Tag: ethereum

Blockchain news

FOAM – map with smart contracts

New-York: The FOAM application was appeared on the Ethereum network. Novelty constitutes maps on smart contracts` technology. The application works on the Proof-of-Location cryptographic method, using which, users register the points on the FOAM map. For the development of the map, users are awarded by system`s tokens. Representatives of the company note that it will be possible to withdraw tokens in 45 days after the launch of the protocol, but only those users who have added at least 10 points on the map will be able to cash them. Ryan John King, FOAM`s CEO, is confident that his novelty is

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