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

US Brokerage Platform Alpaca Secures US$435 Million, Including Debt from Kraken Parent and BMO

Alpaca has secured US$435 million in a new financing package, which includes US$300 million in debt financing from Payward, the parent company of major cryptocurrency exchange Kraken, and Canadian bank BMO. The remaining US$135 million consists of equity in a funding round led by Peak XV with significant participation from Elefund…

Alpaca has secured US$435 million in a new financing package, which includes US$300 million in debt financing from Payward, the parent company of major cryptocurrency exchange Kraken, and Canadian bank BMO. The remaining US$135 million consists of equity in a funding round led by Peak XV with significant participation from Elefund…
Read More

Continue Reading
Crypto Currency

Trump media to sell faster access to president’s Truth Social posts

Trump earned at least $1.2 billion from his family’s cryptocurrency activities last year, according to filings released in June. The post Trump media to sell faster access to president’s Truth Social posts appeared first on Vanguard News…

Trump earned at least $1.2 billion from his family’s cryptocurrency activities last year, according to filings released in June.
The post Trump media to sell faster access to president’s Truth Social posts appeared first on Vanguard News…
Read More

Continue Reading
Crypto Currency

Ripple Says CLARITY Act Protects Crypto Users as Senate Vote Nears on Landmark Bill

Key Takeaways: Ripple’s stance is that without the CLARITY Act, cryptocurrency investors are susceptible to regulatory loopholes and fraud. The proposal would set out the SEC’s and CFTC’s regulatory requirements The post Ripple Says CLARITY Act Protects Crypto Users as Senate Vote Nears on Landmark Bill appeared first on CryptoNinjas…

Key Takeaways: Ripple’s stance is that without the CLARITY Act, cryptocurrency investors are susceptible to regulatory loopholes and fraud. The proposal would set out the SEC’s and CFTC’s regulatory requirements
The post Ripple Says CLARITY Act Protects Crypto Users as Senate Vote Nears on Landmark Bill appeared first on CryptoNinjas…
Read More

Continue Reading
Crypto Currency

CLARITY Act Nears Senate Vote as Ripple Pushes for Clear US Crypto Rules

The CLARITY Act is approaching a pivotal stage in the U.S. Senate as Ripple, Coinbase, and other industry leaders push for its passage before Congress begins its August recess. Lawmakers continue negotiating key provisions that could shape the future of U.S. cryptocurrency regulation…

The CLARITY Act is approaching a pivotal stage in the U.S. Senate as Ripple, Coinbase, and other industry leaders push for its passage before Congress begins its August recess. Lawmakers continue negotiating key provisions that could shape the future of U.S. cryptocurrency regulation…
Read More

Continue Reading