Blockchain Mapping: What it Means and What Future Does it Have?

Although the blockchain industry is widely used, there are limitations with the currency digital maps. While interactive maps’ currency capacities are nothing less than impressive, they can still run slow, be inaccurate, expensive to keep, and also invasive to the users’ privacy.

If you’ve ever taken a road trip or tried to find a business you’ve never been to before, then you definitely know the value of interactive, real-time mapping software. Current systems essentially use GPS to locate your location on Earth and map it to the interactive database of roads and locations that can be shown on your mobile device. The system definitely works well, and it is continually enhancing.

What are Some Limitations of the Current Mapping Systems?

There are a few disadvantages to the current digital maps. Firstly, although they are effective in real-time, the speed that can map can monitor you and load information regarding your route will be limited by the numerous moving parts of the network, which can produce a variable experience. Moreover, because of the limitations on how accurate the system can be, it can mistakenly place you in the wrong location or on the wrong road.

Then, there are the costs for maintenance. The interactive maps are usually generated by teams who take out some vehicles to chart regions and update the data. This is costly and time-consuming because of the ongoing process with updates to road construction and local business changes. Practically, this is why big firms like Google can offer these services, as they have the money to support the system.

Speaking of Google, most users know that the current models track and store the location info of those using their products, which is a direct violation of privacy. Unfortunately, using these products forces you to accept that a third-party could know where you are and have been at all times.

How Can Blockchain Improve Digital Maps?

Now with blockchain technology, it should be feasible to tackle all these issues and develop a fast, dependable global mapping system that is also completely private for all users. A new kind of Internet-based map can be created by leveraging the power of decentralized technology and other powerful network protocols.

Having all the information hosted on a blockchain can likely enhance latency significantly, as DApps can cross-reference data from your device, sensor, and blockchain information, which means less data transmission and less processing.

Moreover, because of the trustless verification systems utilized in decentralized ledgers, users can have good faith that these applications have precise and updated information that basically cannot be messed with. Because there is no primary authority to process and publish the data, the whole system can move and react to changing conditions in almost real-time.

Lastly, because of the cryptographic type of these networks, user information is private. There is no need to unveil your location to a big corporation that then harvests your information. Users have complete control of what parties and entities can access their info, and the whole system is fully transparent as to what is being shared. This gets rid of the burden of location services prying into people’s lives.

The Bottom Line

While new projects show up all the time that address this kind of issues in new ways, there are already a few big players defining this industry. Some of the most popular projects include FOAM, Hyperion, and XYO. ‚ÄčEvery one of these projects has a lot in store. Their websites offer roadmaps for improved features, expanded reach, and how they plan to scale their systems. Overall, it is probable that one or multiple forms of the blockchain-powered map will become the new standard, but it is not yet clear which projects will manage to achieve this first of being publicly adopted.

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