Bosch Prototypes Web3-Enabled Smart Sensor for Earning Crypto While Sharing Data

?

Unveiling the XDK110 Rapid Prototyping Kit for Decentralized Data Generation and Earnings

  • Bosch introduces the XDK110, a Web3-enabled smart sensor for real-world data on weather, light, noise pollution, and seismic activity.
  • The device, part of the Decentralized Physical Infrastructure Networks (DePIN), provides users the ability to earn crypto rewards without intermediaries.
  • Collaborating with peaq and Fetch.ai, Bosch’s proof-of-concept showcases a future where devices interact autonomously, ensuring data privacy and security.

Claim up to $30,030 in Bonus

100x Leverage

Bosch, a leader in sensor manufacturing, is making waves with its latest venture into Web3 technology. The conglomerate has introduced a cutting-edge smart sensor designed to capture real-world data, revolutionizing the way we interact with the environment.

Meet the Bosch XDK110 Rapid Prototyping Kit, the powerhouse behind this innovative leap. This smart sensor goes beyond the conventional, gathering data on weather, light, noise pollution, and seismic activity. Integrated into the Web3 framework, it plays a pivotal role in Decentralized Physical Infrastructure Networks (DePIN), paving the way for a decentralized future.

Also Read: IBM Demos New “OSO” Offline Cold Storage Solution for Crypto Assets

Collaborative Ecosystem – Unique Identity, peaq Integration, and AI Optimization

Each Bosch XDK110 comes equipped with a distinct digital identity, marking a breakthrough in device individuality. These devices seamlessly interact with peaq, leveraging Polkadot’s “canary network” Kusama. Although peaq’s full Polkadot parachain lease is ready, it remains untapped, holding promise for future advancements.

In collaboration with Fetch.ai, Bosch’s smart sensor takes on a new level of intelligence. Autonomous AI agents optimize device activities, ensuring users maximize their rewards. The introduction of Fetch’s DeltaV marketplace enhances connectivity, providing data consumers direct access to a decentralized network of suppliers.

Claim up to $30,030 in Bonus

100x Leverage

Proof-of-Concept Showcase, MoveID Project, and Data Privacy

Recently, Bosch, peaq, and Fetch.ai showcased the practicality of their collaboration at a hackathon held at the University of Applied Sciences in Saarbruecken, Germany. The proof-of-concept demonstration underscored the potential of this tripartite alliance.

In a broader scope, Fetch.ai and Bosch collaborate on the MoveID project, aiming to instill self-sovereign identities in vehicles and mobility infrastructure. Maria Minaricova, Fetch’s Business Development Lead, emphasizes that providing machines with identities enables autonomous operation, a significant stride toward innovation.

Beyond the technicalities, the introduction of Web3 technologies highlights a growing concern for data privacy. Bosch, aligning with the EU’s drive for privacy, seeks alternatives to conventional cloud solutions, ensuring a more secure and anonymous use of personal data.

Token incentives play a crucial role in deploying Bosch’s smart sensor technology. Drawing parallels to Helium’s wireless mobile data model, Bosch’s flexible approach allows settlements on various blockchains, from Fetch.ai and peaq on Polkadot to traditional Web2 systems through APIs. This versatility ensures widespread adoption and compatibility in the evolving landscape of decentralized technologies.

Enhance Your Crypto Trading Skills With Our Legends’ Trading Masterclass

Empower your crypto trading skills with our Legends Masterclass. Sign up now and take advantage of our limited-time discount offer! Join the class today.

legends_banner