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alekseybulko
7 лет назад

XYO - the proof of location protocol that connects the blockchain to the real world!

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In the world of information and high technologies it is difficult to imagine our life without navigation data. GPS devices are used by both ordinary users and large corporations. Location data is now used in most areas of our lives. During the trip, when we go to an uneventful place for us, it is important to know where we are and where to go next. Letting go for a walk of our child is also important to know where he is. When buying goods on the Internet, we look forward to delivery of our product. The importance of these locations is difficult to overestimate for logistics companies in Maritime navigation. One of the most popular industries where data plays a key role is the aviation and military industry. Control systems for unmanned aircraft, fully Autonomous cars and cities of the future directly depend on the accuracy of the data.

To date, the means of obtaining location data is GPS, but during a cyber attack or other failures, such a method can provide false data. The existing location methods lack the necessary confidence and security features to meet the needs of the future.

At the moment, many have heard about smart contracts. The main problem of them is to execute a contract made a request to a centralized resource, which can show inaccurate data.

XYO Network project can eliminate all the shortcomings and improve the accuracy of the location data!

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XYO Network - a system of cryptographic protocols and components that leverage the strengths of blockchain technology and solve problems associated with modern location technologies. The XYO network provides conflict-free transactions through an ecosystem of cryptographic location components. The developers have introduced new mechanisms such as "proof of origin" and "Related witness" that combine the strengths of blockchain technology and real world data collection into one system.

Today, XYO is the largest platform. It integrates with leading blockchain platforms, and its protocol ensures the introduction of next-generation blockchain technologies.

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With the XYO Network web application, the user can find out at any time where his car, child or purchase from the online store. The location is confirmed by many sources.

The XY Oracle Network provides developers with a platform to create decentralized location-dependent DApps.

At the moment, to implement this idea, XYO has built one of the largest networks of Bluetooth and GPS-beacons in the world (more than 1 million). The project has been in existence since 2012 and during this time protocols on the creation of a decentralized global location network have been developed.

The project is at the stage of fundraising for the development and promotion of the mobile application and network development.

The idea of the project has already been supported by such partners as Bluetooth and Etherprise Ethereum Alliance:

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I have already listed the areas of application of this project above. I am sure this is only a small part of where it is possible to introduce and use this technology.

Friends, if you like the article and the idea of the project, I would be grateful if you would support it with your voice and expressed your opinion on this project!

More information you can find on these links:

Website: https://www.xyo.network/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3040825.0
Telegram group: https://t.me/xyonetwork
My bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1187301

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