The Interesting Thing About GoWithMi
GoWithMi is aiming to develop the first ever comprehensive decentralized location-based services (DLBS) system. A total reliable geospatial value exchange services for global commerce from computing, data, commercial ecological to personal terminal is what GoWithMi is offering. With this, value will flow in through several dimensions, in a much safer and smarter way. The development of GoWithMi will contribute to making blockchain application a reality to the economy through their key project.
The geospatial consensus ecological system of GoWithMi is made up of spatial computing power network. That is not all as it also includes geospatial consensus data production. Business application sharing support platform as well as self-organizing geospatial asset node make up the geospatial consensus of GoWithMi. Consensus map platform, Super oracle, and Integrated DLBS, based on the algorithm network to galvanize participation and achieve benefit for all stakeholders, compatible with all blockchain platforms, support all applications that offer retrieval location-based services and at the same time enables the offline business to exploit the potentials of the new era of programmable business.
Conventional centralized map services is not immune from a number of obstacles as unpalatable real-time update, unrealistically rising costs of data, obscure revenue models, oligopoly, feeble guaranteed privacy with nonchalant service for the end users make up some of the barriers hindering centralized map services. There is also the problem of efficient blockchain-based reliable location-based services not being available. In view of this, and to address these challenges, GoWithMi has conceptualized a unique cross-platform and cross-chain decentralized location-based service systems that has been programmed to secure and positively impact on the lapses mapping services experience today.
GoWithMi offers a groundbreaking “three-in-one” solution: location-based profit sharing, spatial consensus, and space co-governance. Utilizing the GoWithMi spatial consensus feature is geared to boost the entire management of spatial information from production down to distribution in line with stakeholders within the system in way that will map the world in real-time.
GoWithMi seeks to make sure that members of the ecosystem are well rewarded and this is where the concept of location-based profit sharing comes in. The location-based profit sharing exists on the platform to give access to comprehensive ownership rights for each and every stakeholder. The critical role of governance is taken into account in this case and it is expected that the co-governance model will facilitate a healthy and stable ecosystem going forward.
One of the most effective tools used in the most appropriate blockchains is cross chain interoperability and this is because it offers an instant scaling solution and distinct technological flexibility for easy deployment of tools on blockchains.
As a result, GoWithMi is making it a viable effort to build and develop smart contracts that will run over several blockchains in a bid to exploit the dividends offered by cross-chain deployments. The success of this will boost additional features across the mapping ecosystem including but not limited to location intelligence as well as many other potential commercial applications. Asides from the fact that GoWithMi guarantees universal map services, it also intends to restore data sovereignty to stakeholders and protect user privacy. Consequently, it will lead to a smarter, equal, and self-evolving data trusted society in which every participant will benefit from the value they invented and everyone has the right to exploit from the economic growth they contribute.
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Author - Coltpython
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