TIM represents a trusted GPS network over a novel blockchain. In essence, many things are talking to each other through blockchain mechanism with decentarized and micro-distributed network of nodes at no additional cost to enable the environemnt. GPS utilities mine the consensus, without additional energy burn. Thus the enablement cost of TIM network is zero, which means that no additional energy is burnt and decentralisation is not compromised.
Technologically, TIM is a micro-distributed and decentralized blockchain which adds a layer of trust on internet highway. In general all the blockchains are a layer of trust over internet. But TIM is based on geolocation as source of truth. The participants prove their worth and trust by validating their own and neighbour’s true geo-location in a way that it validates the integrity of network. A P2P network of GPS enabled participants validate blockchain integrity. The fastest nodes to achieve the results in block generation time of 5 seconds win the right to add the next block. The participants comprise of many kinds of devices who naturally need geo-location. We have identified many such services and creating a symbiotic operating model for TIM.
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