ecosystem of geodata
tokenize the geoservices industry
The CBN Foundation has been established to build an ecosystem of geodata providers offering affordable geoservices to individuals, businesses, industry, and the public sector. The project team initiating the establishment of this Foundation has already built a prototype and a marketplace. Using data from multiple sources, we have piloted tokens in a project with the European Space Agency (ESA) enabling transactions between the ESA and international R&D communities. Using tokens authorized by ESA, academic and industrial researchers from around the world can procure satellite data-as-a-service or software-as-a-service from data providers and satellite operators. Inspired by the success of that project, we seek to build a broader decentralized network and tokenize the entire geoservices industry.
What we’ve done so far
Developing the Foundation, building the CBN, introducing the CEVEN token as the marketplace internal currency. Developing a smart contract concept and defining the development plan for transitioning the existing order orchestration into the decentralized network.
Duration: 12 months
Development and launch of the smart contract structure and protocols for interfacing the order orchestration to the decentralized partner modules (data archives, analytic modules, Cloud resources, Service modules, etc.).
Estimated Duration: 12 months
Development and launch of smart contract end-to-end system, which will eventually replace to a large extend the centralized order orchestration system.
Duration: 12 months
Decentralizing spacebased earth observation – enabling geoservices for the internet of things & mobility.
We have launched this blockchain venture to be on the forefront of data collection and the provision of location services critical to expanding the Internet of Things (IoT) and development of Artificial Intelligence (AI).
As the number of machines and services that demand connectivity and geographic monitoring increases, the geoservices sector is estimated to generate $150–$270 billion of revenue globally and is projected to expand incrementally.
The CLEO Blockchain Network (CBN) enables crowdsourcing, machine-to-machine communication, and the exchange of geospatial information through automated transactions, which include geodata, software and IT infrastructures. The use of existing geodata and platform services, contribution of new data, development of new applications, and seamless interaction is provided on the CBN through ‘smart contracts’.
Using the technical capacity of smart contracts (tokens) to run an integrated, immediate exchange of content and funds through one automated transaction is needed in order to make the smallest transactions (‘micro-geoservices’) and crowdsourcing feasible. Synchronizing the collected data is then critical to providing data for the Internet of Things (IoT), which otherwise may not be successfully driven by disperse and limited geocontext.
get detailed information
There are few technical developments which have changed more the way humans see the world than actually watching at it from above from satellites. Having the means to monitor the earth surface on a regular basis and combining these data with other data of geo context will affect almost every part of human activities.
Access to free data is one thing. Finding the right images, processing them and generating meaningful information from them is another. Join this live webinar to learn more about extracting critical information to develop leading geoanalytics products from Landsat-8 data.
Blockchain technology and smart contracts will be the stepping stone for a significantly higher grade of automation in many industries. By enabling machine to machine payments the entry barriers to a business environment where machines become counterparties to machines will be drastically reduced and eventually fall.