How onocoy is Raising Cost-effectiveness by Using GNSS Network Powered by Blockchain

The need for accurate, affordable positioning solutions has never been more critical in industries like agriculture that depend on precision for efficiency, and autonomous vehicles require it for safe navigation. However, traditional GNSS services are often hindered by high costs and limited access. 

onocoy is changing this by creating the world's first decentralized, community-driven ecosystem for high-precision GNSS data. By leveraging blockchain technology, onocoy enhances the efficiency, affordability, and accessibility of GNSS services, enabling a broad range of industries to adopt advanced positioning solutions at scale. See how onocoy is revolutionizing the GNSS sector and creating new opportunities for businesses globally.

The Challenges of Traditional GNSS Networks

High-precision GNSS services rely on Real-Time Kinematic (RTK) correction data, which improves positioning accuracy from meters down to a few centimeters. However, providing RTK services in a wide area requires a dense network of ground-based reference stations. These stations measure the ranges to the GNSS satellites to latter send the raw data to the rovers who compute the corrections in real time 

Building and maintaining these reference stations is expensive. Each service provider must invest in physical infrastructure, operational costs, and technical expertise to run their own network. The resulting high capital expenditures (CAPEX) and operating expenses (OPEX) are passed on to users in the form of high fees.

Additionally, these reference station networks are often duplicated by different providers in the same region, leading to a fragmented service landscape. This fragmentation not only increases the cost but also limits users to the network they subscribe to. Global businesses that need reliable correction data across various regions often struggle to find a single solution that works seamlessly worldwide, leading to inefficiencies and unnecessary expenses.

This is where onocoy sets itself apart. By addressing the inefficiencies and high costs of traditional GNSS networks, onocoy introduces a decentralized solution powered by blockchain. This innovation paves the way for communities like DePIN to access precise, affordable navigation tools at a global scale.

Unlocking the Potential of Blockchain-Powered GNSS for DePIN Communities

Blockchain-based GNSS networks, like those developed by onocoy, bring profound benefits to the Decentralized Physical Infrastructure Networks (DePIN) community. This innovative approach decentralizes high-precision navigation, addressing key challenges such as fragmentation, cost barriers, and inefficiencies.

Through a shared infrastructure model, onocoy’s decentralized GNSS network allows multiple station providers to collaborate on a single platform. This eliminates redundant investments and fosters global scalability. For DePIN communities, this means easier access to affordable and precise navigation data essential for emerging technologies like drones, autonomous vehicles, and smart city systems.

onocoy’s blockchain system makes everything clear and fair. Automated agreements make sure station operators and data users get paid fairly, building trust in the system. This fair setup encourages more people to join and create new ideas, helping with tasks like weather tracking, managing infrastructure, and improving logistics.

By empowering the DePIN community with cost-effective, accurate navigation tools, onocoy positions itself as a transformative force in enabling critical automation-driven applications. It doesn’t just serve the present but also builds a foundation for the mass adoption of high-precision navigation, fueling technological advancements across decentralized industries.

“Onocoy’s solution is a major step forward in scaling up RTK satellite navigation for mass-market applications. It represents a significant operations cost cutback for applications in need of precise navigation.” 

  • Xavier Banqué, CEO, Rokubun

Use Cases for DePIN Enabled by onocoy's GNSS Technology

  • Aerial Drones
    Precise navigation enables drones to perform tasks like mapping, surveying, and package delivery with centimeter-level accuracy, essential for both industrial and consumer applications.

  • Autonomous Vehicles
    Reliable and high-precision data ensures safe and efficient route planning and operation, supporting the growth of driverless technology in public transport and logistics.

  • Infrastructure Monitoring
    GNSS technology helps track structural integrity in bridges, dams, and buildings, providing early warnings for potential failures and ensuring public safety.

  • Weather and Climate Monitoring
    onocoy’s network contributes to accurate weather data collection, aiding agriculture, disaster preparedness, and climate research.

  • Smart Cities
    Supports the operation of interconnected systems, such as real-time traffic management, automated public transport, and urban planning.

  • Financial Markets and Insurance
    Precise time-stamping and geolocation enhance security and operational efficiency in transactions and disaster risk assessment.

By integrating onocoy’s affordable, decentralized GNSS solutions, DePIN communities can unlock these transformative applications, driving growth and innovation across industries. 

Reducing Costs Through Shared Infrastructure

One of the biggest advantages of a blockchain-powered GNSS network is the use of shared infrastructure. Traditionally, each service provider has to build its own network of reference stations, resulting in redundant and overlapping systems. These separate networks serve the same purpose but require each provider to bear the full costs of construction, maintenance, and operation.

In a decentralized model, these stations can be used by multiple providers, with the costs of building and maintaining them shared among various stakeholders. This reduces the overall investment needed and allows service providers to offer correction data at a lower price. The savings from these reduced CAPEX and OPEX are passed on to the end users, making high-precision GNSS services more affordable.

Moreover, shared infrastructure leads to economies of scale. As more stations are added to the network, the cost per user decreases, creating a sustainable pricing model for widespread adoption. This is especially beneficial for industries like agriculture, where margins can be thin, and cost-effective solutions are crucial for success.

