Description
StreetCred is a blockchain-based platform aimed at disrupting the local data collection, verification, and sharing ecosystem. It introduces a decentralized marketplace where individuals can contribute and validate Point of Interest (POI) data, such as locations, hours of operation, and other critical information, earning cryptocurrency as compensation. This approach ensures the aggregation of high-quality, accurate, and up-to-date data, addressing the current challenge faced by businesses, consumers, and application developers due to restrictive, expensive, and often outdated place data controlled by a handful of companies. By leveraging the collective knowledge of its community, StreetCred promises to maintain a comprehensive, globally relevant database that improves access to reliable local information, crucial for various sectors including navigation, real estate, and location-based services. This project not only enhances the utility and usability of local data but also democratizes access to it, fostering innovation and development while supporting a token-based economy to reward participants fairly.
StreetCred is a blockchain-based platform aimed at disrupting the local data collection, verification, and sharing ecosystem. It introduces a decentralized marketplace where individuals can contribute and validate Point of Interest (POI) data, such as locations, hours of operation, and other critical information, earning cryptocurrency as compensation. This approach ensures the aggregation of high-quality, accurate, and up-to-date data, addressing the current challenge faced by businesses, consumers, and application developers due to restrictive, expensive, and often outdated place data controlled by a handful of companies. By leveraging the collective knowledge of its community, StreetCred promises to maintain a comprehensive, globally relevant database that improves access to reliable local information, crucial for various sectors including navigation, real estate, and location-based services. This project not only enhances the utility and usability of local data but also democratizes access to it, fostering innovation and development while supporting a token-based economy to reward participants fairly.
