What is GeoDB?
Big Data is becoming one of the most valuable assets in the world, being exploited by small oligopolies. While you, the USERS, the real data generators are being left out of the equation. GeoDB will reward any user around the world for the data they generate.
GeoDB is a peer-to-peer big data sharing ecosystem powered by blockchain technologies. An open data marketplace that creates bridges between current isolated participants and which aims to solve the existing inefficiencies of the huge big data industry.
At one end, users upload their data to the ecosystem. In exchange, the network rewards them for that generated data. Meanwhile, at the other end, data buyers access the data pool and purchase those datasets.
Users receive GEO tokens in exchange for their anonymous data, which can later be exchanged for FIAT money (GBP, EUR, USD...) through our partner's market platforms in a normal trading activity or, once we launch our full network capabilities, use it to acquire goods and services, all directly in the same app in which they receive the tokens.
Please join our GeoDB community Discord server; our team and members of the community look forward to helping you to understand GeoDB.
This short video may help you as introduction to GeoDB:
How to create a new wallet?
Each new wallet has associated a name and is created from a private key. GeoCash generates a random private key and after that, the user has to encrypt this key with a password. This adds a security layer so nobody can use that private key without the encryption password. After that, the wallet is created and it is displayed the address, the mnemonic and the private key associated to the new wallet.
How can I obtain GEOs?
The way to obtain GEOs is by sharing your private data. The more data the user shares, the more GEOs he/she will receive.
WHERE YOU CAN EXCHANGE ?
CURRENT PRICE ?
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