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Advanced Blockchain’s portfolio company peaq, together with Gaia-x moveID, unveiled a decentralized IoT function for parking and charging vehicles at the IAA in Munich last week. The demonstration showed how autonomous transactions between connected devices can be enabled on the blockchain, allowing for a seamless experience and access to the best services. Gaia-X, a European Union-funded initiative, is supporting peaq, Bosch and others in this initiative to create a secure data infrastructure for European digital sovereignty.