Status (SNT) To Add FOAM Blockchain Proof of Location Geospatial Features To Its App
Earlier this week, Status (SNT) announced that it will partner up with FOAM to integrate the latter’s geospatial functionality into its Ethereum-based mobile operating system. SNT is a mobile operation systems designated for the Ethereum network, while FOAM is open standard used to identify a use’s location on the Ethereum network. The news was first posted on the official Twitter account of Status.
Furthermore, the announcement revealed that the two institutions will work together to ensure that all FOAM protocols are incorporated into Status, and that they are fully functional. Fundamentally, this partnership will enable Status to leverage the geospatial capability of the FOAM solution, allowing end-users to enjoy additional opt-in features.
The ultimate goal of the Status mobile operating system is to facilitate the universal accessibility of decentralized applications (DApps) built on the Ethereum blockchain. However, for this to be realized, the OS must have the user’s locational data, an issue that will be addressed by the integration of the FOAM protocol.
Last month, Status released a major system update (alpha version) that allows users to access the mainnet as a test option. Besides, the update also made the platform compatible with both hierarchical deterministic and mnemonic wallets, as well as introducing the support for conversion of crypto to fiat currency. The Status digital currency has recorded an impressive performance of late, being ranked in the top half of the AltDex 100 Index, a benchmark for the world’s leading cryptocurrencies.
Status is a mobile operating system for the Ethereum blockchain. It includes a mobile browser that enables its users to access decentralized applications on the Ethereum network. Additionally, the OS also has a secure messaging platform and an ETH digital wallet for both Android and iOS smartphones. Lastly, the OS developers are working on the inclusion of an NFC receiver to facilitate transactions in virtual currencies.