Over the past few months, the Fysical team has been traveling around the world to educate people on our product and technology. Along the…
Over the last 12 months the location services market has grown substantially which has led to an influx of companies entering the space. There are now hundreds of companies that sell some form of location data. Most of the demand for location data is in marketing, but financial services, real-estate, and AI have become increasingly attractive.
The increased competition in this market has had its benefits, notably in the increased awareness of location data use cases, but the rush of companies has led to some mass inefficiencies in the market. For example, there is a clear lack of transparency on how data is generated and who generated it, with only word of mouth promises and marketing pitches to confirm a dataset’s quality.
This has stifled adoption from many leading companies that could benefit from location data, especially for companies working with AI and machine learning which depend on high quality data.
Over the last year, Fysical has been working on how we can solve these problems inherent in this growing data market, and we’re excited to announce a solution:
We’ve found there is only one way to help data buyers acquire high quality data, with complete transparency, and without placing trust in a centralized third party, and that’s through the blockchain.
Fysical is a blockchain for the location data market. It provides an open, transparent, and highly efficient way to obtain data on how humans move through the physical world.
What is Blockchain?
Blockchain is technology that offers a digitized, decentralized, public ledger of the exchange of data. Its decentralized nature means no single person or company controls data entry or its integrity, and its method “chains” together data entries so that they cannot be modified later. Blockchain provides a way for large groups of unrelated companies to jointly keep a secure and reliable record of the exchange of data.
For location data to provide value, it needs to be highly accurate, privacy compliant, and contain information about how the data was generated, and who generated it. Blockchain provides this, without the presence of a centralized authority, in a trustworthy and scalable way.
For data buyers, blockchain enables audit trails, facts about the origin of data, and therefore greater confidence in the integrity of data purchased.
For data suppliers, blockchain provides full transparency on data usage, clear ownership rights on data, and therefore greater trust in sharing data.
Fysical is a protocol
Importantly, Fysical is a blockchain protocol and remains neutral in the space, allowing any data buyer or data supplier to utilize its blockchain directly.
Fysical will continue to offer robust tools and an exchange to make it easier to buy and sell data using the Fysical protocol.
We’re excited to announce Fysical to the community and we encourage anyone interested to reach out and learn more.
Check out our Website: Fysical.org
Join our Telegram Community to chat live with the team here: https://t.me/fysical
Follow Us on Twitter: https://twitter.com/FysicalProtocol
Keep up to date on our Blog at: https://medium.com/fysicalblog
The founders of BiFrost have known that if we wanted to build a new currency that grew to take on a life of its own, it must have a purpose.
Over the last several months, hundreds of coins have been launched only to make the same promises.
“Fast, Inexpensive, and anonymous transactions!”
Since all masternode coins fork from DASH in some way, we all make those same promises.
We need something more!
Many investors know, based on experience, that most coins will go nowhere. Sure, you can make some money by investing in them. However, it requires timing to buy early and cash out quickly. Then watch to see if the coin actually innovates in a productive fashion.
99% Do not!
They quickly fade away and become just another entry on the MNO list. Returning a passable ROI, in coins, but not enough money to cover the cost of running…
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BIFROST COIN (FROST) is pleased to announce that we have been added to the GIN Platform effective immediately!
We thank GIN for the opportunity to form a partnership to make obtaining Masternodes extremely simple. One click and you are done!
The GIN Platform provides cryptocurrecy investors with an easy way of creating and deploying their own masternode(s) – regardless of their technical abilities.
What is the GIN Platform?
The GIN Platform is a web application that allows you to create cold wallet masternodes for masternode coins, without having to deal with servers, terminals or Linux. This lowers the entry barrier to the masternodes market for non-technical people.
How does it work?
The platform automatically creates and configures the masternode server for you in the background. At certain points you are asked for input that…
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Facebook is reportedly shaking up its management team in a gigantic way today — and according to Recode, the head of the company’s popular Facebook Messenger app will now be in charge of “a new internal team dedicated to exploring blockchain technology.”
Recode reports that several prominent Instagram executives will be joining the blockchain team as well.
Before speculation led to the skyrocketing market capitalizations of crypto-currencies over the past year, online crime was a significant driver of the commercial value of Bitcoin, Ethereum and other digital currencies.
“Providing lightning fast, secure technology to bridge the gap in cryptocurrency transactions.”
See all the specifics on WEBSITE: http://www.bifrostcoin.io/
Join the Discord Community with any questions: https://discord.gg/t7NGAd
Please Join the Discord Community with any questions: https://discord.gg/t7NGAd
RBI directive proved opportune for a lot of traders who used dip in bitcoin and other virtual currency prices to their advantage by buying even more and holding it in their private wallets rather
Pantera Capital Management, a hedge fund with a focus on cryptocurrencies, said in their April newsletter that Bitcoin’s (BTC) price of $6,500 was probably the low for the cryptocurrency, and that it was “highly likely” BTC’s price will reach above $20,000 this year, the Wall Street Journal(WSJ) reported Friday, April 13.
Ethereum co-creator Steven Nerayoff says the cryptocurrency’s value could triple in 2018. Ethereum co-creator Steven Nerayoff said businesses in a wide variety of industries are starting to take note of what value ethereum’s protocol could offer them. Nerayoff attributes increased usage to ethereum’s ability to process transactions more quickly and cheaply than its rival. Nerayoff said increasing interest in cryptocurrency will stimulate value for ethereum in 2018, regardless of whether it overtakes bitcoin.