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Location-Pinpointing Startup what3words Sells 10,000+ OneWord Map-Pins In First Week

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http://techcrunch.com – London-based U.K. startup what3words has set itself the ambitious task of reinventing postcodes/ZIP codes. Instead of a tricky-to-remember string of letters and/or numbers, it’s created three-word sequences that can be more easily memorised and shared. Or that’s the thinking. It launched its three-word location pinpointing service last week, assigning trios of words to the 57 trillion or so 3 meter x 3 meter squares around the globe. The system apparently pinpoints locations to the nearest 2 million, making it more location-specific than a postcode in some more expansive postc (IT news)