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What Is Geodb.com? (GEO) Complete Guide & Review About Geodb.com

What Is Geodb.com?

Geodb.com describes itself as a decentralized peer-to-peer big data sharing ecosystem, which aims to return value to its creators and users. GeoDB’s mission is to democratize the 260B Big Data industry and build an open ecosystem to establish better and trusted relationships between market participants while giving back control and value to data generators, the users. GeoDB aims to use blockchain technology to eliminate intermediation in a huge industry and drive a faster growth an adoption.

The live GeoDB price today is $2.04 USD with a 24-hour trading volume of $935,097 USD. GeoDB is up 44.23% in the last 24 hours. The current CoinMarketCap ranking is 552, with a live market cap of $44,138,578 USD. It has a circulating supply of 21,593,684 GEO coins and a max. supply of 1,000,000,000 GEO coins.

ODIN aims to create a decentralized infrastructure, which consists of a large number
of data providers whose data access is also decentralized performed by a large
number of validators.

Geodb.com Key Points

Coin Basic Information
Coin Name Geodb.com
Short Name GEO
Circulating Supply21,593,684 GEO
Total Supply300,000,000
Source CodeClick Here To View Source Code
Explorersetherscan.io
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Mission

Geodb.com Data has become the new digital oil. A high value asset class on top of which huge digital companies have built extremely profitable business models. But for some reason, undoubtable values were forgotten and left behind along the way. Privacy, control, transparency or value. YOU, the people, and their interests were abandoned. GeoDB is here to change this, building better and trusted relationships between market participants.

Articles

Geodb.com Smartkey, the blockchain-based integration platform, has taken another step in creating the future smart cities with a formal integration with GEODB, a peer-to-peer big data sharing ecosystem.

The implementation will see SmartKey initially deliver car and mobility data via GEODB to data buyers representing big data & market intelligence segments, such as About Goods, Abacus, Nisgo, Flame Analytics, or Datalytics, who will use it to provide data-driven analytics to leading global brands such as Carrefour, McDonald’s, Telefonica, Audi, and many others. Over time, Smart key will also provide smart city and smart home data, including utilities, weather controllers, pressure sensors, temperature gauges

Technology

Geodb.com same logic applies to the solutions that they , at GeoDB, are building. they are a company that develops a useful platform for the Big Data sector using DLT, and for that, they need much more than developing smart contracts or dApps. In practice, only one of every five members of the technical team focuses on the development of the DLT core, as there are many more tools that they are working on in order to create a solution that provides real value in the Big Data sector. In this section they introduce some of the tools that constitute or will constitute GeoDB’s solution. GeoFederation Using HyperLedger Fabric they are developing the necessary tools to deploy a permissioned federation

that will take care of information processing, storage and retrieval, ensuring that no member can misuse the data. Data Governance Once again using HyperLedger Fabric, they are developing a solution focused on giving users control over their information, allowing users themselves to share their information in the GeoFederation infrastructure and decide who can access it.

Ecosystem

Geodb.com comes to the market at a crucial time. Dozens of studies confirm that big data will be worth trillions in the next decade, and taking into account that big data needs verifiable and reliable information to obtain quality results, they can ask ourselves, why is nobody worried about guarantee that analytics are carried out using REAL information

With GeoMarket we propose a REAL alternative to manage how users provide their information and how data scientists obtain them. Thanks to DLT technologies we can create a trusted solution in which users can obtain a fair reward for their information and data scientists can perform their analytics using it.

GEO site

Geodb.com Essentially, GeoDB is a trusted solution for the storage and commercialization of data under a big data paradigm using DLT. For us, GeoDB will be a milestone in the current ecosystem, since it addresses several aspects that are often excluded in other solutions such as immutable storage of information or reward of users for providing it. the think it is something to be proud of.

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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.
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