NEXA
Project
In May 2024, Staex led a public-private consortium NEXA, consisting of nine partners: Vantage Towers, paymenttools, Berlin Partner, Chirp Wireless, Lisk, ICP, Germandrones, The Drivery, and Marienpark. NEXA is a lighthouse project of how applied web3-technologies can make a difference for the industry.
At the launch event in Marienpark Berlin, opened by Secretary of State Dr. Fissher, Staex showcased how partners benefit from a machine-to-machine economy. Staex demonstrated that the concept of a seamless and reliable machine economy is not just a vision — it can be realized today with Web3 technology. This opens up endless possibilities for new business opportunities transforming how industries automate and meet the ever-changing market demands.
Event Recap
Watch the NEXA event recap video that explains the project and also to hear directly from Staex's partners:
In the emerging machine-to-machine economy, all stakeholders can engage in automated transactions with each other. The drone receives remuneration for providing data, data owner (telecom tower company) sells it to interested buyers, and the landowner receives payment for the use of their property during the operation.
All stakeholders, including the drone operator, data owners, and landowners, had clear and transparent access to smart contracts that outlined the rules and regulations governing the transactions. Staex played a crucial role by enabling seamless and secure communication between the machines involved in this ecosystem, ensuring reliable data exchange and transaction integrity throughout the process.
Media Coverage
Awards Associated with NEXA
With the technology showcased in NEXA I, Staex has been awarded the Berlin State Deep Tech Award 2024:
Realizing New Business Opportunities — NEXA II
In the upcoming phase of the NEXA project, we will enable industry partners to collaborate seamlessly and share resources, unlocking new business opportunities for all involved. Until now, new opportunities have been difficult to realize due to challenges related to trust, network security, and payment processing for services derived from physical and digital assets that are difficult to quantify.
Staex addresses these challenges by creating a dynamic network connecting machines and devices across the partners, integrating with tools and technologies like smart contracts, on-chain data for verifiable integrity, and automation. This infrastructure allows a secure, reliable, and efficient environment for conducting business.
Project Package
We can help you establish a trusted and reliable network and collaborate with new or existing partners testing innovative commercial use cases to monetize existing resources. Contact us for customized project packages.
Talk to us on how you can access, share, and make money with your data.
Contact Us for Customized Project Packages
