What is the XYO Network?
Today I want to talk to you about a very interesting project that seeks to make the world a better and more technological place. With the advent of Blockchain technology, many areas tend to take all its charms into service. First, it's convenient, second, it's fast, and third, it's safe. Thanks to smart contracts, you can track any transaction from the beginning to the end. Although the world is gradually absorbing the blockchain, it is still more concentrated in the online space than offline. In order to fix this point and to unite the real world (offline) with blockchain technology, a team of specialists offers a new universal project called XYO Network.
XYO Network is an innovative blockchain-based platform that allows you to determine the location of various objects using smart contracts. At first glance, it may seem that it is unrealistic, however, it is. Project developers have long thought about this idea, so in 2012 they began to implement their plan in order. First, they created a huge number of (GPS and Bluetooth) beacons, with which you can determine the location of different objects, directly from their smartphones. At the moment XY is the owner of more than 1 000 000 beacons and takes the leading position of the largest network of devices in the world. Over time, XYO Network has reached such a level that now they will be able to track absolutely any items, ranging from jewelry to cars. And all this is available in real time. Such a system will allow once and for all to exclude fraud and loss of any items and objects at the time of their delivery or transportation. XYO Network will be able to track the entire path of the item from the moment it is sent from the warehouse, along the way, as well as in the hands of the courier and until it is received to the delivery address. How is that possible? You ask, elementary! XYO Network as the basis of their developments took the usual us from school coordinate system X, Y,Z and added to them another variable T (time). When interacting with each other, they form a single system of metadata, with which it is possible to track any object wherever it is.
In fact, all the doors are open to THE xyo Network project. This technology can be applied in absolutely any field, whether it is e-Commerce, delivery of some commercial goods, hospitals (medical care), insurance, transport rental and much more. Limitless expanse for implementation will constantly be scaled to the whole system, XYO Network, creating worldwide secure chain of communication.
To make any transaction in the network XYO Network will be possible only by using internal token XYO. All tokens will be issued on the basis of Ethereum (ERC-20). The token price will range from 100,000 XYO for 1ETH or 33,333 XYO for 1 ETH. The distribution of tokens will be as follows:
The most important fact of the XYO Network, which I would like to note, is the continuation of the company XY which has already many years of experience, as well as an understanding of the direction in which it is necessary to develop in order to achieve all the tasks. Because of the large range of implementation, I dare to assume that this project will very quickly take a leading position in its sector. At the moment, the ICO is already passing and it will last until 20 may 2018. Therefore, I recommend you to study the whole concept of the project in more detail on these links:
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