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Peaq and Fetch.ai Collaborate to Introduce Multi-Chain Self-Sovereign Machine Identities for Interoperability in Web3 Space

June 26 (Cointime) - Peaq and Fetch.ai have joined forces to introduce Self-Sovereign Machine Identities that allow for seamless data exchange and identification between vehicles, robots, and devices on Polkadot and Cosmos ecosystems. This technology has the potential to revolutionize connectivity and efficiency by facilitating decentralized data exchanges and enhancing coordination.

The integration of Polkadot's peaq and Cosmos's Fetch.ai highlights the importance of interoperability in maximizing their value proposition. Fetch.ai has also announced that Multi-Chain Machine IDs will be interoperable between the Cosmos and Polkadot ecosystems and will be brought to the Kusama network, creating new opportunities for connectivity and efficiency in the Web3 space.

This multi-chain solution has the potential to shape the future of various industries by unlocking new levels of innovation, particularly in healthcare systems where medical devices running on different blockchains can securely share data and streamline patient care.

Cosmos Cosmos $7.27
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Polkadot cosmos Interoperability
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