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.
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