emphasizes security through its decentralized architecture and robust governance mechanisms. It utilizes advanced cryptographic techniques and role-based access control to ensure that only authorized users can interact with the network. Additionally, the platform's integration with Polkadot enhances its security by leveraging the shared security model of the Polkadot ecosystem.
How to use peaq?
To use peaq, developers can start by accessing the SDK, which offers essential functionalities for building DePINs and decentralized applications. They can create smart contracts using familiar programming languages like Solidity or Rust and deploy them seamlessly on the network. Users can also engage with the platform through various wallets and interfaces that support cross-chain interactions.
What services does peaq offer?
peaq provides a comprehensive suite of services tailored for developers and users in the Economy of Things (EoT). These include modular DePIN functions such as self-sovereign machine IDs, data verification, and payment processing capabilities. Additionally, it offers tools for creating Machine NFTs, enabling users to monetize their machines while participating in a decentralized economy.

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