Onocoy: Enabling Mass Adoption Of High Precision Positioning
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Onocoy
Crypto project for precise GNSS data via Web3, building global network
Crypto project for precise GNSS data via Web3, building global network
Lesson 2.5
Onocoy: Enabling Mass Adoption Of High Precision Positioning
Onocoy aims to transform high-precision positioning technology by using blockchain and a community-driven approach. Their focus is on enhancing Real-time Kinematics (RTK) technology to achieve centimeter-level GNSS accuracy.
Onocoy addresses industry challenges like high costs, redundant infrastructure, and limited service availability by proposing a decentralized model. This includes sharing reference station infrastructure, using blockchain for network operation, and community-based governance.
Their approach promises global coverage, reduced costs, increased resilience, and expanded market reach, making high-precision positioning accessible across various industries like agriculture, robotics, and autonomous vehicles.