Technology
Geodnet architecture
The Geodnet architecture is fully described in the whitepaper. The Geodnet Organization (GeoDAO) is responsible for distributing key source code and technical documents, promoting the project, and organizing review of Improvement Proposals (GIP).
Blockchain is the supporting layer, with the smart contract and token enabled. On top of that, the service module, market module, and governance module are defined as smart contracts in the blockchain. These modules can be executed and monitored in a decentralized way.
Application interface on top of the blockchain will be provided for actual applications such as drone auto-pilot, autonomous driving, etc. Entities such as user, service provider, and base station interact with the application interface to perform blockchain operations.
Blockchain is the supporting layer, with the smart contract and token enabled. On top of that, the service module, market module, and governance module are defined as smart contracts in the blockchain. These modules can be executed and monitored in a decentralized way.
Application interface on top of the blockchain will be provided for actual applications such as drone auto-pilot, autonomous driving, etc. Entities such as user, service provider, and base station interact with the application interface to perform blockchain operations.
Geodnet Blockchain setup
Geodnet is built as an independent public blockchain. However, the Geodnet blockchain will also peg into another public chain for added security. A good candidate is a public blockchain with smart contract support. Before the Geodnet blockchain is ready and running, the Geodnet token is created as an ERC20 smart contract inside the target blockchain. Geodnet blockchain will be a public chain solution with multi-layer architecture focusing on real applications.
Geodnet will operate on its independent blockchain system. Geodnet blockchain will utilize customized consensus protocol to provide fast processing power and support a large number of consensus nodes. It will also adopt the two-layer architecture to enable scalability.
Geodnet will operate on its independent blockchain system. Geodnet blockchain will utilize customized consensus protocol to provide fast processing power and support a large number of consensus nodes. It will also adopt the two-layer architecture to enable scalability.
Fast processing
Multi-layer support
High TPS
Heterogeneous p2p
Whitepaper
[Abstract]
Location-aware IOT device or mobile device plays a vital role in many of its applications, whose market is expected to reach a value of USD 1,386.06 billion by 2026 from USD 761.4 billion in 2020 at a CAGR of 10.53%. Using blockchain technology to secure elements of a location service infrastructure, we can invite a community of business partners to leverage Geodnet as the platform to build out the most extensive RTK network and provide centimeter-accurate location service while enjoying the economy of scale in cost, reliability, and accuracy.
Geodnet Whitepaper
April 2021
PDF | DOWNLOAD
