Crypto Currency

StreetCred Is Challenging Google Maps—and It Wants Your Help

New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where…


New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where I work.”

Ting was one of 761 New Yorkers who downloaded, played with, and occasionally became obsessed with an app called MapNYC this fall, vying for their share of an 8-bitcoin prize (worth about $50,000 at the time). The month-long contest, run by a new mapping startup called StreetCred, was really an experiment. StreetCred’s main research question: How do you convince regular people to build and verify mapping data?

It turns out that the maps that guide you to the nearest Arby’s, or help your Lyft driver find your house, don’t just materialize. “I took mapping for granted until I started the competition,” Ting says, even though she pulls up Google Maps at least twice a day. “But it’s such an inconvenience if the info on the map is wrong, especially in a place like New York, that’s changing all the time.”

For regular folk, detailed, reliable mapping info is helpful. For businesses, it can be crucial. Some want to be found when a map user searches for the nearest sandwich shop. Others use products that rely on base maps—think Uber, the Weather Channel, your car’s navigation system—and require up-to-date location data. “One of the huge challenges to any geographic database is its currency,” says Renee Sieber, a geographer who studies participatory mapping at McGill University. That is to say, yesterday’s map is no good to anybody doing business today.

Validated and unvalidated data points in Queens, New York, a few weeks before the conclusion of the MapNYC contest. StreetCred CEO Randy Meech says he suspects Uber and Lyft drivers were adding this data as they picked up, dropped off, and waited for fares near John F. Kennedy International Airport.

StreetView

StreetCred sees that as an opportunity. “There’s a lot of companies, none of whom I can name, who have location data, and that data needs improvement,” says

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday…

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday…
Read More

Continue Reading
Crypto Currency

FX Bots in the Blockchain Era: How AI-Driven Trading Automation Is Crossing From Crypto Into Currency Markets

AI-driven trading bots are transforming the traditional foreign exchange (FX) markets by incorporating the infrastructure of high-frequency execution, non-custodial smart contracts and the multi-asset prediction systems that were originally perfected in the cryptocurrency sector. This modern amalgamation of AI, blockchain technology and currency trading is consistently dismantling the outdated…

AI-driven trading bots are transforming the traditional foreign exchange (FX) markets by incorporating the infrastructure of high-frequency execution, non-custodial smart contracts and the multi-asset prediction systems that were originally perfected in the cryptocurrency sector. This modern amalgamation of AI, blockchain technology and currency trading is consistently dismantling the outdated…
Read More

Continue Reading
Crypto Currency

US Seizes $25 Million in Crypto Linked to Global Fraud Schemes

US authorities seized more than $25 million in cryptocurrency linked to international fraud networks that targeted victims across the United States and Canada. The latest action is part of a wider effort that has recovered over $800 million. US Agents Seize $25 Million From Crypto Scam Networks US Attorney Jeanine Ferris Pirro said the seizure

US authorities seized more than $25 million in cryptocurrency linked to international fraud networks that targeted victims across the United States and Canada. The latest action is part of a wider effort that has recovered over $800 million. US Agents Seize $25 Million From Crypto Scam Networks US Attorney Jeanine Ferris Pirro said the seizure
The post US Seizes $25 Million in Crypto Linked to Global Fraud Schemes appeared first on BeInCrypto…
Read More

Continue Reading
Crypto Currency

Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence

Bitcoin Magazine Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence With no capital gains tax on Bitcoin, no wealth or inheritance taxes, and competitive incentives for tech businesses, the reform solidifies El Salvador’s status as a Bitcoin-friendly jurisdiction targeting entrepreneurs and families…

Bitcoin Magazine

Bukele’s Reform Makes El Salvador a Top Tax Haven: 0% on Foreign Income and Bitcoin Gains with Minimal Presence
With no capital gains tax on Bitcoin, no wealth or inheritance taxes, and competitive incentives for tech businesses, the reform solidifies El Salvador’s status as a Bitcoin-friendly jurisdiction targeting entrepreneurs and families…
Read More

Continue Reading