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what is peaq blockchain

What Is PEAQ Blockchain?

Redefining the abilities of Decentralised Physical Infrastructure Networks (DePINs), PEAQ Blockchain is a Layer 1 network that enhances mobility, access, transparency, and connectivity in the ecosystem. As the fast-growing, and world’s largest DePIN ecosystem, it can interact with many devices, vehicles, and machinery seamlessly without a lot of effort. And eventually, contribute towards Real-world asset tokenization.

The network with its asynchronous, and agile core working time, aims to process 10,000 Transactions per second ensuring potential scalability and a lower cost. The networks provide users with ready-to-use Modular DePIN functions interconnecting DePINs with Dapps with the main functionalities. To sum it up, PEAQ blockchain’s rewards mechanism and DePIN build a unique bond that connects, contributes, and enables transactions swiftly, therefore rooting for a decentralized positive economy.

PEAQ Blockchain Development Company

As a PEAQ Blockchain Development company we ensure to provide you with custom development solutions catering to your specific ecosystem needs. Our efficient team of developers is open to learning new aspects of the evolving blockchain trend and providing you with solutions that are sustainable, efficient, and scalable. There are different aspects of PEAQ Blockchain development, where we ensure to provide you with proper infrastructure and interface that makes your operations seamless.

peaq blockchain development company

PEAQ Blockchain Development Services

peaq blockchain

Peaq Blockchain

We at BlockchainX help you custom-build your PEAQ Blockchain with the required features and functions.

dapp development for peaq

DApp Development For PEAQ

Exclusive PEAQ compatible Decentralised Applications are customized to meet your specific needs and address your requirements based on the sector.

deFi development for peaq

DeFi Development for PEAQ

Do you want to develop a whole new financial decentralized ecosystem on PEAQ? We got you covered.

utility token development

Utility Token Development

From native tokens, and governing tokens to reward token development, we at BlockchainX curate your ideal utility tokens.

smart contract audit

Smart Contract Audit

As a part of PEAQ Blockchain development, we support you with end-to-end blockchain smart contract development to ensure security, accuracy, and tracking.

wallet development services

Wallet Development Services

Our Wallet development services are all about getting a compatible wallet that interacts smoothly with the ecosystem and is secured.

How Does The PEAQ Blockchain Work?

The Working of PEAQ Blockchain is designed to provide security and Privacy for users, it acts on Zero-knowledge proof and homomorphic Encryption. This protects user data, provides privacy, and preserves interactions. Here we have cut down the working mechanism of PEAQ Blockchain.

zero-knowledge proofs

Zero-Knowledge Proofs

Employing Zero-knowledge proof to authenticate user performance where users can prove their identity even without providing any data. Their privacy is at no point compromised.

homomorphic encryption

Homomorphic Encryption

The homomorphic encryption allows the computation process to encrypt data without decrypting them in the initial phase. It ensures that user data is protected even during processing.

Privacy-Preserving Protocols

Privacy-Preserving Protocols

The network incorporates a privacy-preserving protocol that protects the data from unauthorized access. This prevents malfunctions. And it can also include multi-party computation to ensure privacy.

quantum resistance

Quantum Resistance

The main advantage of the PEAK network is, that it is designed to be resistant to attacks, and potentially never compromises security and cryptographic methods, unlike traditional means.

interoperability

Interoperability

The interoperability of the PEAQ network is very smooth when compared to other networks, which are compatible with other blockchains, and protocols ensure seamless interactions and collaborations.

PEAQ Blockchain Development Process

peaq blockchain development process

Requirement Gathering

The very first step is to gather the basic idea behind the PEAQ Blockchain development, understand their expectations, requirements, and goals they want to achieve, and others to have good ideas in and out from the requirement point of view.

Coming up with the Infrastructure

Planning out the infrastructure is the most important aspect of the development process which includes the functions, features, and operational order you want things to be placed on your platform.

Customizations and Wireframe

From the planning insights, we can now also do some customization in terms of name, brand identity, logo, the look and feel of the network, etc. We shall also help you with wireframe designing to give you an idea of the look and on approval we develop it.

Tech Integrations

Additional tech integrations are done in this phase of development, from AML, and KYC, and bringing in AI, and ML kinds of Technologies are also possible. But based on need, everything would make sense, and be easy to use.

Smart Contract Deployment

Based on the operations, and requirements we code you with first-handed codes that are unique, and written exactly to meet your operational requirements. The codes are also audited and then deployed with the platform and the network.

Testnet Launch

Once the contracts are deployed, by launching on the test net, we would get a clear idea of the workings of the platform, this process ensures to stay updated, and aware of bugs. And by rectifying them we can ensure the right flow of operations.

Deploying PEAQ Blockchain on Mainnet

Once all the errors are rectified and approved, the network is all set for its main launch. With a good marketing strategy, we can captivate a good crowd for the network. With all these aligned, we deploy your network on the mainnet for public access.

Support and Maintenance

We contribute endless support and maintenance services post the launch of your PEAQ blockchain. Based on the feedback earned, we help you work on it, to improve the overall performance of the network.

Why Choose BlockchainX PEAQ Blockchain Development?

BlockchainX is a blockchain development company with 7 years of on-ground expertise in developing blockchain solutions and their attributes we have a unique customer range, trusting us for our services. In your PEAQ blockchain development services, we ensure to customize the solutions to cater to your specific needs delivered following the best practices of development. Our expert team of developers has hands-on experience in developing decentralized solutions and is eventually open to learning and curating new, efficient solutions.

  • 24 x 7 round-the-clock services.
  • Support and maintenance.
  • Experienced team of developers.
  • Open to upgrade.
why choose blockchainX peaq blockchain development?
Frequently Asked Question

PEAQ Blockchain is a unique network that brings out the ability of DePINs, which enhances mobility, transparency, access, and connectivity.

The network is highly scalable, has the potential to fasten transactions, and is an efficient, low-cost network.

This can be used in almost every sector, from healthcare, finance, and supply chain to government, social media, education, machinery, etc.

The primary use case of the PEAQ blockchain is that it supports Economy of Things applications along with IoT devices, autonomous vehicle networks, decentralized energy management, logistics, and more.

To implement security in the PEAQ Blockchain it is implemented through decentralized identity and secured protocols that are aligned to work together to ensure the identity of the user, verified without centralization.

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