XYO-Decentralized Crypto-Location Oracle Network

janithkt (28)in #blockchain • 6 years ago

The technology will open up so many opportunities in front of every one of us. The life of mankind completely changes because of technology. Everyone can access any information at any time, anywhere with a small click which will save our time and money.

Every day the technology has been updated as per the new inventions. The technology will impact on the lifestyle of the human being. Most of the applications are based on the high technology which is showing the location of technology user to facilitate the services.
Many companies collect the data of the customer to provide services correctly by identifying the location accurately. Nowadays many companies will utilize technological devices for product delivery such as drones.

As you know the GPS will be used by most of us. Therefore the accuracy of information about the location is very much important for the verification procedure. Many times problems are occurred in between the location tracking such as jamming, spoofing etc. At that time no one can find the authentic data about location.

We are also using the blockchain technology which is a very much advance and it also a decentralized technology which is a new era in the age of advanced technology. Many crypto platforms are developed with new features which are based on blockchain technology. Today, I am going to explain you about one blockchain based decentralized platform which takes our location data and making us independent without any central governance which is a revolution in blockchain projects called as XYO Network.

TheTeam

XYO is founded by Arie Trouw. He is a successful serial entrepreneur with exceptional experience in technological breakthroughs. He works with the two other co-founders: Scott Scheper and Markus Levin. All of them are blockchain specialists. They lead a team consisting of 17 members with different backgrounds and unique ability. The whole team is supported and assisted by 14 members of an advisory team.