peaq, Olas, and Nevermined have joined forces in a strategic partnership to unlock the potential of AI agents. This collaboration aims to revolutionize AI-commerce and machine autonomy by leveraging peaq’s layer-1 blockchain technology, Nevermined’s decentralized payments protocol for AI agents, and Olas’s platform for launching and co-owning AI agents within AI-powered economies. By enabling decentralized ownership and value exchange among devices, this trio is setting the stage for an economy where machines running AI agents can autonomously transact to maximize value for their owners.
AI agents represent a significant advancement in the AI industry, capable of autonomously performing complex tasks and interacting with the world to deliver real-world outcomes. With the ability to enhance efficiency and effectiveness in various industries and applications, AI agents have the potential to transform economies and create new opportunities. By combining AI agents with value-creating devices, such as solar panels and vehicles, this collaboration seeks to drive unprecedented advancements in how devices interact and transact, pushing the boundaries of AI’s role in the real world.
The collaboration between Nevermined, Valory (on behalf of Olas), and peaq will bring this vision to life through intensive research and development, as well as mutual integrations. peaq will serve as the backbone for decentralized ownership and management of connected devices within DePINs, while Nevermined will function as a decentralized PayPal for AI agents, facilitating transactions without human intervention. Olas will provide the framework for launching and co-owning AI agent economies via Web3, resulting in fully functional Web3 AI agents equipped with a payment system and launch framework for DePINs building on peaq.
The integration of Nevermined, Olas, and peaq will enable pilot projects in various sectors, showcasing the potential of AI agents within DePINs. Hypothetical use cases that this collaboration might enable include Smart Power DePINs, Smart Farming DePINs, Smart Parking DePINs, and Drone Delivery DePINs. By optimizing energy consumption, irrigation and nutrient delivery, parking infrastructure usage, and delivery routes, AI agents within DePINs can maximize efficiency and value creation in real-world economies.
Ralph Pahlmeyer, Head of Business Development at Valory, highlights the transformative power of AI in the form of autonomous agents, which are increasingly contributing to value creation in real-world economies. Till Wendler, Co-founder of peaq, emphasizes the potential for AI-imbued machines to add functionality and value to devices, paving the way for a more egalitarian automated economy that benefits everyone, not just the elite. With the collaboration between peaq, Olas, and Nevermined, the possibilities for integrating AI, Web3, and IoT to create autonomous and efficient devices are endless, ushering in a new era of connected devices and AI-commerce.
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