IOTA Area Codes — A proposal to geo-tag IOTA transactions
IOTA is a flexible protocol that can be utilized in various ways. The most common is value transfer via the native token. However, IOTA can be easily extended by building standards on top of the base protocol. Both Masked Authenticated Messaging & Flash Channels are a perfect example of this.
Today we are proposing a new standard that will enable IOTA-based applications to be built around geographic regions.
Introducing IOTA Area Codes (IACs)
IACs are short, tryte-encoded, location codes that can be used to tag and retrieve IOTA transactions related to specific locations. The IACs are typically 10 trytes long and will represent a 13.5m by 13.5m area, at the equator. However IACs can be 11 trytes long and represent a 2.8m by 3.5m grid.
IACs are a direct copy of the Open Location Codes, also known as Plus Codes, proposed by Google Zurich in 2014. There are a few minor changes to make it compatible with IOTA’s encoding.
Why this is powerful