XYO Is Making A Difference Using The Blockchain

adekogbe (53)in #ico • 8 years ago (edited)

The Blockchain evolution and the increase in the amount of projects launching their ICOs daily brings about a question longevity; How many crypto projects will last? How many crypto projects will achieve their goals, how many will remain relevant in the coming years? A lot of different questions that when answered correctly can point to how successful a project can be.

How relevant a crypto project is, either to real world uses or to other crypto projects will determine its long term success. In this piece I will be discussing a few real world applications of XYO, some of which answers already existing needs, and the other highlighting possible future applications to blockchain technologies.

A lot of emphasis has being laid on location data and reporting by the XYO Network, but in reality XYO network offers a lot more and the heuristic data captured and processed by the bound witnesses can be in any form and have different kinds of applications.

XYO network makes independent devices communicate with each other and execute certain commands on the network when certain terms of the agreement are met.

XYO Can Save Lives

Applications Of XYO to Medical Care:

The physical components of the XYO network can form bound witnesses for a series of applications including the recording, transfer, storage and analysis of medical records, and procedures.

According to the whitepaper; medical errors is in fact the third factor responsible for most deaths in the united states. The term medical errors refers to mistakes that can be prevented should the right infrastructure be in place to verify patient data, surgical and drug administration history, allergies, chemical substance exposure and a lot of other information that will eliminate the possibility of human error in the administration of top treatment to every patient.

By the integration of XYO to the existing infrastructure in hospitals, as well as its integration by patients to their devices. This devices can act as senitels recording heuristic data and then communicating them to the hospitals framework even if the patient is unconscious. For this function a smart contract is responsible for the release of information to the hospital's devices based on the patient's geographical location. Which can be accessed even when a patient is unconscious.

XYO can also be applied in the tracking of medical supplies and transplant organs to make sure they get to the right patient at the right time.

Applications Of XYO to Search And Rescue:

In cases of natural disasters like earthquakes, mudslides, hurricanes, wildfire and many more, or accidents like collapsed buildings and structures, plane crashes and different forms of accidents, time is always of the utmost importance as a few minutes or seconds can be the difference between life and death.

Search and rescue currently uses sniffing dogs and ultra listening instruments to locate and rescue victims of these unfortunate occurrences.

By the integration of XYO network to the systems of the search and rescue operatives and the integration by people on their devices; search an rescue can pin point the location of lost and trapped people during rescue operations, saving valuable time and saving more lives in the process.

With senitels in form of mobile phones, smart watches, and other smart devices reporting real time information to the XYO network, they can serve as real time humming beacons helping to locate people who may be unconscious or unable to call for help.

Possible Future Applications Of XYO To Other Blockchain Projects

XYO Will Help Blockchain Technology

The applications of blockchain technologies and the innovation entering the crypto space has been breathtaking over the past year with projects like "Nucleus.Vision" which uses utilizes IoT sensors in proximity of each other for retail purposes, "Syncfab" which uses the blockchain to secure manufacturing deals between product innovators and manufacturing companies, "Shivom" which sequences and stores securely genomic information from people anywhere on the planet.

These are a few among thousands of amazing projects that would do so much better with the proof of origin that the XYO network provides. The integration of XYO network with these other blockchain platforms and services will greatly increase the quality of service being provided to users all over the world and in turn promoting the worldwide acceptance of blockchain technology while growing the XYO ecosystem.

XYO applications to present and future blockchain projects will not only change how smart contracts operate and interact with life assets but also with other smart contracts and decentralized platforms.

Conclusion

Proof of origin and bound witnesses that XYO network provides are very important concepts that has the potentials to change the way health care is administered and how lives are rescued. The XYO network also has other applications like drone package delivery and many more.

XYO Network rewards the users of the smart devices which played a part in the execution of commands on the network with XYO tokens. XYO tokens will also be used by business owners, users and consumers to purchase different forms of service on the network.

Token Sale Information

The XYO token sale is still live and early investors can purchase their XYO tokens. XYO is an Ethereum based ERC 20 token with an hardcap of $48,000,000 and all the unsold tokens will be burned after the token sale.

Ticker: XYO

Token type: ERC20

ICO Token Price: 1 XYO = 0.0207 USD (0.00003000 ETH)

Fundraising Goal: 48,000,000 USD

Accepts: ETH

Visit the project's official website and communities for more information about the token sale, the project, and how to participate safely.