XYO - an innovation in the field of location proof!
Navigation systems are used every day in the modern world both by private users and large companies. We use GPS on our way to work, using mobile banking, we leave our personal data, speaking on a mobile phone, we transmit confidential information. The importance of using and obtaining reliable information in air travel and military navigation is difficult to underestimate.
The 21st century is the age of information technology. This period is very different from the previous one: it is ruled by technology, which every year becomes more and the importance of the transmission of reliable information becomes higher. Technology has made our lives more comfortable, solve many problems per person and saving a lot of time.
Have we ever thought about how much information we transmit is protected, and the one that we get reliable? And what kind of irreversible effects may cause invalid data in the military or air flight?
The need for a complex system that complements GPS is very high. GPS is extremely accurate and reliable, but cyber attacks and other forms of interference are growing in frequency and severity, have a devastating impact on our lives and economic activity.
Thus, there is the following problem: both certainty and location accuracy are adversely affected by the lack of a reliable decentralized source.
The XYO Network project is designed to solve these shortcomings and improve navigation.
The development team has created an ecosystem of cryptographic protocols and components that take advantage of blockchain technology strengths and address challenges related to modern location-based technologies. This is achieved through new mechanisms such as" Proof of origin "and" Related witness " that link
the power of blockchain technology and data collection in the real world into a single system.
The validity of obtaining data from a single source occurs by sending a series of data packets that are signed in consecutive pairs with temporary private keys and include paired public keys.
Here are some examples of where the XYO network is already used by ordinary users and large companies:
- E-Commerce - delivery of goods with tracking of each step of progress of sending;
- Medicine-elimination of errors in work, unfavorable interactions with medicines, incorrect medical records and even unnecessary operations;
- Car hire;
- Logistics-ease of finding lost Luggage when flying;
- The delivery system is unmanned.
Examples of usage in the future:
- Safe control of fully unmanned vehicles and aircraft;
- Secure data transmission in the military without the risk of data loss or compromise;
- Whole systems of management of smart cities of the future.
The fields of application can be enumerated endlessly.
XYO built one of the largest networks of Bluetooth and GPS-beacons in the world for realization of this idea, also within several years protocols on creation of the decentralized world network of determination of location were developed.
ICO is implemented for the purpose of development and promotion of the mobile application, its improvement.
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