RATE Group | How Cardano (ADA) Will Use GeoGnomo To Enhance Interoperability & Standards
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How Cardano (ADA) Will Use GeoGnomo To Enhance Interoperability & Standards

01 Sep How Cardano (ADA) Will Use GeoGnomo To Enhance Interoperability & Standards

Posted at 17:13h in Ethereum News by

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GeoGnomo is an open source project by Long Finance’s Distributed Futures research programme.

The idea is proudly financed by Cardano (ADA) foundation and it is targeted towards researching and sharing methods employed in smart ledger geostamping. It enjoys progress owing to its ways of recording areas that also aid efficient retrieval.

It is no doubt that applications needs to go beyond storing transactions (timestamping), they requires geolocation information. This has led to the rise of ‘geostamping. Geostamping is seen as a combination of timestamping and geolocation information.

How It Works

The innovation, GeoGnomo, has built-to-share 3 approaches for recording areal information:

A Quaternary Triangular System.

Quaternary Rectangular System.

A Variable Rectangular System.

All this can be used to record geographic areas into a blockchain by generating source code, and an online translation from latitude & longitude areas to geocodes.

In this wise the blockchain use case has an…

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