How Premise Uses Bitcoin to Collect Data in Venezuela

By Nick Tomaino Premise is a San Francisco-based technology company with the mission of bringing visibility to the world’s hardest-to-see places. The company tracks macroeconomic and human development trends in real-time by collecting data via an Android application. They index and analyze millions of observations captured daily by leveraging their global network of contributors, who are paid to take pictures and collect data on the ground. Large institutions such as the World Bank use Premise’s data and analysis to make more effective investment and policy decisions.

Premise in Venezuela

Venezuela is one country that Premise believes could benefit from more visibility. The local currency there, …read more