XYO ICO PROJECT OVERVIEW

 

We are all very fortunate that we were born at this time. We are at the very beginning of the birth of the IT industry. Now we have the most comfortable life, which can only be, a huge number of discoveries and technologies confirm this. But today I want to touch specifically on one direction and this is technology related to determining your location. You just imagine what will happen if the technology is used in this area. This will give us tremendous growth potential, new opportunities and incredible scalability.We all use geolocation services every day. Virtually any device to date has a GPS sensor, and the technology itself carries a huge number of benefits. For example, I got into an unfamiliar city and I need to get to a specific location. I just open my smartphone, I go to an online map and ask the address I need. Further thanks to GPS, I can easily reach the address specified by me.But if this technology is developed further, then we will get an incredible functional, which we can not even imagine. It is the XYO Network that eliminates the need for centralized data collection about your location, and the XYO network will provide access to smart contracts using a system that is geolocation based. In this case, it should be said that this is a service of both software and hardware.XYO Network is the first secure communication network "proof of location" and thanks to the technology of the block and XYO network users will be able to track not only the start and end point, but every stage of delivery in real time. And most importantly, it will be reliable and verified information, the value of which will be supported by members of the Oracle network.Of course you will be interested in applying these technologies to practice. Now I will tell you where it will be possible to apply this product. 

WHAT IS THE XYO NETWORK OFFERS IN THE REAL WORLD AND WHAT THIS MAY PROVIDE FOR PEOPLE?

This is a good question when it comes to knowing what a new project can offer to each of the people. That is, to know what are the true contributions. Therefore, as mentioned above, the area to be developed by the XYO network is specifically geared towards decentralized geolocation.This geolocation is geared towards the GPS sector. For several years, XYO is at the forefront of creating new methods and systems for locating. It is the factor that most interests them that is to be able to develop an environment in which information flows quickly, steadily and safely. A system that allows direct interaction with users continuously and without interruption.Similarly, the task that XYO Network has developed over time performs a dual function. In addition to providing users with a location-based service that is notable for its accuracy and speed, it also aims to create a fully decentralized platform. In short, a system in which only the user and the application intervene and correlate without the intervention of third parties or intermediary organizations, which will reduce globally really high costs. In fact, you only need to see the money that markets move, which depend on the location, amounting to at least $ 11 trillion a year. This, if you compare them with other markets (about $ 400 billion in the total capitalization of all crypto conversions, or $ 2.77 trillion in online B2C sales), 

At the moment there are already more than 1 million lighthouses on the network that check the location, and new ones are added every day. The world is becoming increasingly dependent on location data. This requires new, self-governing cars, aircraft, intelligent cities and much more. There is a need for a decentralized system capable of receiving location data from an array of different location tracking devices.Also note the official web client XY Gamma, which not only has a convenient and intuitive interface, but special API tools for developers and software libraries with support for the languages

Solidity, Viper and others. After all, the XYO network supports working with such blockbodies as Ethereum, NEO, Cardano, Stellar, EOS and many others.

Verification is not related to large paid corporations or institutions. The network operates on a fully transparent and autonomous system. The system is free for use (open source) and does not have entry barriers (for fair competition).
Power and trust are shared among the members of the XYO network. They are not concentrated in any centralized organization. Location data is provided anonymously to protect the privacy and security of participants on the network.The project has a strong and highly qualified team, which in my opinion is able to bring the project to the highest level in the shortest possible time and I hope they succeed.

 HOW CAN WE USE XYO NETWORK FUNCTIONS IN EVERYDAY LIFE?

As you may have noticed, geolocation is very important in the real world, and therefore what the XYO network offers us can perfectly match with various tasks or functions in which we clearly improve our lives. A vivid example of this can be information about the location of the product, which was sold via the Internet. Both the seller and the buyer will be informed about where the package is always, which will avoid many headaches and unnecessary expenses.But this is just one of many cases where you can apply from auto insurance agencies for vehicle detection, to the airline agencies for locating suitcases or in national security with more careful gun control.However, there are still other scenarios that are much more important than reducing costs and headaches, such as reducing the death rate of people due to the errors existing in the current system.For example, medical errors are the third leading cause of death in the United States, and many of these deaths are the result of errors in work or registration that include adverse drug interactions, inadequate medical records and even unnecessary surgery; but if the XYO network was connected to an existing system, this would significantly reduce communication errors and the keeping of records that could cause injuries to the patient and, in addition, death.As you can see, the advantages of the XYO network in the real world can be extremely important and impressive. 

The team includes large specialists from various industries with many years of experience. With key participants you can see on the official website, there you will also find links to their personal accounts in social networks.The company built one of the largest Bluetooth networks and GPS-beacons in the world. They released GPS tracking technologies, such as XYGPS, the world's first hybrid GPS and Bluetooth device, capable of reporting its location from anywhere in the world where data on cells and GPS is available. They also released the XY4 + device. The headquarters is based in San Diego, California. The company was founded by Arie Trouw. Other key team members include Scott Shepher and Marcus Levin, who joined the company as co-founders.

ICO XYO Network runs from March 20 to May 20, 2018.

After fully analyzing the company, we know that XYO Network already has an existing network of location tracking devices, including hybrid Bluetooth and GPS devices, capable of tracking the location anywhere in the world. And this means that the company has a ready-made product that is in demand and will be in demand even more.The project will reveal its full potential in the long term. This is facilitated by its global idea, and the development team, and the road map, with which I recommend you read on the official website of the project. I believe that the developers will be able to realize the full potential of this project and I hope for its speedy application.

For more information : 

WEB: https://xyo.network/
WHITEPAPER: https://xyo.network/whitepaper/
TWITTER: https://twitter.com/XYOracleNetwork
FACEBOOK: https://www.facebook.com/xyonetwork
TELEGRAM: https: //t.me/xyonetwork
ANN THREAD: https://bitcointalk.org/index.php?topic=3040825.0 

Prepared by : Rajee89

https://bitcointalk.org/index.php?action=profile;u=1540706