Collaborating with peaq, Pickspot looks to revolutionize last-mile delivery in Africa through the implementation of intelligent parcel lockers

In the rapidly evolving landscape of African technology, a new player is making waves in the logistics sector. Pickspot, a decentralized network of smart parcel lockers, is set to revolutionize last-mile delivery and parcel storage across the continent.

Pickspot empowers agents, couriers, and communities by providing a secure and convenient way to send and receive parcels. The service is designed to empower local economies, fostering a more inclusive economy across Africa.

The heart of Pickspot lies in its innovative locker infrastructure, combined with cutting-edge software, creating a seamless and accessible experience. The smart parcel lockers will be built using peaq's Modular DePIN Functions, a layer-1 blockchain serving as the backbone for DePINs (real-world apps) in more than 20 industries.

Peaq, home to over 1,000,000 devices, vehicles, machines, and robots (Machine RWAs), is expanding its ecosystem with the addition of Pickspot. This partnership promises to bring about significant changes in the African logistics sector, which is currently facing challenges due to limited infrastructure.

The challenges in Africa's logistics sector are hindering both e-commerce and the wider logistics sectors. However, the growth projections for these sectors are promising. Africa's e-commerce sector is projected to reach $46.1 billion by 2025, and the last-mile delivery market is expected to grow to nearly $3 billion by 2032.

Pickspot's network is designed to address these challenges, offering an affordable and accessible solution to e-commerce delivery. Built on blockchain technology, Pickspot enables peer-to-peer transactions, providing a decentralized approach to last-mile logistics in Africa.

Moreover, Pickspot's smart contracts will be deployed on peaq's network, the home of DePINs. This integration ensures a secure and efficient system, enhancing the convenience of parcel delivery and storage for people in the area.

People in the area can receive and send parcels through these smart parcel lockers, earning rewards for Pickspot agents. This incentivized system encourages participation and contributes to the growth of the Pickspot network.

As Pickspot continues to expand, it is set to revolutionize the way parcels are delivered and stored across Africa. With its focus on decentralization, affordability, and inclusivity, Pickspot is poised to make a significant impact on the African logistics sector.

Peaq, with its aim to democratize abundance in the Age of AI and job automation, serves as the perfect partner for Pickspot. Together, they are creating a future where technology and community come together to solve real-world problems, making life easier for people across Africa.

Collaborating with peaq, Pickspot looks to revolutionize last-mile delivery in Africa through the implementation of intelligent parcel lockers