XYO Network and its Proof of Location Technology

bubblbubble (53)in #cryptocurrency • 6 years ago

In actual world life and in the immediate one, GPS data is always more crucial. All technologies, indeed, work on it to set drones flights, shipping destinations, rescue services, etc…
However, actual GPS is jamming, spoofing, cyber-attacks and other forms of interference, giving to final clients’ uncertainty. Our current location technologies are too insufficient to move us into the future.
The XYO Network is the project that can solve this problem, making geographical identification trustless through crypto-location technologies and protocols. XYO Network is going to create the bridge between the actual world and future one.
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How does it work?
The XYO network has four components: Sentinels (The Data Gatherers), Bridges (The Data Relayers), Archivists (The Data Storers), and Diviners (The Answer Aggregators).

Sentinels gather location information via sensors, radios, and other means and pass to Bridges that take this data from Sentinels and provide them to Archivists. Archivists store this information on blockchain and let Diviners analyze them. The Diviners’ analysis is heuristics finalized to give answers and scores (Origin Chain Score) to each query. Finally, Diviners relay answers into smart-contract, working like oracles.
XYO works on the multi blockchain, through dedicated smart-contracts. In the future, XYO will have own blockchain on which launch queries, called XYOMainChain. This futuristic blockchain will store all queries gathered by Diviners. Clients that request proof of localization launch queries paying fees. Nodes launch pool and give to the client the result, keeping fees.

Conclusion
Working on a revolutionary technology introducing Proof of Location (Proof of Origin), XYO will rocket soon, because of its big application cases. Consider that all drones technology, if pointing to extend applicability to large territories, need to work on trustless GPS data to be competitive and fast. Amazon is working on drones delivery and, considering risks, is going to evaluate blockchain XYO solution, to avoid money losses. In the same time, many countries starting to rule drones uses, to stop incidents for naive application technologies. The use of XYO technology will improve the drones’ mechanism precision and reduce incidents, therefore will be the bridge for future massive applications.
ICO will start within 8 days. Differently from other ICO, the team has invested a lot in bounty campaigns to spread technology awareness among potential investors. Reading about on the internet, the strategy is working well, considering growing hype on the project. Indeed, once reached potential investor, is pretty simple convince him about the quality and the future of this project, simply reading the professional whitepaper, based on scientific studies and real application, witnessed by an early web app working in demo mode.