Decentralized space weather mining improves navigation and blockchain.
Space Weather stations track solar winds' impact on GNSS signals, enhancing GPS accuracy for navigation, mapping, and various applications.
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What is GEODNET (GEOD)?
A decentralized network of space weather mining stations that continuously monitor the Sun’s solar wind effects on the Global Navigation Satellite System (GNSS). This data allows for precise correction of GNSS signals, achieving centimeter-level positioning accuracy and nanosecond-level timing precision. Typical uses include automotive and autonomous navigation, precision agriculture and construction vehicle control, earthquake and geohazard monitoring, and land surveying. In blockchain applications, this data underpins decentralized mapping, digital twins in the metaverse, location-based smart contracts, and proof-of-location and time verification.
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GEODNET price live information
As of now, GEODNET is trading at 0.1579 USD, with a 24-hour trading volume of approximately 124.95K USD. The GEOD to USD price is updated in real time. Over the past 24 hours, GEODNET has increased by 1.51%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 50.08M USD. Currently, there are 317 164 483.62 GEOD in circulation out of a maximum supply of 989 289 568 GEOD.
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