Review on FOAM by Pedro O. Alvino M.
Decentralized location data platform without satellite
Given the existential problems in location data and GPS location hacking, FOAM promotes the initiative to provide location data tools without satellite, this works as a decentralized network that in conjunction with the Ethereum network distributes the location data service either for an application or a user.
The elements that make up FOAM, the protocols are designed to provide spaces, protocols, standards and applications that bring geospatial data to blockchains and empower a map based on the consensus of the world, in addition the token mechanism supports the economy of the elements of FOAM and empowers distributed users to coordinate and interact in a decentralized way
Pros
- Open protocol for geospatial data markets.
- Has an open supply chain network for any user
- Sets physical addresses to have a corresponding smart contract address that is accessible to decentralized applications.
- The FOAM CSC can act as a reference point for spatial events that work for any type of transaction in Ethereum or other Virtual Ethereum.
- Compatible for IoT device networks
Cons
- It will be difficult for the community to accept this project as a method of location data markets, given the great dominance of Google Maps.
