How can I use the Geon Network?

Lady with Geon

How can I use the Geon Network? So you already know what GEON Network is. But how you can use it in your life or business? The beauty of this project lies in its versatility. GEON Network is a platform, which allows anyone to adjust it to their particular needs. There is no single use scenario and even those mentioned below, are only examples of what is possible. There truly are as many use cases as there are users. Let’s take a look at some examples: The one use case, that immediately jumps to mind, is marketing and advertising. A …

What is Geon Network?

Geon Netowrk

In short: Geon Network is a platform that delivers a brand new class of applications based on geolocation. We believe there are many industries across the world that will benefit from our innovative approach. One of the greatest opportunities is in communities with low average income and/or limited banking facilities. Like with other cryptocurrencies, the Geon Network enables value transfer between individuals. What makes Geon Network stand out though, is that the recipient does not have to have an address stored on the blockchain in order to receive funds. Instead, they simply provide a proof-of-location to validate the transaction on …

Expand Your Reality – Blockchain + AR

New ICOs pop up every day all around us. Some of them bring real value to the world in an attempt to enrich our lives. Others fail to do so. And many out of those valuable ones, are valuable in a bit of a “forced” way. They have to convince us of their usefulness. But every once in a while an unusual ICO comes about. An ICO, which you just GET. An ICO that inspires you to actually think of ways you could use it in your life. GEON Network is such an ICO. GEON Network describes itself as a …

Geon introduction

The broad adoption of most popular cryptocurrencies is hampered by many factors. A steep learning curve for end-users, low transaction throughput, regulation and few others top the list. We propose a solution, called Geon Network, which addresses some of these issues by providing a frictionless user experience and improved efficiency. It builds on top of a new generation blockchain and adds a thin service layer responsible for transaction optimization and batching. In addition, we introduce a new concept called geomining, which is based on proof-of-location and allows users to ‘mine’ a cryptocurrency based on their geolocation, rather than using expensive …