This week we're speaking with Ryan John King, co-founder and CEO of FOAM. FOAM Location is an open web3 protocol powered by an incentivized network of low power radios that offer secure location services independent of GPS and allows user to control and own their data in a privacy preserving way. Location services are an integral part of the global economy, but GPS technology is starting to show its limits. Issues like spoofing, multipathing, signal outages, third party collection and sale of user data and a fundamental lack of location authenticity are suppressing further marketplace growth for location services. The FOAM Location network provides a leading web3 solution with secure, fault tolerant and ubiquitous location services by combining an immutable blockchain ledger, self-synchronizing low-power radios, and a token incentive mechanism.
Recommended Reading: https://blog.foam.space/the-anatomy-of-a-zone-e8abc4ceca85
Kepler Haskell Cosmos SDK built by FOAM