peaq, the blockchain for real-world applications, announces the expansion of its ecosystem as AYDO joins to connect smart devices with Web3. AYDO is building a platform that enables Internet of Things (IoT) devices from any vendor to interact with one another and send data to supported blockchains. Integrating with peaq will enable various connected devices to work together on a privacy-first Web3 platform. The integration will turn the AYDO platform into a powerful tool for decentralized physical infrastructure networks (DePIN) on peaq, giving the community a versatile instrument for IoT networking.
The global smart home market is expected to grow to more than $680 million by 2030 as connected devices become more and more ubiquitous in our lives. At the same time, though, a smart home on a Web2 backbone lets tech corporations collect even more private data, studying our daily routines under a microscope.
AYDO is building a Web3 alternative to centralized IoT management platforms. Its platform will enable smart devices, such as sensors, smart lights, smart plugs, and more, to exchange data between one another and send data to any supported blockchain. By leveraging the ZigBee protocol, it will be able to support more than 3,000 devices, enabling smart home owners to set up and monitor them on a privacy-first platform, and offers an alternative to centralized IoT control software.
The integration brings the AYDO-powered IoT apps into the Economy of Things on peaq, enabling a variety of potential use cases. With AYDO, smart sensors can generate proofs of behavior, confirming, for example, that a tenant stuck to the house rules on noise for a set period of time or that a household used a certain amount of green energy. This can work as the basis for next-generation Airbnb stays and rental agreements, private carbon credits, and more.
Besides linking its platform with peaq, AYDO will enable users to create self-sovereign peaq IDs for their devices, and set up the decentralized data storage mechanism and user reward rules. It will also release apps for Android and iOS phones, enabling people to set up and monitor their devices from those, and make the platform compatible with peaq control, peaq’s tool for managing and earning from connected machines and devices.
“Data is at the core of most IoT apps, and AYDO gives people back control over this data,” says Oleksandr Markin, CEO of AYDO. “peaq was made with IoT needs in mind, which makes for a lot of synergy between the two projects. We are excited to be moving ahead with this integration and linking our platform with the blockchain that’s tailor-made for DePIN.”
“This integration makes for a major boost for the DePINs building on peaq, giving them a versatile tool for connecting millions of devices into living and breathing networks,” says Till Wendler, co-founder of peaq. “I am certain that AYDO will bring a lot of value to the peaq ecosystem.”
