peaq and Pulsar Launch Machine Economy Free Zone in UAE
peaq, the blockchain platform powering the Machine Economy, has partnered with Pulsar Group to establish the world''s first Machine Economy Free Zone (MEFZ) in Abu Dhabi and Dubai. This initiative creates a regulatory sandbox for human-machine collaboration, aligning with peaq''s vision of an Age of Abundance where decentralized technologies drive smart city innovation.
The MEFZ framework rests on four pillars: regulatory experimentation for machine tokenization, physical/virtual deployment sandboxes, investment pipelines for DePIN projects, and a dedicated innovation hub. The zone aims to accelerate development of decentralized physical infrastructure networks while ensuring compliance with UAE''s progressive crypto policies.
This strategic MOVE positions the UAE as a testing ground for frontier technologies at the intersection of blockchain, IoT, and AI. The collaboration leverages peaq''s Layer-1 infrastructure and Pulsar''s regional expertise to attract global builders in the decentralized machine economy space.