Radiant Earth Foundation And ConsenSys To Boost Geospatial Data Accessibility Using Blockchain
Radiant Earth Foundation And ConsenSys Partner To Increase Accessibility Of Geospatial Data
The world is witnessing numerous humanitarian disasters. Many regions of the earth are grappling with floods, famine, earthquakes, wildfires, and many other disasters. Global aid organizations are doing their bit to help those in need amidst a wide range of challenges. One of these challenges is the lack of easy and quick accessibility to geospatial data.
Radiant Earth Foundation, an NGO that seeks to overcome this particular challenge, has partnered with ConsenSys to leverage the strengths of Blockchain technology to ease access to geospatial data.
The Current State of Access to Geospatial Data
Radiant Earth Foundation already has a complex system that grants large global humanitarian aid organizations and small NGOs access to geospatial data of regions all over the world. The only other alternatives to NGOs such as Radiant Earth Foundation are commercial firms that sell up-to-date geospatial data. The data is collected through a variety of techniques including geographical information systems (GIS), global positioning systems (GPS), and remote sensors (RS).
Commercial firms are obliged to provide their clients with licenses that allow them to resell and share the geospatial data. This comes in handy for collaborating NGOs. However, the whole sharing and reselling system is plagued by obstacles.
This is where the partnership between Radiant Earth Foundation and ConsenSys comes to play. Both firms hope to pool their resources to overcome the obstacles of sharing and reselling geospatial data.
A Solution Built on Blockchain Technology
Blockchain technology has soared in popularity for its security, transparency, and security traits. The platform grants authorized users access to data quickly and securely and prevents tampering. To this end, it is gaining popularity with financial institutions and even governments.
ConsenSys is a Blockchain software development company. It will be responsible for coming up with a Blockchain-based system that will act as a transaction ledge for NGOs and global aid organizations selling and sharing geospatial data. The proposed platform will be transparent and secure. It will maintain a comprehensive log of all transactions and make data accessible to everyone who needs it.
The ultimate goal of this new system is to overcome the complications associated with reselling and sharing geospatial data. By logging all transactions and making the logs transparent, buyers and sellers can avoid petty conflicts that often lead to blockage of data streams, thus increasing access to this crucial data. What’s more, all interested parties will be able to share geospatial data faster. This means that aid organizations can get access to the latest geospatial data necessary for coming up with the effective delivery of aid to inaccessible regions around the world.
Both companies hope that this will not only overcome the said challenges but also help ease disasters around the world through fast response times.
The recent partnership between Radiant Earth Foundation and ConsenSys comes as a huge leap forward for global aid organizations. By utilizing the benefits of Blockchain technology, global aid organizations can enjoy easier and quicker access to geospatial data and thus deliver aid to affected areas faster.