BLUETOOTH ON BLOCKCHAIN
Bluetooth technology has vastly improved our ability to keep track of our possessions. However, the fact that Bluetooth tracking is only limited to the proximity to our tracking device and the lost item is somewhat of a limitation. Brands of Bluetooth devices come in scores which is a bad and a good thing. Especially when the distribution of the models is diversified, we are unable to harness crowd communication of the devices. Competition leads to differentiation further undermining the ability of end users to track their belongings in public and busy places and workplaces for example.
MyTrackNet aims to resolve this problem through creating an ecosystem in which varying Bluetooth brands can coexist. Therefore, users can utilize crowd GPS to track their lost items. When you now lose a possession, all you have to do now is issue a reward to incentivize the location process then you can take advantage of the network of devices running myTrackNet software. The device closest to your missing item will ping you the location without the knowledge of the device owner. You can then choose to involve the responsible person(s) in the reclaiming process or issue them the bounty reward and go ahead and do the reclaiming yourself.
MyTrackNet has ready application in tracking valuable personal possessions and also for specific workplaces. You can harness MyTrackNet to locate anything from your stolen bicycle to your fleeing dog. Workplaces such as busy fieldwork construction projects are susceptible to thefts of expensive tools. One less headache in construction management is a plus for the project. Participants who can increase the reach of the network such as active runners with smartwatches and strategically located businesspeople are some of the primary beneficiaries of MyTrackNet’s rewards. Anyone else interested in earning extra passive income can also run the application in the background.
MyTrackNet won the icohub contest organized by Wavesplatform last year and has been undergoing development of the alpha version of the software. There are lots of exciting updates and partnerships in the future. MyTrackNet’s pre-ICO ends at the end of January. There are plans for the main ICO later in the year. You can be part of MyTrackNet community by following on various social media channels.
https://medium.com/@MyTrackNet
