Based on latitude and longitude, the NAC system can represent an area the size of a province using two alphanumeric characters. A "universal address" with six characters will narrow down a search to an area measuring one square kilometre. With 10 characters, it can represent a specific area measuring one square metre.
The proposed 10-digit universal address could be used for both homes and businesses. Slightly longer than Canada's six-digit alphanumeric postal code, it would narrow down addresses more accurately. For example, NAC Geographic Products' address in Toronto would be 8CNB5 Q8Z4R.
Note: Source: theglobeandmail.com