We live in the future! May not be easy to understand, but we even go beyond their years hitchhiking in the movie “back to the future”, so for me it is official now. In recent decades, human beings have made great progress through science and technology in all areas of life. Many new opportunities are available to all of us, and because of that, the way we live our lives changed. We now have access to the knowledge of all human history in our hands; Communication is fast, available and virtually free of charge, the opportunity to learn new things is here thanks to the internet, the technology surrounding us we save time and allow more free time for us to spend what we like. But to enjoy all these benefits, there is also a price to pay anyone who wants to be a part of this new civilization. It all became public, we share a big part of our life with strangers, and almost everyone can know where we are, what we do and what we like. Difficult if not impossible to avoid paying this price.
Thanks to blockchain technology, a new era of progress here, we can call it a revolution of decentralization. Many projects creating new realities of rebellion where we don’t have to rely on a central authority controlling and having insight into our lives. One of the most important projects and leaders of revolution decentralized is taking our location data from the hands of the Central Government and make us independent. This project name is XY Oracle Network (XYO).
What it is: XYO
XYO is based on blocks without trust, zero knowledge proofs, cryptographic location network that eliminates the need for a centralized location data collection. XYO network will enable the location of each individual object or through the many classes and protocols of the device. To make this possible XYO team using the “Proof of Origin” and “Bound Witness” to combine the blockchain decentralized world with our real world data into a single new game network changed.
This may sound like something from the future, but as I said at the opening of this article, we will live in the future, and the project is already available XYO and ready for business. They have the infrastructure there are as many as 1 million operational tracking beacons that represents one of the Bluetooth and GPS network of the world’s largest consumer, and to project this XYO is just the start!
Even at the time of the first reading, it is not easy to understand all the technical details to someone without a technology background. I find it challenging and interesting WHITEPAPER XYO
. To simplify everything that we can say, even that will not be 100% accurate, team GPS system creates XYO decentralized upgraded more secure to use and less susceptible to unwanted interference from third parties. Create something of this size and importance is a great achievement, and the possible business applications for project XYO very much. To get more information on the possible use cases, XYO gave us detailed explanations and documentation for all the main ones: eCommerce, health care and hospitals, car rental Agencies, Commercial Airline Luggage Logistics , Insurance agents, National Security Agency, Package Delivery system of Drones and much more. of them coming soon
I wrote an article about more than 150 ICO in the last six months and spent hundreds of hours reading and think about it. I must say that I was impressed with everything about the project XYO, from their web site, promotional videos, ideas, established business, a ton of documents and newspapers with use cases and business plans for the future and of course the people behind this project. Here’s how you prepare a project for ICO and presenting his to the community and potential investors, and all of the ICO of the future can learn from XYO
. Big respect from me and You bring me to the ship as an investor, that’s for sure. For others who plan to participate in the ICO, I encourage you to join the WHITELIST FOR TOKEN SALE and do your due diligence in XYO before it starts. I will write more about this project in the future, so look forward to news about the team, tokenomics, roadmap, business plans and more.
Website : https://xyo.network/index.html
Whitepaper : https://xyo.network/whitepaper
Twitter : https://twitter.com/XYOracleNetwork
Telegram : https://t.me/xyonetwork
My Ethereum Address:
Tags: #cryptocurrency #cryptonews #ico