FOAM Is Live: Decentralized World Map Launches on Ethereum


FOAM, which aims to build a reliable, resilient world map using smart contract technology, announced that the decentralized application (dapp) has launched on the ethereum blockchain and is already «seeing the first users populate the map.»

Speaking to CoinDesk in June, FOAM co‐founder and CEO Ryan John King explained the motivation behind the dapp, saying «people think location is a solved problem.» Rather, King argued, centralized mapping services like GPS – which is owned by the U.S. government and operated by the Air Force – are ultimately vulnerable and unreliable.

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