WHAT’S THE MEANING?
Geolocation is the process of identifying the geographic location of a particular object or person using the method of digital information which is processed by means of the internet. Satellites are used in order to identify coordinates for an object or a person more accurately.
DID YOU KNOW?
Did you know that geolocation is the second most accurate time tracking tool next to the atomic clock? Aside from the fact that it helps us determine location information, geolocation is also known to determine the time accurately. Because of this, many banking and financial institutions are using GPS and geolocation as the basis for determining the exact time to manage transactions precisely. Studies also show that the increasing use of geolocation has resulted in the growth in the satellites usage. In fact, there are more than 1,300 satellites going around the earth right now. Geolocation technology also has a great impact on our everyday lives – from operating our businesses to knowing the geographic location of a person in real-time.
Furthermore, smartphones are GPS-enabled. This means that you can easily identify where your friend is, or the other way around regardless of privacy concerns. The GPS chip inside your smartphone works by using satellite data to calculate your exact location.