XYO — WELCOME TO THE FUTURE

in #xyo6 years ago (edited)

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XYO is the blockchain based platform specially developed to use the largest networks of Bluetooth and GPS beacons in the world to serve the users. The company is working on these projects for many years now. The company has come up with the solution by building world-class location protocols necessary to build the decentralized location network. The XYO network made it possible by using the ecosystem of the crypto location protocol technology.

The Goal of the XYO network is to create the platform that is secure, and people can trust on without hesitation. The decentralized system will allow the users to work securely on the platform. The use of latest technology will enable the users to get high-quality data from the platform. The accuracy of the data will be kept high so users can use it without having any trouble. The system will be built on the advanced technology which enables the platform to not rely on the human interaction. It reduces the risk of location spoofing through a chain of zero-knowledge proofs.

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Overview of the XYO Network:

The XYO network provides the entry point to the connected devices. The System will enable the users to get high certainty on location data through a chain of cryptographic proofs. The system uses most advanced technology to verify the user’s location and the data collected from the devices. The systems then analyze the data and pinpoint the accuracy before distributing the information to the network.

The user can issue 3 transaction called “queries” in the platform to retrieve a piece of location data from the blockchain platform. It uses smart contract functionality to process the data. Once use submits a query, one of the aggregators from the XYO network response to the query and fetch the answers that have the highest accuracy. The data is collected from the decentralized set of devices which is generated by using cryptographic proofs back up to these aggregators. The aggregator used these answers and stored the information back into the smart contract to release the best answers that have the highest score.

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Token Sale:

The token sale is going to start soon. Get yourself register to get alert from the website.

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Website: https://xyo.network/index.html
Whitepaper: https://docs.xyo.network/XYO-White-Paper.pdf
Telegram: https://t.me/xyonetwork
ANN thread: https://bitcointalk.org/index.php?topic=3040825.0
Bounty thread: https://bitcointalk.org/index.php?topic=3053801.0
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1297831

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