Decentralized telecommunications network Chirp is pleased to announce that it has become the connectivity partner for Teneo Protocol, the data layer for real-world machines that facilitates data encryption, verification and secure decentralized storage.
With a strong history in RWA tokenization, having tokenized a shared Tesla fleet several years ago, Teneo is focused on building the first data layer for decentralized physical infrastructure networks (DePIN) and AI. It allows DePINs to collect data, structure it and monetize it in one unified layer, while Chirp will offer connectivity for Internet of Things (IoT) devices in Teneo’s ecosystem.
About Teneo Protocol
Teneo Protocol is a blockchain startup that is revolutionizing how real-world machine data is utilized and monetized. As the first data layer for DePIN and AI, Teneo connects real-world machines and the data they collect to Web3, ensuring secure, transparent, and efficient decentralized data storage. Making it accessible to AI companies and data marketplaces.
Its solution has a wide range of applications, from solar panels collecting weather data to eclectic battery charging data collected from shared eclectic scooters. Teneo uses zero knowledge technology to ensure the most secure, decentralized data storage solution for DePINs using it as their data infrastructure provider.
Connecting DePINs for seamless data transfer
The partnership with Chirp will allow protocols using Teneo’s solution to access a truly global, radio-agnostic wireless network to transfer data seamlessly between devices. As such, Chirp will facilitate the creation of a transparent and secure decentralized database.
Chirp’s recent partnership with XMAQUINA is a great example of the exciting synergies between the two projects. XMAQUINA facilitates the tokenization and deployment of a diverse array of autonomous robots by utilizing Teneo’s tokenization infrastructure and has recently showcased a futuristic robo-cafe at the TOKEN2049 conference in Dubai. Chirp provides connectivity for these robots, while Teneo acts as the data infrastructure layer.
In the future, Chirp will also add the data collected by IoT devices within its own network to Teneo’s secure database. By combining data sets, Chirp and Teneo will create a more valuable proposition, allowing their communities to extract better value from the data they collect. Together, the two projects will build a world where individuals, rather than corporations, can extract the most value from the data they gather on a daily basis.
