The DeFi Decoded Podcast Why Crypto Will Power the Economy of Things with Leonard Dorlöchter of peaq
Feb 5, 2026
Leonard Dorlöchter, co-founder of peaq and EOT Labs, builds layer‑one blockchain tools to tokenize machines. He explores the machine economy and agentic commerce. They discuss why blockchains enable machine identity, open payments and reputation. Real-world DePIN and tokenized machines appear, plus agents autonomously using stablecoins and DeFi.
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Machines As Economic Agents
- The "economy of things" makes devices into autonomous economic agents that can earn and spend money.
- Blockchain provides an open, neutral infrastructure for machine identity, authentication, payments and reputation.
Put Machine Identity And Payments On-Chain
- Use blockchains rather than traditional bank accounts when enabling machines to transact because machines often cannot access KYC-bound financial services.
- Put identity, reputation and payments on-chain so machines can discover, authenticate and transact permissionlessly.
Weather Stations Earning On-Chain
- SkyX weather stations on peaq sign data on-chain and reward owners for authentic weather data.
- Tokenization already enables real devices to earn revenue for their owners via authenticated data streams.