XYO - The latest innovation of a reliable and decentralized oracle location system
Navigation systems are used every day in the modern world by both private users and large corporations. We use GPS on our way to work, using mobile banking, we leave our personal data, talk on mobile, we send you confidential information. The importance of using and obtaining reliable information on air travel and military navigation is hard to underestimate.
The 21st century is the era of information technology. This period is very different from the previous one: it is ruled by technology, which every year becomes more and the importance of transmitting reliable information becomes higher. Technology has made our lives more comfortable, solves many problems per person and saves a lot of time.
Have we ever thought about how much information we send protected, and one that we can rely on? And what irreversible effects can cause invalid data in military or air flights?
The need for complex systems that complement GPS is very high. GPS is very accurate and reliable, but cyber attacks and other forms of interference thrive in frequency and severity, have a devastating impact on our lives and economic activities.
As such, there are the following issues: location certainty and accuracy are negatively affected by the lack of reliable decentralized resources.
The XYO Network Project is designed to address these deficiencies and improve navigation.
The development team has created protocol ecosystems and cryptographic components that harness the power of blockchain technology and address the challenges associated with modern location-based technologies. This is achieved through new mechanisms such as "Evidence of Origin" and "Related Witnesses" that connect the
power of blockchain technology and data collection in the real world into a single system.
The validity of obtaining data from a single source occurs by sending a series of data packets that are signed in sequence with a temporary private key and include a paired public key.
XYO Network is a revolutionary product that provides accurate and reliable location tracking and gives developers the ability to connect this data to their own systems with smart contracts to track their own products. If you want to know more about how this is accomplished.
Goal of the XYO Network is to create reliable, decentralized location system oracles, which are resistant to attacks and give maximum confidence in case of a request for available data. They achieve the risk of spoofing the location through a chain of evidence for the zero knowledge of the components system.
XYO NETWORK COMPONENTS
The XYO organize has four essential components, sentinels, Bridges, Archivists and Diviners. These four segments empower geo - centered accord building and trustless confirmation of area information. This implies when you compose a smart get that indicates for a question show up at a particular XY-organize, on the off chance that it shows up there, you will realize that it is at that area with total conviction. This is altogether managed without danger of searching the area flagging device (s) checked by a huge number of Sentinels in the XY Oracle Network with the longest Proof of Origin chain (subsequently yielding more prominent trust in the heuristics).
Sentinel segments are heuristic witnesses. They watch heuristics and vouch for the assurance and exactness of the heuristic by creating fleeting records. The most imperative part of a Sentinel is that it produces records that the Proof of Origin to them.
Extensions are heuristic transcribers. They safely transfer heuristic records from Sentinels to Diviners. The most vital part of a Bridge is that a Diviner can make certain that the heuristic records that are gotten from a Bridge have not been changed at all. The second most imperative part of a Bridge is that there is an extra proof of origin.
Annalist segments store heuristics in a decentralized shape with the objective of having every single recorded record put away, however without that necessity. Regardless of whether a few information is lost or turns out to be briefly inaccessible, the framework keeps on working, however precisely with lessened precision. Filers additionally record records with the goal that they can restore a string of records information if necessary. Chroniclers store crude information just and get paid just for recovery of the information. Capacity is constantly free.
Diviner answers the questions provided by examining the authentic information that has been stored by XYO Network. To accomplish this, the heuristics stored in the XYO Network must have an abnormal state of evidence of origin to measure legitimacy and heuristic accuracy by assessing the witness considering the Proof of Origin. Given that the XYO Network is a trustless framework, Diviners should be encouraged to provide a legitimate investigation of heuristics. Not at all like Sentinels and Bridges, Diviners use Proof of Work to add answers to blockchain.
Here are some examples of where XYO networks are already used by regular users and large companies:
- E-Commerce - delivery of goods with tracking every step of delivery progress.
- Drug-elimination errors in work, unfavorable interactions with drugs, wrong medical records and even unnecessary operations.
- Car rental.
- Logistics-the ease of finding Baggage lost while flying.
- Unmanned delivery system.
Examples of future usage:
- Safe controls for unmanned vehicles and unmanned aircraft;
- Secure data transmission in the military without risk of data loss or compromise;
- The whole smart city management system of the future.
