Ontology Makes GoWithMi Blockchain Location Service Investment to Develop Decentralized Land Rights
The GoWithMi application that has been designed as a location-based service that is decentralized has gone ahead to partner with Ontology.
The company has been able to receive various investments from the Ontology, and from this, both sides have decided it is time that they worked together on the digital land rights plus the decentralized location-based services.
What to Know About the GoWithMi?
The company has already been able to reach its strategic cooperators with a couple of partners. It is the likes of China’s Beidou the Civil Center; the Grab which has been considered to be the largest Southeast Asia travel sharing company; the Gojek which is Indonesia’s 020 largest service platform.
The Akulaku a large consumer leading company in Southeast Asia; the Shopee the largest e-commerce in Indonesia; the Zoomy a huge mobile advertising company in Indonesia, as well as Toyota, Honda and several other industry-leading companies.
The GoWithMi has been designed in a manner it is able to integrate the location-based oracles, services plus the consensus maps.
The company is solely dedicated to ensuring it is able to complement the missing components which are vital to real businesses that need to adopt the blockchain technology quickly. An excellent example of the company technology in use is the Asian Games in Indonesia back in 2018; the GoWithMi company was able to launch the Asian Games Smart Map app, which was able to provide users with real-time navigation services for the games they play.
A lot to be Offered With the Partnership
With the cooperation with the Ontology company, the GoWithMi platform will be able to receive the needed technical support; thus, both parties will have the opportunity to focus on the digitalization of the land rights, this is with the use of the Ontology public chain. Additionally, both companies will be able to get into co-marketing activities within the Indonesian market.
In June of this year, it is expected that the ONT will officially be added as a payment channel for various users.
With the development of location-based services, they are able to connect the real worlds with the virtual one, and these have been regarded to be one of the three essential services that you can get on the internet.
But, within this vibrant industry, there are still some pain points, it is the likes of compulsory collection of data, ignoring the data sharing rights, the cost that is associated with the centralized data collection, there is also very poor real time data that is offered, together with the imbalance of quality services.
But with companies working together in the aim of building cross-platform decentralized locations that are based on the service infrastructure, consensus maps, and oracles, then both parties will be in a position to create a plan. And the plan could include allowing the regional members to easily participate in the ongoing production, management and distribution of information, plus be able to gain some rewards for taking part in the location-based services that are offered, the off chain activities and the on chain governance.
There is a lot for Users to Expect
The GoWithMi has been able to reach a very strategic investment support from the different well-known investors within the market together with institutions, a good example is like Dr. Chuang Tao, who has been an expert in global mapping, the Manzi Venture Capital, Leo Wang of the PreAngel Fund, the Consensus Lab, just to name a few.
The company app was able to surpass the 1,200,000 downloads in just Indonesia, and from here it aims at attracting about 10,000,000 users within Southeast Asia this year.
— Ontology (@OntologyNetwork) March 4, 2019