Fysical - Decentralized Location Data Market

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 4 July 2018

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fysical is a decentralized location data market. It reinvents location services by placing transparency consumer privacy first, so location services can be utilized more widely across all industries. Data suppliers currently contribute over 15 billion data points per month through Fysical, and the datasets consist of foot traffic sensor readings, store visit data, commute routes, and much more.

Transcript

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0:00.0	Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.
0:07.0	Future Technologies
0:08.0	Boys to transform our lives for better or worse are the focus of this podcast. Almost here means these
0:14.8	technologies are now here and starting to be used or just around the corner.
0:18.9	From Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more.
0:25.0	Hello everyone and welcome to Feature Tech Podcast. I'm your host Juliet Lamar and joining
0:32.2	us today is Ben Smith. He is the co-founder at
0:35.8	Physical with an F so we're very interested to see what that has to do with everything.
0:40.6	Welcome then.
0:41.6	Hi yeah, thanks for having me on. It's great to be here.
0:45.0	Absolutely, thank you for taking time to join us.
0:47.0	For sure, for sure, yeah, I'm excited to share a bit more about physical and what we're up to.
0:53.4	Yeah, so why don't you kick us off with an overview of physical
0:56.8	what you're doing there?
0:58.0	Yeah, happy to.
0:58.9	So physical is a location data market protocol.
1:03.8	Now what does that mean?
1:05.3	Well, we work primarily with location data
1:09.1	from mobile application.
1:11.0	So weather apps, travel apps, news applications that collect
1:17.0	location services from opted and end users, and then basically sell that data to marketing companies, hedge funds, real estate companies.
1:28.0	And so what physical is is it creates a decentralized marketplace for the trade of that data and because it's
	...

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