The app field can be counted nonstop.
XYO built one of the largest Bluetooth and GPS-flare networks in the world to realize this idea, as well as in years of protocols to create a decentralized site determination network developed.
ICO is implemented for the purpose of developing and promoting mobile apps, improving them.
TOKEN SALE PROCEEDS
XYO Token Specs
Open token deals have a layered estimating structure that begins at 1 ETH: 100,000 XYO and maximizes at 1 ETH: 33,333 XYO. Insights about volume and cost in light of our opportunity structure will be reported soon.
- Smart contract stage: Ethereal
- Contract Type: ERC20
- Token: XYO
- Token Name: XYO Network Utility Token
- Token Address: 0x55296f69f40ea6d20e478533c15a6b08b654e758
- Total issuance: Finite and topped at the sum accomplished after the Token Main Sale
Guide
Go along with us in our sense of duty regarding manufacture a decentralized world.
XY has assembled the universe of open area confirmation since 2012 by propelling an effective buyer GPS-GPS business that is fundamental for comprehension and building a genuine area organize. As of now, XY has in excess of 1,00,000 guides around the world.
2017
XY Releasing Ground Tracking Device Tracking: The "XYGPS"
XY propelled the world's first GPS cross breed and Bluetooth empowered gadget. XYGPS can report its area anyplace on the planet where Cellular information and GPS are accessible.
XY Releases XY4 + Device
XY discharged a XY4 + gadget that makes it fit for working as a XYO Network hub through firmware refreshes.
XY Crossing the 1,000,000 Beacon Marks
XY one million conceived gadgets.
Blockchain-Based Oracle Network XY Born
The improvement of moving the system stage of the inward XY area to the open square execution begin: The Oracle XY arrange was conceived.
2018
- Q1 and Q2
XY Mints The primary "XYO Token" Used for Intelligent Contracts to Access the XYO Network
The principal XYO Token is made and speaks to the official money to be utilized all through the XYO Network.
XY to Complete XYO in Test Network ("XY TestNet")
XY will finish the improvement of Oracle Testnet XY and start propelling area centered blockchain conventions to its Sentinel gadget.
2018
- Q3 and Q4
XY will dispatch XY Oracle Main Network ("XY MainNet")
XY will dispatch the full dispatch of the Oracle XY Network to XY the Sentinel signal and begin tests with new Sentinel accomplices (especially IoT organizations and versatile application developers).
XY to Complete API for Intelligent Contract Developer to Interact with Oracle XY Network.
The arrival of the XYO Network API that permits smart contract developers to compose contracts to connect with XY systems. Library to be created: Ethical Solidarity Library, Viper Ethereum Library and JavaScript library for sites interface with XYO Network (like Web3.js incorporation with MetaMask).
XY to Release XY Sticker-Based Tracker, Which Can Be Added to the eCommerce Package
Dispatch the "XY-Stick" item that enables eCommerce retailers to track every one of their items in realtime.
2019
XY to Grow Sentinel Multiple Location Global Equipment Network
Develop XY Sentinel scope (information area supplier and verifier) as well as different parts of the Oracle XY Network (Bridge, Archiver, Burial).XY to Launch SatoshiXY and VitalikXY LEO Satellite Sentinels
Offers will be sold on XYO's Low Earth Orbit satellite; The wager speaks to proprietorship in the XYO Token honor segment.XY to Businesses, Organizations and Retail Companies that Have Greater-Use Cases for Location Verification
Formalize business associations with bigger organizations and elements that can exploit decentralized and problematic area senses (eg coordination frameworks, store network organizations, auditoras hours, eCommerce organizations and endless different specialties).
2020+
XY to Expand the Global Reach of the whole Oracle XY Network.
For more information visit;
WEBSITE: https://www.xyo.network/
WHITEPAPER: https://xyo.network/whitepaper
FACEBOOK: https://xyo.network/whitepaper
TWITTER: https://twitter.com/XYOracleNetwork
TELEGRAM: https://t.me/xyonetwork
Author : Hokky darmawan
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1840810
ETH: 0xb616c8392f2d4741765A3e1BE8D9728Be884797a
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