Article Summary, Automatically Generated By AI
Summary of GEODNET
Key Points
- GEODNET: Decentralized network of Space Weather mining stations reporting real-time solar winds’ influence on GNSS signals.
- Data used for accurate GNSS signal correction, providing centimeter-level positioning and nano-second time accuracy.
- Applications: Automotive/Autonomous Navigation, Agriculture/Construction, Earthquake/Geohazard Monitoring, Land Survey, decentralized Mapping, Metaverse Digital Twins, Location-Aware Smart Contracts, and Proof-of-Location and Time.
- GEOD: Native utility token used for fees, rewards, governance votes, and gas for location/time proofs.
Numbers and Figures
- Centimeter-level
About GEODNET: Unlocking the Power of Geospatial Data
Introducing GEODNET (GEOD): A Revolutionary Blockchain-Based Network
The Global Earth Observation Decentralized Network (GEODNET) constitutes a decentralized network of Space Weather mining stations, which provide real-time monitoring of the Sun’s solar winds and their impact on Global Navigation Satellite System (GNSS) signals. This data is leveraged to achieve centimeter-level positioning accuracy and nano-second level time accuracy in GNSS (GPS and other navigation satellite) signals. The traditional applications of these data services encompass Automotive/Autonomous Navigation, Agriculture/Construction Vehicle Machine Control, Earthquake/Geohazard Monitoring, and traditional Land Survey. Furthermore, blockchain applications include decentralized Mapping, Metaverse Digital Twins, Location-Aware Smart Contracts, and Proof-of-Location and Time.
GEOD is the native utility token, serving as the cornerstone of our ecosystem, and is utilized for:
- Remuneration for provisioning GEODNET data streams and services
- Incentives for Space Weather Miners
- Utilized for governance votes to determine the allocation of network resources
- Fuel for future native GEODNET blockchain location and time proofs