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

Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000…

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News
Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000…
Read More

Continue Reading
Crypto Currency

Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research

New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out…

New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out…
Read More

Continue Reading
Crypto Currency

Bitcoin Eyes New Upside as Gold Rally Cools and Historical Rotation Pattern Returns

TLDR: Gold is stabilizing near record levels, renewing discussion about capital rotation into Bitcoin markets. Historical cycles show Bitcoin rallies often followed periods when gold reached new all-time highs. Bitcoin trades near $63,962 as investors assess whether another rotation phase is developing. Traders remain focused on macro conditions that could support or challenge the gold-to-Bitcoin

TLDR: Gold is stabilizing near record levels, renewing discussion about capital rotation into Bitcoin markets. Historical cycles show Bitcoin rallies often followed periods when gold reached new all-time highs. Bitcoin trades near $63,962 as investors assess whether another rotation phase is developing. Traders remain focused on macro conditions that could support or challenge the gold-to-Bitcoin […]
The post Bitcoin Eyes New Upside as Gold Rally Cools and Historical Rotation Pattern Returns appeared first on Blockonomi…
Read More

Continue Reading
Crypto Currency

Bitcoin rally to $70K builds as orderbook structure highlights traders’ confidence

A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target…

A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target…
Read More

Continue Reading