Spherity partners with Weeve to bring physical assets onto the digital blockchain-based Weeve ecosystem
Weeve, a Berlin-based blockchain startup is announcing a partnership with Spherity today.
“Goods like hardware tools, clothes, containers or drugs are physical assets. Many of these goods are already smart-things connected to the Internet. To empower novel business models for, e.g., the hardware, fashion, logistics or automobility industry, a crucial step is to turn the physical into a digital asset — this typically first requires a unique, unclonable identity of the thing. Spherity is a leading deep tech innovator with expertise in this field. The partnership with Spherity is a strategic step towards securely integrating physical assets into the Weeve network such that their data can be truthfully attested with the Weeve technology and monetized through our IoT data marketplaces. This way Weeve leverages shared economies for physical assets based on Blockchain-agnostic business models.”
— Weeve
“With Spherity we are providing Digital Twins for IoT devices such as for instance smart meters, vehicles, machines or weather stations. The weeve technology will enable us to securely bridge from the physical to the digital world. Weeve will help us to assure an uncloneable identity of any device and its data (authenticity, provenance) and to secure the data sent from the device into the Digital Twin (audit trail for sensor, actor and processing data).”
— Spherity
About Weeve:
Weeve is a deep-tech, IoT-to-Blockchain innovation venture. The vision of Weeve is to empower the trusted Economy of Things where IoT machines (or “weeves”) index, process, attest and trade harvested data as digital assets. Weeve builds the infrastructure for decentralized data marketplaces in order to trade and montize any form of digital assets ranging from geo-data to electricity or delivery status. The Weeve network facilitates the creation, management and orchestration of marketplaces while empowering individuals, enterprises or governmental bodies to set up, curate or join existing marketplaces in a fair and friendly manner.
About Spherity:
Spherity builds applications, giving any entity a unique identifier linked to a digital twin with access to a scalable and self-sovereign transaction layer. Bridging the physical, biological and digital spheres. Spherity builds decentralized applications to empower secure value and data exchange among people, devices, software or machines without intermediaries. We envision a future of human and non-human economically independent entities interacting among each other.
Press Contact:
Kasey-Leigh Davies, Weeve, kasey-leigh.davies@weeve.network
Marius Göbel, Spherity, marius@spherity.com
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