Peaq Integrates WalletConnect to Streamline Machine Economy Access for Web3 Use Case

Peaq, the layer-1 blockchain that will power the Machine Economy, has partnered with WalletConnect, which is one of the best on-chain user experience (UX) ecosystems.

By having WalletConnect available on Peaq, users can connect any wallet application with more than 600 popular wallet apps easily, opening a new era of effortless engagement in real-world Web3 apps.

The Release of Hassle-Free On-Chain Connections

WalletConnect is the architect to connect wallets, DApps, and their users. Implementing the protocol of WalletConnect , Peaq no longer requires the use of complicated wallet integrations or connectors.

Because developers are now able to create a standardized and open-source interface, those who want to develop on the blockchain will be able to quickly give their users an interface by connecting with their favorite wallets (mobile and desktop).

It not only speeds up the process of onboarding but also decreases the hidden technical barriers and enables anyone to open the gates to the Machine Economy with the help of several clicks.

Powering the Machine Economy

The Machine Economy is an emerging paradigm in which decentralized physical infrastructure networks (DePINs) and autonomous devices transact value and services on the blockchain.

Peaq’s blockchain underpins this ecosystem, supporting millions of devices, from smart sensors to robotics platforms, that perform tasks and earn real-world rewards. Those devices may be controlled by well-known wallet interfaces with WalletConnect, allowing users and operators to check balances, sign transactions, and track device profits, all within their wallet apps.

Decentralized, Permissionless Growth With Peaq

Peaq and WalletConnect have partnered to strengthen their shared vision of open and permissionless innovation, combining their scalable and high-throughput consensus with WalletConnect’s established UX framework.

Projects can cease the need to reinvent wallet connectivity; instead, they can focus solely on device orchestration, data marketplaces, and revenue-sharing models.

In the meantime, users also benefit from the improved security and privacy, as approving transactions is done in the desired wallet instead of through third parties.

An Incubator of Web3 Innovation for the Future

The implementation of WalletConnect on Peaq is an important step toward establishing an ecosystem in which real-life devices and decentralized apps merge.

When more DePIN projects and machine-driven services get deployed on Peaq, the possibility of connecting wallets will be crucial in the scaling of operations and user adoption. As the wallet currently supports more than 600 different wallets, Peaq is already in a position to integrate both technical and non-technical stakeholders into the Machine Economy, thereby opening the way to the creation of genuinely blockchain -native infrastructure that does not know any boundaries.