It is widely believed that #blockchain would revolutionize the world in an unimaginable way, blockchain technology has the potential to penetrate every industries of the world. We have seen lots of project trying to bring blockchain technology to real world use. An example of such project is #XYO Network which is trying to disrupt location tracking; XYO network is the first world location base Oracle Network. XYO Network platform would give developers the ability to interact with real world as if it were an API(Application Program Interface), XYO Network is ready to execute the monumental task of making location verification trustless while introducing Proof of Origin and bound witness protocols.
INTRODUCTION OF XYO NETWORK
XYO Network tries to leverage limitations of smartcontracts and move a little further, smartcontract which is used to automatically, trustlessly and transparently execute contracts but still relies heavily on centralized system for data sources. XYO network tries to completely rely solely on distributed network of interconnected device as a source of location data without requiring a centralized system. It is trying to completely eliminate the centralized system and fully leverage on distributed network as its data sources. Additionally, XYO Network makes it possible for smart contract to plug into real world by calling XY's network of devices to determine if an object is at a specific XY-Cordinate at a particular time, if location is confirmed, smart contract is executed. The use-cases and overwhelming impact of such technology are infinite.
29 ICOBENCH experts rated XYO Network 4.2/5 rating, we are the top rated ICOs on the platform. https://icobench.com/ico/xyo-network
XYO NETWORK USE CASE
XYO Network use case spread across different industries of the world, from use in hospital, down to ecommerce systems, straight to National security, over to rentalcarfacilities, and finally to the automated drone.
Airport : XYO Network can be used in airports to track and locate users luggage through the XYO Network ledger, and in cases where the luggage is lost permanently, it would track the last location and the last person who was in possession of it.
Automated Drone : XYO Network would allow for automated drone to communicate their absolute and relative location to each other using a general protocol, it leverage the blockchain feature by recording the interaction between devices on a decentralized ledger.
E-Commerce : XYO Network Proof of location could allow ecommerce store track every step of the journey from first mile to the customers doorstep with an independent confirmed ledger, the location is recorded trustlessly in a decentralized system.
Hospitals: XYO Network would house verifiable patience interaction with staffs while being able to log onto necessary patience data when needed.
The use case of XYO Span across different industries and the list goes on.
TEAM
The team is headed by Arie Trouw who have a strong experience is software development and have worked with top tech companies like Apple, Atari among others. The team also comprises of marketing experts, seasoned engineers, and business development professionals. Below are their names and Linkedin Profile Link.
Arie Trouw - Founder & Architect || Scott Scheper -Co-founder & Head of Marketing || Markus Levin - Co-founder & Head of Operations || Lee KohseSr - Design Engineer || Keri Kukral - Head of Public Relations || Maryann Cummings - Client Support Manager || Maria Cornejo - Retail Management Supervisor || Vicky Knapp - Sr. Accounting Manager || Patrick Turpen - Hardware QA Supervisor || Carter "Big Head" Harrison - Blockchain Application Developer || Louie Tejeda - Warehouse Logistics Supervisor || Jelena Boskovic - Head of HR & Administration || Zefram "3 Bullet" Liu - Blockchain Engineer || Owen Shen - Blockchain Engineer || Jared "Tobyn" Jacobs - Jr. Blockchain Engineer || Noah Levin - Business Development
ROAD MAP
Code : 1442709Telegram group: https://t.me/xyonetwork
Whitepaper: https://docs.xyo.network/XYO-White-Paper.pdf
Website: https://xyo.network
Twitter : https://twitter.com/XYOracleNetwork
ANN Thread: https://bitcointalk.org/index.php?topic=3040825.0
If you like my article kindly Upvote, drop your comment or question in the section below.
Thank you.
This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://docs.xyo.network/XYO-White-Paper.pdf
yes, you can read further on their white paper here : https://docs.xyo.network/XYO-White-Paper.pdf
Congratulations @devblock! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThanks.
This is no doubt a great project with potentials.
ok.