Onocoy, a pioneering provider of a hardware-agnostic Global GNSS High Precision Network based on a horizontal business model and powered by blockchain technology, has officially launched Onocoy RTK, a groundbreaking global Real-Time Kinematic (RTK) service. This new initiative aims to transform high-precision positioning across various industries by offering unparalleled accuracy and reliability, representing a major step forward in scaling RTK satellite navigation for mass-market applications.
Co-founded by industry veterans Daniel Ammann and Thomas Nigg – key figures in building u-blox into a GPS industry unicorn – Onocoy leverages blockchain technology and Decentralized Physical Infrastructure Network (DePIN) principles to create a decentralized GNSS network. This innovative approach significantly enhances existing GNSS infrastructure, introducing the world’s first open-access, hardware-agnostic global GNSS network designed to foster inclusivity and broad market participation.
Onocoy is focused on building a dense, high-quality GNSS reference station network to unlock the global potential of high-precision positioning. By utilizing web3 technologies, such as smart contracts, decentralized ownership, and blockchain, Onocoy effectively separates GNSS infrastructure management from correction services. The network efficiently taps into existing GNSS stations and addresses infrastructure gaps through token-based incentives and open standards, creating a comprehensive global network. The company envisions a community-owned, decentralized system that ensures equal and inclusive access to high-precision GNSS technology across borders.
Towards mass adoption of high-precision positioning
The Onocoy RTK service is designed to serve professionals in industries such as agriculture, construction, land surveying, and robotics by providing precise and reliable positioning data with global coverage. Verified via blockchain for high accuracy, the service offers fast convergence times and easy integration, making it a cost-effective solution that reduces operational expenses for industries requiring precise navigation.
A key advantage of Onocoy RTK is its innovative pricing model, which combines a low base fee with a pay-per-use option. This approach makes high-end technology accessible without the burden of a hefty price tag. Additionally, the service supports easy integration by providing data in standardized RTCM formats, ensuring compatibility with a wide range of systems and appealing to both new and established market players.
As Onocoy broadens its focus on the B2B market, the launch of Onocoy RTK signifies a pivotal advancement in high-precision positioning technology. This service not only enhances efficiency and reliability but also delivers substantial operational cost savings, positioning it as a strategic solution for scaling RTK navigation across mass-market applications.
