Review and analysis of ICO XYO Network (New generation decentralized network)

in #ico6 years ago (edited)

Investments in ICO XYO Network

Official page

  • About the platform XYO Network
  • Challenges and benefits
  • Team of developers
  • General partners
  • Conditions of participation in ICO

Let's talk about the project

At present, a lot of amazing developments are emerging, but the one that will be discussed now is unique and carries a lot of solutions for the current blockchain network. It's time to change smart contracts, because most of them rely only on a single or aggregated set of oracles to compare all the results. Agree, because when both sides can find a compromise in the decision and at the same time not to succumb to financial influence from oracule, it is enough. Although, in many cases, a particular oracule does not exist or may even be considered authorized, because there is a possibility of error or confirmation, as there are risks and they include the manipulation of data or the data is simply contaminated, or simply may be lost...

It would seem a paradox, but it is a fact and a decentralized system may be subject to failure relative to the location of the oracle. The intermediaries have sufficiently tightly integrated into the Ethereum and EOS platforms for the purpose of reliable interaction for the use of depositaries of Escrows relative franchising in the form of ICO. Here it is necessary to understand one thing that the platform was completely focused on the online sphere, but not for the material world, which unfortunately destroys their data integrity.

In contrast to this, the network XYO focused on the issue of support from any developers who write smart contracts in the blockchain platforms with the use of just the same interaction with the physical world without violating the structure. It is safe to say that the XYO Platform is the world's first oracle Protocol that allows two real-world operations without any centralized third party. The construction of the architecture will be implemented on the existing infrastructure, consisting of a million devices. And if we talk about Bluetooth and GPS XY, these devices will allow everyday consumers to place physical tracking in the form of beacons. Agree, it's cool? 100%. Of course, this unique network was given 6 years of research, but it is clearly not in vain.

The tasks and advantages of the platform are colossal!

I need to try it and they really tried in developing this platform, which mission consists in that to give the opportunity to existing smart contracts interact with the real world, so everything is now urgently required to join this network.

This ambitious blockchain first integrates with the main platforms, and in the future will move to a separate technology with the support of Dapp.

It's time to talk about the main components of the XYO network. There are only four of them, namely: sentries, bridges, archivist and drivers. All components will allow for rapid adaptation of the network and will form a consensus.

1) Hour. All internal components are sort of witnesses who will be focused on heuristics, while producing temporary accounting books.

2) Bridges. They, in turn, transmit statistics from hourly to predictors, and these operations will be confirmed by certain evidence.

3) Archivists. Here are stored all components of the heuristic in a decentralized form. Even in case of data loss or temporary unavailability, the system will continue to function, but only the accuracy of the work will be different. Archivists store only raw data and pay only for data extraction, but storage will always be free. Agree, worthy, is not it?

4) Drivers. Their purpose is to respond to requests, analyzing all the data inside the network. If so, all heuristics should have in turn a high level of confirmation.

Understand that in any system to which there is no official trust, the data may be lost, damaged or even forged. All proof of origin in a non-trust system depends on the private key to sign transactions or contracts in the system., but the node in the network, which is now more in question, physically and virtually safe. 

Let us analyze an industry where the blockchain will be fine XYO applicable.

First and foremost, this is a favorite of our medicine. Based on research and statistics, many of the accidents of death are due to the results of learning mistakes, including adverse drugs. And it is the XYO network that will significantly reduce failures in hardware devices and make adjustments once and for all. 

XYO network will not pass by and e-Commerce. The platform will be implemented together with its tokens in such trading platforms as Amazon, UPS and so on. The whole shipment process will be accompanied by algorithms of the system, which will entail significant safety, and the client will be calm for his purchase.

Agencies offering car rental services. There are many problems in this path, namely, the most common is the loss of customer keys. And the XYO system offers a ready-made pilot program that will significantly reduce these cases

Your Luggage is now under control and safe, as the XYO platform has implemented a decentralized solution that does not require trust in the system of tracking and detection of Luggage. Airlines no longer need to coordinate your bags, the system will take care of everything.

The concept of XYO will also be relevant for insurance agencies. After all, they are also in turn subject to fraud, especially at the time of insured items that are very mobile. So, using the capabilities of XYO, insurance companies and customers have access to an independent verifiable location history in the event of a claim.

The national security agencies will also have to be included in this list. All areas with a high level of security is necessary to ensure strict control over any firearm. Therefore, this situation provoked the conclusion of a fixed-term contract with XYO, which would entail the provision of security in the main transport hubs. Also, from this interaction will be significant savings in Finance.

The delivery system with the use of the blockchain XYO. Drones are our future, so all automated processes will be configured through this network.

Team of leading developers and advisors:

Meet the team XYO Network closer here..

General partners:

Development has received a high rating in the following areas:

Sell an apartment and buy xyo tokens for the full amount?

First, let's talk about the token

The internal currency of the new network will ensure the accuracy and reliability of the digital infrastructure. All token holders initially request a request for an XYO network. Whereupon processing occurs, and then the result You've been waiting for... There will be a certain criterion of "gas", which You set yourself. The more data you need, the more expensive the query and the higher the XYO gas price. Inside the system will also be present reward system that will earn tokens. 

The whole structure of XYO coin distribution is as follows:

Development on the basis of ERC-20, but in the future the network will move accordingly to its blockchain.

The cost of tokens at the time of the ICO will be as follows:

from 1 ETH = 100,000 XYO to 1 ETH = 33 333 XYO

The final issue tokens ~ 24 158 373 684 XYO

Hardcap: 48 000 000 $

All tokens not involved in the structure of the distribution will be disposed of

More information about the platform can be found here..

Website / Telegram / Twitter / BitcoinTalk / WhitePaper

Author:

BitcoinTalk

0xcFF7932c26516e2383b7a191fF602c0424156c8b

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Thanks for the review! It was quite informative to learn about a new promising start-up

Hope it will be succesfull

I myself wrote about this article about this project and I can confidently say that the project is excellent! The author thanks for a competent review!

Great project have a good team and so many good concept

Заинтересовали проектом, спасибо вам за обзор, пожалуй присоединюсь и поучаствую.

thanks for the review

Tell me what is the minimum purchase tokens for this ICO?

Давай больше годноты, отлично получилось, спасибо!

very promising project, thanks

Good project! waiting for realyze

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