What is GeoGnomo? Cardano aims to improve Interoperability standards with it

in #cardano • 7 years ago

Cardano Foundation is aiming to improve interoperability standards. To do so, Cardano has reportedly financed an open-source project known as GeoGnomo.Source

It is an open-source project created by Long Finance’s Distributed Futures research programme. It is founded to research on various methods of smart ledger geo-stamping — a combination of geolocation and timestamping information. In a recent Long Finance publication, it was revealed that GeoGnomo is exploring different kinds of geocoding for use in smart contracts.

For geo-stamping, the GeoGnomo project has developed three systems which include: Quaternary Triangular System, Quaternary Rectangular System, and A Variable Rectangular System.
According to GeoGnomo, these systems can help in recording geographic areas into a blockchain. It can done by generating source code, and an online translation from the latitude & longitude areas to geocodes, Smartereum reported.
For more details:Click here

2018090318210866.png

#cda
7 years ago in #cardano by
$0.00
    1 vote
    Reply 1

    Coin Marketplace

    STEEM 0.12
    TRX 0.34
    JST 0.033
    BTC 122308.36
    ETH 4498.74
    SBD 0.79