Layer-1 Blockchain PeQ and Pulsar Group launched a dedicated sand box in the United Arab Emirates that aims to explore the integration of robots and AI into the decentralized economy.
Organizations have established an area free of automatic economy in Dubai, which combines organization, infrastructure and investment to enhance decentralized use cases of the device.
This initiative is designed to supply developers, companies and owners of government interest with an environment subject to controlling and developing automatic economy applications, including decentralized physical infrastructure networks.
Max Thick, co -founder of PEQ, told Cointelegraph that the free zone is “an economy that focuses on man as it creates robots, machines and self -government valuable, gain and trade.”
Thick said this aims to attract builders in the industries of automated economics and machinery, which makes them more comprehensive than other economic free zones, which tend to be more general.
The Free Zone Initiative is implemented in partnership with Pulsar Group, a consulting company based in Abu Dhabi in the industries of technological economy and digital economy.
When asked about Deeb, it was based on PEAQ, it could be published in the United Arab Emirates, Thake has provided many examples of projects working with Emirati institutions.
This includes the water quality monitoring of the community through wearable devices, the predictive weather, and a virtual power plant consisting of community -owned devices that support network flexibility, and the use of smartphones to measure local noise pollution.
Once the specialized Blockchain is used, DePins acquire a major attention. The market may reach $ 3.5 trillion by 2028, driven by Blockchain technology and artificial intelligence, according to the World Economic Forum.
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Ascending the distinctive symbol in the United Arab Emirates
The Emirati Sand Fund for Development and Test of the Machine icon applications, which Thake described as systems to be rewarded with a symbol distinguished with a share of revenues resulting from specific mechanical activities.
“Let’s take the independent Robo-CAFE, for example. The cafe sells coffee, processing transactions digitally, and they can report this data for transparency. It may mean the distinctive symbol for owners of the distinctive symbol equivalent to every cup that the robot sells.”
Tokeenization also supports the global main property of the free zone (UBO), which directs the wealth resulting from robots and independent factors of displaced individuals from these jobs.
“The concept is still in its early stages, but the area free of the device’s economy in the United Arab Emirates is an ideal test,” said Thick.
The United Arab Emirates has become a major center for the distinctive symbol, as the Dubai Virtual Assets Regulatory Authority (VAR) updates its workforce to bring real assets (RWAS).
As a result, the distinguished asset activity rapidly grew in areas such as Dubai, where Blockchain -based real estate transactions have reached billions of dollars.
This came at a time when Dubai launched the lands, the future Dubai Foundation, and the Central Bank of the United Arab Emirates, the first distinctive real estate project in the region.
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