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peaq network is a Smart contract platform built on Substrate supporting and Ethereum Virtual Machine (EVM) smart contracts.
The peaq network enables machines to provide and render services and become fully self-sufficient by leveraging peer-to-peer (p2p) technologies such as Machine NFTs (Non-Fungible Tokens), Decentralized Finance (DeFi), Self-Sovereign Identity (SSI) and novel economic mechanisms to align the incentives of all Economy of Things stakeholders, namely; machines, machine owners, manufacturers, individuals/users, organizations and investors, while incentivising the deployment of more machines to the network.
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