According to a report by Decrypt on April 23, the deep tide TechFlow news states that Polygon has partnered with sustainable infrastructure startup Pyse to launch a tokenization electric delivery fleet project in Dubai. The project anchors vehicle ownership and real-time data collection on the Blockchain. Each electric motorcycle is equipped with Pyse’s proprietary Decentralization Physical Infrastructure Mining Rig (DMM), which collects urban data such as air quality, road wear, and noise pollution during daily deliveries.
The project is currently operational in the UAE and plans to enter the Indian electric vehicle market. Harshit Garg, co-founder of Pyse, stated that the B2B electric vehicle and last-mile logistics market in India is relatively fragmented and underfunded, and a blockchain-based model can help operators access more financing channels. The project combines a model supported by physical assets and decentralized data incentives, allowing participants to earn returns from both asset and data outputs.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
