ICO Today Magazine News
Soar is a decentralised platform for high-quality drone content that connects customers with content creators in a secure, trustless and distributed blockchain community. The global commercial drone market is predicted to reach the billions by 2020 and Soar seeks to be then platform of choice for mapping on the blockchain. The first stage of the implementation of Soar will be the creation of a marketplace for drone content including still images, video, aerial maps and other specialist drone content: the impetus of which was based around foundation principles of data utilization, standardisation, collaboration and authenticity. The Soar marketplace will allow drone operators to upload and sell content to other Soar users anywhere in the world and has the potential to allow an exponential increase in the value of mapping data and drone content by realising the untapped financial potential of existing drone content. However, this is not the end-game for Soar. Progressively, by aggregating the content collected from thousands of drone operators, Soar will create a dynamic, self-governing mapping ecosystem at an unprecedented level of detail using blockchain technology to share data - thus creating the world’s first super-map protocol.