Soarchain is a decentralized physical infrastructure network (DePIN) built on Solana that is focused on real-time data sharing in transportation.
It uses smart contracts to verify vehicle data, enabling decentralized applications (dApps) that improve road safety, data management, and eco-friendly transportation options. Participants contribute to the network by sharing verified mobility data through V2X technology.
This article explores how Soarchain operates and how you can become part of this growing network.
How Does Soarchain Work?
Soarchain serves as a decentralized layer that facilitates real-time data transactions between vehicles. The system operates in a trustless and permissionless manner, meaning vehicles can exchange information without requiring a central authority.
Vehicles equipped with Soarchain-enabled devices continuously generate real-time data about their environment. This data is cryptographically verified to ensure accuracy and reliability before being shared with the network.
Each broadcasted message is cross-checked by other network participants, ensuring that only verifiable and trustworthy data circulates within the system.
By contributing accurate, validated data, participants play an essential role in strengthening the network’s transparency and security.
Soarchain’s smart contracts support various decentralized applications (dApps) that enhance mobility, including solutions for road safety, traffic optimization, and eco-friendly transportation.
SOAR Tokens and Their Distribution
The $SOAR token is used within the Soarchain ecosystem to facilitate transactions and interactions between participants.
Soarchain has a total supply of 1.9 billion $SOAR tokens, distributed to sustain network operations and long-term growth. Approximately 45.6% of the total supply was part of the initial allocation, while 54.4% is reserved for network participation incentives.
Now, the distribution of these rewards is split across four main groups. Here’s how it breaks down:
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V2N Rewards (22.6%): Vehicles that broadcast accurate data to the network receive tokens as recognition for their contribution to the system’s integrity. Over time, participation incentives adjust dynamically to maintain long-term balance.
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V2V Rewards (15%): Vehicles that share data directly with nearby vehicles enhance real-time mobility intelligence. This peer-to-peer exchange supports use cases like traffic updates and road safety alerts.
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Staking Rewards (11.8%): Participants who stake $SOAR tokens contribute to network stability and security while supporting decentralized governance.
- Guardians (5%): Guardians are special nodes that validate data and ensure network security. They verify all messages within Soarchain, acting as the backbone of the network’s security.
The remaining SOAR tokens are allocated for the strategic reserve and early investors, which helps fund development, partnerships, and other initiatives.
Applications of Soarchain Network
Soarchain’s decentralized network opens up a range of practical applications that aim to make transportation smarter, safer, and more efficient.
Road Safety
Soarchain prioritizes road safety by allowing vehicles to communicate crucial information that can prevent accidents and protect vulnerable users.
- Collision Avoidance: Alerts drivers about potential hazards, such as stationary vehicles or sudden obstacles, giving them time to react and avoid accidents.
- Emergency Vehicle Notification: Helps emergency vehicles, like ambulances, notify nearby drivers to clear the way, speeding up response times.
- Vulnerable Road User Safety: Warns drivers about nearby pedestrians or cyclists, enhancing safety for those who are less visible and more exposed.
Data Collection
Soarchain enables secure and private data collection that complies with high mobility standards and preserves user privacy.
- Encrypted Storage: Data is stored off-chain, with cryptographic signatures on-chain, ensuring the data’s integrity.
- Permissioned Access: Only authorized entities can access collected data, supporting private transactions and user-controlled data sharing.
- Diagnostics and Predictive Maintenance: Real-time diagnostics and historical data help detect issues early and predict future maintenance needs, saving on repair costs and extending vehicle life.
Device Management
Managing connected devices securely and efficiently is a core function of Soarchain’s decentralized platform.
- Remote Configuration: Smart contracts automate and verify remote configuration of vehicle devices, ensuring secure setups.
- Secure OTA Updates: Over-the-air updates are conducted without a central server, providing secure and reliable vehicle software updates.
- Network Health Monitoring: Connectivity performance can be monitored in real-time, enabling network providers to assess and optimize their wireless infrastructure for reliable vehicle communication.
Collective Perception
Collective perception applications allow vehicles to pool data, creating a clearer picture of their surroundings and improving decision-making.
- Platooning: Vehicles coordinate in close formations, improving traffic flow and safety.
- Collective Sensor Fusion: Vehicles share sensor data, like radar and camera feeds, to create a more accurate and comprehensive view of the environment.
- Flow Optimization: Vehicles communicate with each other and infrastructure to coordinate movements, reducing congestion and enhancing traffic flow.
Services
Soarchain’s infrastructure supports a variety of third-party services that benefit both users and providers by leveraging real-time data and secure connectivity.
- Insurance: Real-time driving data enables insurers to assess risks more accurately, adjust premiums, and encourage safer driving.
- EV Charging: Smart contracts facilitate automated payments at EV charging stations, eliminating the need for third-party transaction processing.
- Teleoperation: Enables secure remote control of vehicles, useful for scenarios where precise navigation is required.
How to Be a Part of Soarchain Network?
Individuals and businesses can join the Soarchain network by deploying a Soarchain Mini device. This plug-and-play device connects vehicles to the network, enabling secure data contributions related to diagnostics, fuel consumption, battery levels, and other mobility metrics.
You can get your Soarchain Mini device from HeliumDeploy, the official Soarchain partner.
Once connected, your vehicle becomes an active part of the decentralized mobility ecosystem, broadcasting data that helps power applications for things like predictive maintenance and smart insurance.
Each contribution strengthens the network’s reliability and functionality. You’ll also have access to real-time diagnostics and other useful mobility applications, enhancing your vehicle’s performance and safety.
When you buy a device, you become a Runner on the Soarchain network. Runners provide the processing power and verification needed to keep the network secure and efficient. They verify vehicle data to ensure its accuracy and handle complex tasks like AI diagnostics and predictive maintenance.
Ready to Join the Future of Mobility?
Soarchain is redefining how real-time transportation data is shared and utilized.
Connecting your vehicle to the Soarchain network will contribute to a smarter, safer transportation ecosystem while gaining access to real-time mobility insights.
Secure your Soarchain Mini device today and start participating in the network.