Decentralized telecommunications network Chirp is excited to announce its strategic partnership with Soarchain, a Layer 1 DePIN for vehicles, mobility and AI. Chirp will provide the Soarchain ecosystem with comprehensive connectivity solutions and management tools for Internet of Things (IoT) to broaden Soarchain’s network capabilities and simplify the onboarding process for projects building on Soarchain.
About Soarchain
Soarchain is a Layer 1 blockchain specifically designed for the mobility sector, leveraging blockchain and cellular-V2X technology to create a decentralized data and connectivity infrastructure. It aims to revolutionize the automotive industry by enabling secure, decentralized communication and data exchange between vehicles, developers, and users. Built on Cosmos SDK, Soarchain taps into the rapidly growing in-vehicle applications market, which is projected to reach $1.4 trillion in 2030, with an annual growth rate of 60.2%. To date, Soarchain has already onboarded over 15,000 vehicles, 50,000 users and 400,000 wallets.
Broadening Soarchain Network Capabilities
Through Chirp’s radio-agnostic network, projects on the Soarchain platform will benefit from global IoT connectivity, even in remote areas with limited internet access. This facilitates continuous data exchange and improves operational efficiency.
The integration with Chirp will provide these projects with access to the IoT standardization engine to simplify sensor deployments, while allowing them to build no-code rules between IoT devices and generate data-based alerts. On top of this, Chirp’s data warehouse facilitates secure device data storage and visualization of data streams.
Global Mobility and Other Use Cases
The partnership between Chirp and Soarchain will primarily enhance global mobility through innovative IoT applications. By providing robust IoT connectivity for fleet management, monitoring driver behavior for insurance purposes, and collecting and visualizing data from in-vehicle sensors, Chirp and Soarchain aim to transform the transportation sector.
Integrating Soarchain’s real-time vehicular data with Chirp’s IoT platform will offer a comprehensive view of urban mobility, enabling sophisticated analytics for better decision-making by urban planners and transportation authorities. For example, real-time traffic data can optimize traffic flow, reduce congestion, and improve public safety, leading to more efficient urban transportation systems.
Combining Chirp’s environmental sensors with Soarchain’s mobile data collection capabilities will also provide a comprehensive solution for environmental monitoring. This can include tracking air quality and other environmental parameters in real-time, helping cities and businesses to respond proactively to environmental issues and comply with regulatory requirements.
In addition, the collaboration will significantly benefit smart city initiatives. With real-time data from Soarchain-enabled vehicles and Chirp’s extensive IoT coverage, cities can implement intelligent traffic management systems, monitor environmental conditions, and enhance public safety measures. This integrated approach will help in building more efficient, sustainable, and resilient urban environments.
Innovation and Market Expansion
The collaboration will foster a fertile ground for innovation by enabling developers to build and deploy a wide range of applications on the integrated platform. This will attract new developers and businesses, expanding the market reach of both Chirp and Soarchain. By offering superior connectivity and data management solutions, we can position ourselves as leaders in the IoT and mobility sectors.
