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StreetCred is building a blockchain-based marketplace for location data [TechCrunch Blog]

VERIZON COMMUNICATIONS (VZ)  More Company Research Source: TechCrunch Blog
Last verizon communications earnings: 10/23 07:25 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
PDF While applications like Google Maps and Yelp seem to provide an inexhaustible source of information about local restaurants, stores and other points of interest, they can also come up short — moments when you arrive somewhere only to discover that the hours you had were wrong, or the store is closed for a holiday, or it’s just shut down altogether. The team at StreetCred is trying to build a better system for gathering and selling that data. And it’s raised $1 million in seed funding from Bowery Capital and Notation Capital. CEO Randy Meech explained that if someone wanted to build the next Uber or the next Pokémon Go, they’d need location data to make it work. And while they could buy that data now, it’s “very difficult, very expensive.” Plus, he sees room for lots more data — while Foursquare has data about 105 million points of interest and Google has 100 million, Meech estimates that there are more than 1 billion POIs across the world, many of them in deve [Read more]

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