XYO Network - Blockchain Just Entered The Real World

What is XYO Network?

The XYO Network is blockchain’s first decentralized, trustless and secure Proof of Location organize. Because of its two one of a kind center ideas, Proof of Origin and Bound Witnesses, the XYO Network allows developers and smart contract creators to interact with the real world as if through an API.

The XYO Network has four essential parts, Sentinels, Bridges, Archivists, and Diviners. These four segments empower geo-centered, accord building and trustless confirmation of area information.This implies when you write a smart contract that indicates for a question show up at a particular XY arrange, in the event that it shows up there, you will realize that it was at that area with absolute certainty . This is altogether managed without danger of caricaturing the area flagging device(s) checked by a large number of Sentinels in the XY Oracle Network with the longest Proof of Origin chain.

The XYO Network makes trustless location data possible through anecosystem of crypto-location technologies and protocols necessary for bridging the gap from the world of today, to the world of tomorrow.

The four Primary Components of XYO Nework.

Sentinels (The Data Gatherers) — Sentinels are location witnesses. They observe data heuristics and vouch for the certainty and accuracy of the heuristic by producing temporal ledgers.

Bridges (The Data Relayers) — Bridges are location data transcribers. They securely relay location ledgers from Sentinels to Archivists.

Archivists (The Data Storers) — Archivists store location information from Bridges in a decentralized form with the goal of having all historical ledgers stored.

Diviners (The Answer Aggregators) — Diviners are the most complex part of the XYO Network. The overall goal of a Diviner is to fetch the most accurate data for a query from the XYO Network and relay that data back to the issuer of that query.

In what context can we use the XYO Network function?

As you may notice, geolocation is very important in the real world, and therefore, what XYO networks offer can be seamlessly integrated into the various tasks or functions in which we will obviously improve our lives. A real example of this is information about the location of products that have been sold out through the Internet. Both the seller and the buyer will be notified of where the package is at all times, which will avoid many headaches and unnecessary costs.

But that's just one of many cases where you can sign up, from a car insurance agent to detect a vehicle, to a flight agent to detect the location of a suitcase, or in national security with more precise control of the weapon.

However, there are still other scenarios that are far more important than cost reductions and headaches, such as the reduction of human deaths due to errors that exist 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 operational errors or records, including adverse drug interactions, inadequate medical records and even unnecessary operations; But if the XYO network is connected to an existing system, it will significantly reduce communication errors and record maintenance that can cause serious injury to the patient and, in addition, death.

How to participate?

The XYO Token (XYO) is the utility token that smart contract developers can use to access the XYO Network. Anyone can participate in the XYO Token Generation Event as its different stages on the website.

XYO Token Specifications

The public token sale has a tiered pricing structure that starts at 1 ETH: 100,000 XYO and maxes out at 1 ETH: 33,333 XYO.

• Smart contract platform: Ethereum

• Contract Type: ERC20

• Token: XYO

• Token Name: XYO Network Utility Token

• Token Address: 0x55296f69f40ea6d20e478533c15a6b08b654e758

• Total issuance: Finite and capped at the amount reached after the Token Main Sale

• Amount issued during the main sale: Unlimited

• Unsold and Unallocated tokens: Burned after the token sale event. No further XYO tokens will

be produced after the Main Sale ends.

XYO Pre-Sale Timeline and Details

● Start: January 5th, 2018

● End: February 28th, 2018

● Token Price: 1 ETH = 200,000 XYO

● Minimum Purchase Amount: 15 ETH

● Maximum Purchase Amount: Unlimited

XYO Main Sale Timeline and Details

● Start: March 20th, 2018

● End: May 20th, 2018

● Token Price: 1 ETH = 100,000 XYO initially and 1 ETH = 33,333 XYO at max.

Road Map

For More Information Follow Us Here: 

Website : https://www.xyo.network/
Ann : https://bitcointalk.org/index.php?topic=3040825.0
Bounty : https://bitcointalk.org/index.php?topic=3053801.0
Whitepaper : https://docs.xyo.network/XYO-White-Paper.pdf
Telegram : https://t.me/xyonetwork
Facebook : https://www.facebook.com/xyonetwork
Twitter : https://twitter.com/XYOracleNetwork

Created by : dahwal2
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1282595

ETH address : 0xDEE2e3668E792dfB9941ca984bD7E8C91C51227c