Decentralization Means More Resilience

Decentralization transforms GNSS networks by eliminating the risks associated with centralized infrastructure. In traditional systems, a single point of failure—such as a malfunctioning reference station—can lead to widespread service disruptions, impacting industries that rely on continuous, accurate data. Blockchain technology addresses this challenge by distributing data and services across multiple independent stations, ensuring that if one station fails, others can maintain the network’s stability.

This approach makes GNSS networks more resilient, particularly in sectors like mining, logistics, and disaster management. These industries often operate in remote or high-risk environments where accurate positioning is critical. With a decentralized system, these industries can rely on uninterrupted access to real-time GNSS data, even in the most challenging locations.

Expanding GNSS Access with a Global, Decentralized Network

The limitations of traditional GNSS systems are clear—centralized networks can be vulnerable to outages, cyber threats, and limitations in geographic reach. Blockchain-powered GNSS networks offer a revolutionary solution by enabling distributed data sharing, where multiple participants—ranging from individuals to institutions—can contribute to the network.

onocoy’s model takes this a step further by applying a decentralized approach to GNSS infrastructure. Anyone with the right hardware can set up a reference station and contribute valuable data. In return, these participants are rewarded with tokens, which incentivize broader participation and create a self-sustaining network. This shared infrastructure results in increased coverage, allowing service providers to reach areas previously underserved or difficult to access.

For industries like agriculture, this decentralized model is a game-changer. Farmers and other rural businesses often face barriers to accessing affordable, high-precision GNSS services. With onocoy’s shared infrastructure, farmers can access the same accurate positioning data as those in urban centers, without bearing the full cost of setting up their own infrastructure. This opens up new opportunities for precision farming, remote monitoring, and other essential applications.

Empowering New Business Models

Blockchain technology also opens the door to new business models in the GNSS industry. One of the most exciting developments is the introduction of a token-based economy, where participants are rewarded for contributing to the network. Reference station operators can earn tokens by providing correction data, creating a financial incentive for individuals and small businesses to join the network.

This shifts the traditional GNSS business model, which has typically been restricted to large providers with the resources to build and maintain their own infrastructure. With blockchain, smaller players can participate in the ecosystem, contributing to the network and benefiting from it without needing to invest heavily in their own systems.

For users, this means access to more affordable, high-quality GNSS services, while contributors to the network can earn a return on their investment. This decentralized, community-driven model creates a win-win situation where both service providers and users benefit from the system’s growth.

The Future of GNSS with Blockchain

Adding blockchain to GNSS networks is a game-changer. As it develops, costs will drop, access will grow, and reliability will improve. For onocoy, this means involving the community in decisions, sharing control, and keeping everything clear.

onocoy's decentralized GNSS network allows seamless cross-border access to high-precision data, ideal for sectors like logistics, aviation, and autonomous vehicles. This opens new opportunities for global operations, creating a more inclusive and scalable approach to GNSS, expanding its reach to underserved areas.

How onocoy is Leading the Way in Cost-Effective GNSS Network Solutions

onocoy's blockchain-powered Real-Time Kinematic service offers several advantages over traditional GNSS solutions, particularly in terms of cost savings. Here’s a summary highlighting how onocoy's approach enhances cost-effectiveness:

  • Traditional GNSS Systems Are Expensive and Wasteful: GNSS stations are costly to build and maintain, and providers often duplicate infrastructure, driving up costs.

    • Onocoy creates a shared network where multiple users can access the same reference stations, cutting down on unnecessary duplication.

    • By spreading costs among many users, Onocoy significantly reduces the financial burden​.

  • Affordable and Wide Coverage: Expanding GNSS networks to rural or underserved regions is expensive, making it unfeasible for providers.

    • Onocoy engages communities and leverages blockchain to distribute the costs of building and maintaining infrastructure.

    • This allows the network to expand globally at a fraction of the cost compared to traditional methods​.

  • Easier Access for Everyone: GNSS services are often bundled with expensive hardware or long-term contracts, limiting affordability.

    • Onocoy offers pay-per-use pricing, letting users pay only for the data they need.

    • This eliminates the need for costly, bundled services, making high-precision GNSS more affordable​.

  • Incentives for Growth: Building new GNSS stations is expensive, and there’s little incentive for operators to expand networks.

    • Onocoy rewards operators with blockchain-based tokens, motivating them to set up and maintain stations in needed areas.

    • This lowers costs for providers while creating incentives for infrastructure growth​

  • Uses Existing Stations: Building new GNSS stations from scratch is resource-intensive and slow.

    • Onocoy integrates existing GNSS stations into its network, allowing operators to earn revenue without costly upgrades or new investments​.

onocoy is harnessing the power of blockchain to transform GNSS networks, making high-precision positioning services more accessible and affordable. By leveraging a decentralized model, onocoy eliminates the inefficiencies of traditional systems, allowing businesses to access correction data at lower costs, with global coverage and increased reliability. Whether you’re in agriculture, mining, or any industry that requires precise GNSS data, onocoy’s solution delivers the accuracy you need without straining your budget.

Transform your business with precise, affordable GNSS solutions. Join onocoy today!

Next
Next

GNSS RTK Positioning - An Overview