Market Cap: $2.9348T 1.090%
Volume(24h): $120.8138B 1.190%
  • Market Cap: $2.9348T 1.090%
  • Volume(24h): $120.8138B 1.190%
  • Fear & Greed Index:
  • Market Cap: $2.9348T 1.090%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$92782.214843 USD

5.41%

ethereum
ethereum

$1785.831012 USD

13.27%

tether
tether

$1.000130 USD

0.04%

xrp
xrp

$2.217379 USD

6.56%

bnb
bnb

$612.886223 USD

2.38%

solana
solana

$148.357570 USD

6.30%

usd-coin
usd-coin

$0.999869 USD

0.00%

dogecoin
dogecoin

$0.180638 USD

12.93%

cardano
cardano

$0.687590 USD

10.47%

tron
tron

$0.247855 USD

0.76%

chainlink
chainlink

$14.264786 USD

8.51%

avalanche
avalanche

$22.218995 USD

11.78%

sui
sui

$2.741167 USD

22.93%

unus-sed-leo
unus-sed-leo

$9.065415 USD

-0.56%

stellar
stellar

$0.266802 USD

7.35%

Cryptocurrency News Articles

Polygon Labs Brings Electric Motorcycles On-Chain in Dubai

Apr 24, 2025 at 04:16 am

Polygon Labs is driving innovation in sustainable transport with a new blockchain-powered initiative in Dubai—and India could be next.

Polygon Labs Brings Electric Motorcycles On-Chain in Dubai

Polygon Labs is bringing the electric vehicles (E;Vs) of food delivery firm Pyse on-chain in Dubai in a move that could open the door for a major expansion in India.

The Ethereum Layer-2 scaling network is partnering with the green infrastructure startup to tokenize a fleet of electric delivery motorcycles, embedding asset ownership and real-time data tracking directly onto the Polygon blockchain.

Each EV in the fleet is equipped with Pyse’s DePIN Mining Machine (DMM), a proprietary device that transforms the motorcycles into decentralized data collection nodes. As the vehicles complete everyday delivery tasks, they also gather critical urban metrics like:

* Air quality

* Noise pollution

* Traffic density

This data is then recorded on-chain, helping to create an urban intelligence layer while supporting tokenized reward systems. Verified data contributors receive token incentives, with rewards managed by partner protocols integrated with the Polygon network.

The Dubai launch marks a key milestone in Polygon’s broader vision to link real-world assets (RWAs) with blockchain utility. By anchoring ownership and environmental telemetry on-chain, the initiative blends stable, revenue-generating EV infrastructure with the burgeoning DePIN (Decentralized Physical Infrastructure Networks) movement.

With its fast-growing EV sector and government incentives, India is being positioned as the next major hub for expansion. The initiative aligns with Polygon’s goal of creating real-world use cases for blockchain technology, particularly in sustainability and smart infrastructure.

“We’re not just tracking vehicles—we’re building a decentralized sensor network for smarter, cleaner cities,” said a spokesperson familiar with the project.

This partnership highlights the potential of blockchain technology to create new economic models and generate wealth from everyday activity. It also underscores the growing convergence of Web3 protocols with the physical world.

As part of its broader strategy, Polygon aims to expand the initiative to other countries in Southeast Asia and the Middle East, further integrating blockchain with the new economy.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 24, 2025