The My Place X system makes use of 3 important technologies; smartphone technology, GPS and Blockchain technology. We will be implementing a type of blockchain that effectively is an immutable distributed relational database. The user records the GPS coordinates using his smartphone. Since the accuracy of smartphone GPS is 6 m at best, the user also takes a photo of the residence. All this information, together with more traditional information, e.g. ID photo, name, surname, traditional address information (if available), is recorded and encrypted using the user’s private keys. More elaborate information, such KYC, ID number, etc are stored at a later date and linked to the original information block.
Note : Participating in token sales is risky, please do your research before contributing.
Notice to US users: Investing in an ICO may limit your recovery in the event of fraud or theft. While you may have rights under the federal securities laws, your ability to recover may be significantly limited.