XYO Network
Good evening and congratulations to meet again with me han emily. In this encounter I will explain to you all the XYO Network platform. Of course this platform is very interesting and profitable for all of you who join this platform. For more details let's just see the explanation from me below.
What is XYO?
XYO is a trust-based block chain, a proof of lack of knowledge, a cryptographic location network that eliminates the need for centralized location data acquisition. The XYO network will allow you to locate individual objects or items through multiple classes of devices and protocols. For XYO the team used «Evidence of Origin» and «Bound Witness», to combine the decentralization of the world's blockcheynov with real data for the new network, which changed the game.
It may seem like something of the future, but as I said at the opening of this article, we live in the future, and the XYO project is easily accessible and ready for business. They have an operating infrastructure of 1,000,000 radio beacons tracked to represent one of the largest Bluetooth and GPS networks in the world, and for the XYO project this is just the beginning!
Even in the first reading it is not easy to understand all the technical details for someone without a technical background. I find XYO WHITEPAPER challenging and interesting. To simplify everything we can say, even this will not be 100% accurate, the XYO team has done a better decentralized GPS system safer to use and less prone to unwanted intrusions from third parties. Creating something so big and its importance is a huge achievement, and maybe the business applications for the XYO project are numerous. For more information about possible use cases XYO provides detailed explanations and documentation for all major: e-commerce, medical and hospital care, car rental agencies, airline baggage commercial insurance agents, national security agents,
The purpose of XYO network
The goal of the XYO network is to create a reliable and decentralized search engine system that is resistant to attack and gives maximum confidence when requesting available data. They do this through a series of abstractions, which significantly reduces the risk of location change through the zero value chain across all system components.
Components along the original proof chain are paid for their participation in receiving responses to the request. If the same request is requested more than once, more than one response is acceptable, since the response currently made is based on the available heuristics that the system can offer at that time.
Sending a response to the block is done in two stages. First, analysis is needed to determine the best response to a query. If the system produces many answers, the nodes will compare the answers and always choose the best answer.
Problem
According to a recent study released by Comcast, more than 30% of Americans have packages stolen from their terraces or thresholds [1]. As e-commerce market share continues to grow, this problem will only become more common. Major cities, such as Amazon, experimented with various solutions to provide secure delivery, confirmed as a premium service for their customers.
Solution
Using XYO and Token XYO networks, the company can offer independent verified registers to track every step of the shipment, from the execution center to reliable shipping within the customer's home. As a reliable and decentralized system, the XYO network provides independent confirmation not only of packet delivery, but also the entire transmission history. It also allows resellers or e-commerce sites to offer delivery payments, using the smartest Ethereum contract to protect merchants from fraud or loss.
How does it work
When the client completes the order, a reasonable contract is concluded with Ethereum, which issues payment to the seller after successful delivery of the purchased product. Shipping will include XYO Touch Network, a low-cost electronic device that records its interactions with other devices on the XYO network in its notebook. Other XYO network devices will also record their interactions with packets sent. Each of these interactions will be independently verified by approving a network of locations extending to the origin of the dispatch. When delivery reaches its destination, confirmed by its interaction with the XYO network device at the buyer's home, the intellectual contract will be executed and the payment will be issued. There must be a dispute,
The transaction endpoint - the point at which the packet is sent and the payment release - will be determined at the time the order is executed. Amazon has experimented with several secure delivery systems, including lockers in public places such as stores and even electronic locks that provide access to introductory teams to customers' homes. The XYO network device in this secure place will confirm the shipment. In the Amazon cabinet, the packages provided will not only interact with their lockers, but also with XYO network devices in other lockers and customers who use them. At the client's home, the XYO Network node can include subscriber phones, IOT devices and even Amazon Echo used to place orders.
An example of using XYO network
Using XYO Network has many applications covering many industries. Take, for example, eCommerce, which can offer its clients services for gift delivery. To be able to offer this service, eCommerce will use XYO Network (which uses XYO Token) to write smart contracts (eg on the Ethereum platform).
The XYO network can then track the location of packets sent to the consumer at each step of the execution; from warehouse to courier, from courier to consumer home and every place among them. This allows retailers and e-commerce websites to confidently verify that the package not only appears on the client's door, but is delivered securely to the home. Once the packet arrives at the customer's home (determined and verified by a certain XY coordinate), the submission is considered complete, and payment to the vendor will be sent. Thus, the integration of XYO networks into eCommerce allows merchants to protect against fraud and ensure that consumers pay only for items that arrive at their home.
Specification Token XYO
General sales tokens have multi-level pricing structures, starting with 1 ETH: 100,000 XYO and a maximum of 1 ETH: 33,333 XYO.
Immediately, details about their volume structure and timing will be announced.
• Smart contract platform: Ethereum
• Contract type: ERC20
• Token: XYO
• Token Name: XYO Network Utility Token
• Token address: 0x55296f69f40ea6d20e478533c15a6b08b654e758
• The total problem: The final and limited amount achieved after the Token primary sale
Up here the delivery of me related platform XYO Network, hopefully with what I convey useful for your knowledge and can be used as consideration by you in taking the decision to immediately join the XYO Network.
FOR FURTHER INFORMATION, PLEASE VISIT LINKS BELOW:
Website: https://www.xyo.network/
WHITE PAPER: https://xyo.network/whitepaper
FACEBOOK: https://xyo.network/whitepaper
TWITTER: https://twitter.com/XYOracleNetwork
TELEGRAM: https://t.me/xyonetwork
ETH: 0x953F263907B8Abb79CC58a55968601BD6dB029a7
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