GPS of the blockchain world — TIM is bringing consensus & usage

TIM COIN
2 min readDec 30, 2017

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TIM GPS powered blockchain

Geo-location is the most valuable sensor in smartphones, often after camera. And they are most used for security and authenticity. Banks monitor the location of your credit card usage points to secure you against frauds. Because fraudulent transactions often are out of line from your location trails. GPS enabled mobile apps provide better experience and returns due to localization. The location awareness is important for sharding and load balancing the applications. Without location awareness, applications behave as a single cell unit. Location can be extracted from smartphone sensors or ip address or ISP metadata.

GPS business case for blockchain

TIM is using both IP and GPS information to postmark the nodes. These nodes act as network authenticators.

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TIM COIN

The Internet of Money (TIM) is an internet grade blockchain providing 100 Million Txns/Second. WWW.TALKING.IM