100 tokenized Teslas ‘democratize’ and ‘decentralize’ Web3 experience sharing

A Vienna-based car-sharing service firm has outfitted almost half of its 200+ fleet of automobiles with blockchain-based self-sovereign IDs for tokenization functions.

On June 27, the car-sharing service Eloop and the Peaq Community — a Web3 ecosystem for the economic system of issues — introduced that 100 Teslas had been tokenized by way of Peaq. The blockchain integration permits customers to personal a fraction of the fleet and share the income the automobiles generate from every day rideshare operations.

Proceed Studying on Coin Telegraph