Pickspot, a DePIN of smart parcel lockers located throughout the African continent, has chosen peaq as its home. This positions peaq as a crucial logistical pillar in some of the world’s fastest-growing economies. You will be able to set up a Pickspot smart parcel locker and collect rewards from each parcel delivered.

The project is integrating peaq as its layer-1 blockchain, leveraging peaq IDs as the identity management on the system; later on, Pickspot will also use peaq access to set up role-based access controls on the network. Pickspot will build a dApp for onboarding new lockers and agents and create smart contracts for minting lockbox NFTs.

Pickspot has announced its integration with peaq, the layer-1 blockchain for DePIN and Machine RWAs. This will decentralize last-mile logistics in Africa. It is building a network of community-owned smart parcel lockers that work as a crucial part of the larger logistical ecosystem and power last-mile delivery wherever the community needs it.

peaq, the layer-1 blockchain for DePIN and Machine RWAs (real-world assets), announces the expansion of its ecosystem as Pickspot joins to decentralize last-mile logistics in Africa. Pickspot is building a DePIN of smart parcel lockers that people and businesses can set up at high-footfall locations.

The layer-1 blockchain powering decentralized physical infrastructure networks (DePIN) and Machine RWAs (real-world assets) Peaq, has announced the addition of Pickspot to its ecosystem. Pickspot is introducing a decentralized network of smart parcel lockers across Africa to streamline last-mile logistics.

In a press release shared with BitKE, PickSpot said it is building a DePIN of smart parcel lockers that people and businesses can set up at high-footfall locations. Through these smart parcel lockers, people in the area can receive and send parcels with ease and convenience, which earns rewards for Pickspot agents — the owners of the parcel lockers.The project will tap Peaq’s Modular DePIN Functions

Africa has one of the fastest-growing economies globally, with its eCommerce sector projected to reach over $46 billion by 2025. As economic activity picks up in pace, the need for seamless logistics solutions has never been greater. In addition, improved services are required for continued growth of Africa’s last-mile delivery market, which is expected to reach nearly $3 billion by 2032. Although the projections are positive, limited infrastructure remains a challenge.