Polkadot

<ul><li>Polkadot’s peaq network is set to demonstrate web3 use cases using electric vehicles.</li><li>The parachain will showcase EVs that register with EV chargers using peaq ID and with web3 wallets.</li><li>Peaq is collaborating with industry leaders like Bosch and DENSO to develop the digital economy.</li></ul>Polkadot, the open-source sharded multichain protocol that boasts one of the largest blockchains in the world, recently announced its plan to enter IAA Mobility in Munich next month. Polkadot would be accompanied by peaq, a decentralized web3 network that’s also one of its parachains, i.e. an application specific-data structure that can achieve the scalability of the Polkadot protocol.Polkadot took to X (formerly Twitter) earlier today to announce its plans for IAA Mobility Munich:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a5b5bd868346403094d18e8cd891af4f.png" />IAA Mobility is an international motor show that happens to be Europe’s largest automotive fair. Polkadot would demonstrate web3 use cases using electric vehicles, specifically Tesla and Jaguar cars in September 2023. The use cases would revolve around giving the vehicle its own identity, allowing it to register with the electric vehicle charger using a unique peaq ID aka a Self Sovereign Machine Identity.The peaq network’s web3 utilities would also allow the demonstration electric vehicles to pay for the charging session as well as the parking charges, using its own decentralized wallet. Speaking on its objective with electric vehicles and collaboration with peaq, Polkadot stated:Read full article at <a href="https://cryptotale.org/polkadot-to-demonstrate-web3-use-cases-with-evs-in-september/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Polkadot To Demonstrate Web3 Use Cases With EVs In September

CryptoTale

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