XYO – Pioneer Of the Location-based Decentralization
As we know, the development of digital platform from time by time and obviously were experiencing the incredible accelerations. services and features that were produced are always more sophisticated and advanced than the previous version development. Is this reasonable? Of course
We are in an acceleration age nowadays where the world and technology are changing rapidly, this circumstance is due to the development of such technology massively for many purposes that aim to solve the problems. In the current era, almost there aren’t the problems which can not be solved with the assistance of technology, these things are very different if compare than the previous few decades ago, we fell the situation where the movement and development of any sector in the world run slowly.
We are at the point where the principle of centralization ecosystem will be replaced with decentralization ecosystem. we are already familiar with blockchain technology that running on in decentralization platform. soon or later it will become to be a part of human life . and it was already running on that track. the blockchain technology allows us to do many great things using this technology.
THE PROBLEM OF CURRENT CIRCUMSTANCES
We have to admit. there is still a deficiency in the decentralization platform as we have told. the verification of the location of the parties that make the smart contract is not known by among us except the maker itself. this is an issue that has to be solved to create the decentralization ecosystem even better, ‘ where transparency, accessibility, and reliability are essential benefits that have become the important parts and identity of decentralization eliminate negatively impacted is caused by lack of trustless in location oracle.
So far the geolocation that identified as the location coordinating pointer has the well known by people is GPS feature which it works in centralization platform. the process during the coordinating the location only happens between users and the application which control the flow of data location. no interference from third parties or intermediaries. of course it requires a huge amount cost to maintain those to keep running on. but the worst is centralization always do control over data location. that details of aforementioned above that XYO network is solving.
XYO NETWORK BE PRESENT AS THE SOLUTIONS
XYO Network is Platform that specifically concerns decentralized geolocation sector. geolocation is the process or technique of identifying the geographical location of a person or device by means of digital information processed via the Internet. might of you might be familiar with GPS features but the XYO truly complement the lack of GPS can provide.
XY is adopted from the abbreviation of the x-axis and the y-ordinate which those are the utility of cartesius coordinates so that enabling the XYO network to represent virtual panorama based on accuracy and correct transmission of information.
XYO provides accurate and high-speed geolocation service. XYO truly aims to create a powerful geolocalisation digital ecosystem enabling to create panorama or simulation of the earth’s surface based on coordinates and transmitting the correct information. XYO create also a variety of criteria that protected geolocalization methods which cause data transmission to run balanced. not giving any possibility for the hacker to attack the system because it was protected by high-level cryptography.
The chain of blocks within XYO also play an important rule in the development network. creating the interactive environment and exchange data and information consistently in the digital ecosystem, Not only in geolocation service, XYO network perfectly combines various tasks and functions that can ease our lives such as clear of information related to location and information product which are traded over the internet. with clear location and information, these will certainly inform both buyers and the seller about the object or items in real time.
HOW IS IT POSSIBLE TO REALIZE THOSE SERVICES? ANYWAY IT HARD TO ACHIEVE
XYO had realized that need a big potential and resource to keep those circumstance become true. supporting by the advanced technological factors that make XYO network look different than other and own its style. there is four important component such as Sentinel, Bridges, Diviners, and Archivist. there four-factor make the geolocation entire the planet are safer and more accurate.
They have the different function based on their specifications. one to each other integrates to make all works as well as the purpose. running based on smart contract rule. hereby. the little explanation and summary of XYO network according to their function of each component below
1. sentinel has rules as location witnesses. vouching and guarantee They observe data heuristics and vouch for the certainty the important aspect running on well. form the same source sentinel will generate ledger and doing adding proof of origin to relay of cryptographic.
2. The bridge has rules as location data transcribers. it has a purpose as bridge dan relay between the component to another component. in this case relay location ledger from sentinel to archivist by providing honest of heuristic ledgers
3. Archivists obviously store location information from bridges. archivists have a function to collect all historical ledgers.
4. Diviners have the most complex task to do within in the XYO network. to be simple it is final place where gathering all accurate information through the blockchain platform. where all of them had processed thought smart contract
All of the components are rewarded with XYO Token (XYO) as an incentive for the services. for details of this component are aforementioned you can click the link below and read its whitepaper for getting more details
Successful Project always has a purpose to reach. these points can be read easily on a roadmap to track every progress will be through on the project. easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of XYO Networks projects looks very clear and informing. the team has planned in detail the big amount of tasks to be done and to be through. just looks the roadmap truly promising.
MEET THE TEAMS
Every great project needs an even greater team. XYO Network isn’t exceptions. XYO Networks Key team consist of twelve people. All of them experienced professionals with a lot offering for the development of the company. They are Founder & Architect, Co-Founder & Head Operations, Head of Analytics t and many more.
Every great project needs partners to help develop it. XYO Network is not an exception. The brilliant idea behind the company has attracted a number of partners. These are IFTTT, Bluetooth, Enterprise Ethereum Alliance and a few more.
the reliable expertise of ICO had given a satisfy assessments based on the progress and the vision. clearly showing XYO Network have the extraordinary solution that aiming for the current problem was happening. here the result following below.
The main sale phase begins on March 20, 2018, and will end on May 20, 2018, and its exchange rate is 1 ETH = 100,000 XYO. The XYO token is an ERC20 token and functions on the Etherum Platform.
In the end, that’s my shorty review according to Equity base exposure project. I surely know it there are still a lot of mind in every at you, you can get clear information by directly visit their official website and in some links that providing details of its information in the following below
Name : Kharisa Christvien
Username BTT : Alval
BitcoinTalk Link : https://bitcointalk.org/index.php?action=profile;u=1338699;sa=summary