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

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Crypto Currency

Arrest, Detention Of Binance Executives A Proof That Govt Is Working — Obanikoro

Former Minister of State for Defence, Musiliu Obanikoro, has said that the arrest and detention of two executives of cryptocurrency trading website Binance is an evidence that the President Bola Tinubu administration is working to stem security challenges in Nigeria. Obanikoro, a former lawmaker who represented Lagos Central Senatorial District from 2003 to 2007…

Former Minister of State for Defence, Musiliu Obanikoro, has said that the arrest and detention of two executives of cryptocurrency trading website Binance is an evidence that the President Bola Tinubu administration is working to stem security challenges in Nigeria. Obanikoro, a former lawmaker who represented Lagos Central Senatorial District from 2003 to 2007…
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Crypto Currency

FINALLY! Binance Exits Nigerian Market

Binance, the world’s largest cryptocurrency trading platform, has announced its decision to exit the… The post FINALLY! Binance Exits Nigerian Market appeared first on NaijNaira…

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The post FINALLY! Binance Exits Nigerian Market appeared first on NaijNaira…
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Crypto Currency

Bitcoin price soars to B2.37m on Bitkub

The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year…

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After FTX scandal plagued crypto, Bitcoin bounces to all-time high

Bitcoin briefly hit an all-time high Tuesday morning — with the world’s largest cryptocurrency surpassing $68,800, according to CoinMarketCap. That’s just above bitcoin’s previous record set in November 2021. The price of the volatile asset is up almost 200% …

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