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Leading Web3 projects join forces to power the future of mobility in a €28 Million pan-European project

Chainstep, peaq, Datarella, 51nodes, Ocean Protocol, Fetch.ai, and deltaDAO collaborate with top industry names including Bosch, Continental, and Airbus as part of Gaia-X moveID project in joint push towards a decentralized digital backbone powering the future of mobility

September 8 — An array of leading Web3 projects join forces within the Gaia-X moveID consortium which is funded with €28 million. As part of the collaboration, Chainstep, peaq, Datarella, 51nodes, Ocean Protocol, Fetch.ai, and deltaDAO will work to develop the framework for a decentralized digital backbone powering the future of mobility.

Through billions-worth acquisitions, Web2 tech giants assert themselves in more and more sectors, from healthcare to Internet of Things appliances, prompting concerns of pervasive user surveillance. This expansion provides for more centralized control over an increasing number of aspects of users’ daily lives, oftentimes unbeknownst to the users themselves.

Rising as an alternative to centralized platforms, Gaia-X is a pan-European cross-sector consortia group for a more open and democratic data infrastructure, bringing together more than 300 companies and organizations, including top industry names such as Bosch, Continental, and Airbus. Gaia-X’s moveID consortium is focused on innovative solutions for decentralized digital identity and decentralized data sharing — real-world mobility use cases for blockchain technology, placing it at the foundations of real-world services and processes. Secure and verifiable digital IDs are a crucial foundational feature that will enable all mobility participants — humans or machines — to identify each other, transact, and interact between themselves without mediation from centralized third parties and the associated fees and privacy concerns.

As part of the collaboration, the participating Web3 projects will take on the following roles to put decentralization and openness at the core of the digital infrastructure of the future:

In the context of Gaia-X’s moveID, the AEAs and the Agent framework enables decentralized identities (SSI), and can run on edge devices in a decentralized microservice architecture. All the products support cross-chain interoperability which will help achieve Gaia-X’s vision to support many new multi-stakeholder mobility applications.

Humayun Sheikh, Fetch.ai Founder and CEO, says: “We are excited to support Gaia-X’s moveID project that has the potential to reshape the future of mobility. We look forward to working with other technology and industry partners who share our belief in Web3 technology’s potential to unlock innovative and new collaborative business models.”

Konstantin Graf, CEO Chainstep, says: “We need easy-to-use applications with high value in the real world and everyday life. A Web3 infrastructure is very important for Europe. I believe in ecosystems and cooperation as the only way European companies will stay competitive.”

Siddharth Singhal, Director of Enterprise at Parity Technologies, says: “Web3-enabled platforms will play a crucial infrastructure role as we build the future of the IoT industry. We are proud to see Polkadot playing a crucial role serving pan-EU citizens via moveID partners and expect greater Web3 adoption in this vast industry.”

Michael Reuter, CEO and Founder of Datarella, says: “Europe needs a resilient, sustainable Web3 infrastructure that allows for privacy-preserving, autonomous applications serving all European citizens. The moveID partners are committed to make this possible.”

Jochen Kaßberger, CEO/Co-Founder of 51nodes, says: “At moveID, we are working together with great partners on digital infrastructure for V2X use cases using decentralized digital technology. We are excited to be part of the integration of digital mobility in Europe.”

Bruce Pon, Ocean Protocol Founder, says: “Secure data processing is critical to the future of mobility. Via BigchainDB, Ocean is proud to support the moveID initiative with the technical elements needed for building digital identity infrastructure and help enable an inclusive Data Economy.”

Frederic Schwill, deltaDAO AG Co-Founder, says: “We believe that Europe needs a more sovereign, resilient, and sustainable data infrastructure, enabling value creation and new sustainable mobility business models. We are thrilled to be joining the moveID project and build, together with our partners, towards the future of decentralized mobility.

“Web3 technologies offer a promising digital foundation for future mobility solutions,” says Peter Busch, Product Owner for Distributed Ledger Technologies (Mobility) at Bosch. “With MoveID, we are setting the foundation for a hyper connected mobility infrastructure by leveraging self-sovereign device identities and decentralized data sharing to enable hundreds of potential use cases. We are thrilled to be exploring this exciting prospect side by side with some of the leading projects in the decentralized space such as Fetch-ai Network, peaq, Ocean Protocol, Datarella, 51nodes, deltaDAO, and Chainstep.”

About Fetch-ai Network

Fetch AI is a Web3 venture studio developing peer-to-peer solutions using deep tech stack that includes blockchain, AI and multi-agent systems. Our products include the Fetch-ai Network, Autonomous Economic Agents (AEAs), Digital Twins Platform that powers the Fetch.ai app, DeFi Apps — Atomix, BotSwap and Mettalex, and AI products — Axim, CoLearn, and DabbaFlow.

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