XYO ICO REVIEW
Lelvin
With over 1 million worldwide spot verified spot flares, and more added to our network every day, the XYO Network is the main oracle network Proof of Location Blockchain network. Go along with us in the decentralization of the area dependent exchanging market, which adds up to $ 11 trillion (more than 3x larger than eCommerce).
We all become increasingly dependent on area information and self-propelled vehicles, unmanned air ship delivery packages, and keen cities in the future will fundamentally increase their dependence on them.
The biggest restricting component confronting the world today in propelling us to a more efficient technology future is relative to our capacity to put stock in area information.
"The need for a difficult to-treat system to complement GPS has been known for years.Very accurate and reliable GPS, yet stick, spoofing, cyber assaults and other types of diversion seem to increase frequency and severity have the potential to destroy the effects on our lives and economic movement. "
President of the RNT Foundation, Dana Goward
Our current area technology is excessively inadequate, making it impossible to move us into the future ...
The XYO Network is the answer to this problem.
The XYO network makes area information without confidence possible through the technological ecosystem and the crypto-area protocol necessary to bridge the hole from the present world, to the future world.
Please proceed below to learn how to ...
WELCOME TO THE FUTURE.
"XYO Is The Latest Breakthrough in Blockchain Technology and Can Be Larger than Bitcoin and Ethereum Combined" Often new technologies arrive that change the way we live. When Thomas Edison invented the light toward the end of the nineteenth century, he shone on the world. And we have not lived since.
When the Wright brothers became the first to reach the flight at the turn of the most recent century, it changed the way we traveled the world. When the internet became mainstream in the 90s, the whole world became connected.
And now new technology has arrived that will once again change our lifestyle ... and shake up establishments like banks and governments to the point where they do it. On the off chance that you feel that Bitcoin and Ethereum have rocked the world, you need to prepare yourself for what will happen next.
This new breakthrough is set to be larger than the mix of both. This will change the lives of a huge number of people anywhere on the planet and enter an untapped market, each worth over $ 11 trillion every year.
To understand how, let's initially get some perspective.
BITCOIN ONLY SMALL FRACTIONS FROM WHAT WAS COMING.
When Bitcoin arrived in 2009, it changed the way people execute online. It makes online exchanges safer, faster, and more efficient; a large number of people the world over are beginning to use and invest in it. Today the combined market value of every single advanced currency is over $ 400 billion ... and some experts estimate that Bitcoin alone could reach $ 1 trillion before the current year's over.
In any case, for what reason did this revolution happen at first?
This is mostly because of technology at the base of everything, a breakthrough called "blockchain".
Blockchain, the fundamental technology underlying Bitcoin, eliminates the need for trust because it makes all exchanges transparent, decentralized and secure. It really revolutionizes online commerce.
People would now be able to execute without knowing each other in a "no put stock in" exchange. There is no need for a trusted outsider to resolve the dispute. People can send money starting with one person then onto the next without the bank sitting in between, assuming control.
And then there's a bigger breakthrough.
Discover ETHEREUM.
In 2013, there was another breakthrough ...
A new blockchain platform called "Ethereal" was developed. It introduces the Turing-complete programming language into the blockchain and opens up new world possibilities.
To understand how it functions, consider Bitcoin a Calculator application on your phone, and Ethereum as your phone's operating system that lets you have bunches of applications with loads of features. One of the key features incorporated with Ethereum usefulness is called a "keen get" an exchange protocol that essentially closes payments and executes agreements for the same.
Instead of agreements written on a piece of paper and signed in dark ink, Ethereal's reality enables them to be written in computer code and executed when certain conditions are met. For example, imagine on the off chance that you need to place a bet of $ 20 then a specific games team will win. You can write a shrewd contract, and when the game is over, it checks his score and naturally sends $ 20 worth of Eher from the loser to the winner.
Because shrewd contracts keep running on the decentralized Ethereal client node, you never again have to rely on an outsider, like a games book service, to facilitate this type of exchange. As a result, intermediaries, and their expenses, are eliminated.
The best part is this is only the beginning.
Ethereum developers can likewise create their own applications that don't rely on outsider expert. This is the reason they are called decentralized applications or "DApPS".
They run a specially constructed blockchain, a strong shared worldwide infrastructure that can drive value around and represent property ownership. All without danger of downtime, censorship, fraud or outsider interruptions.
However, Ethereum has one major disadvantage. Because their brilliant contracts require a centralized outsider for verification, it makes them vulnerable to hackers.
Take for example wears betting. In the realm of Ethereum, the source in which a brilliant contract gets a game score (ie a games site that includes a game score) is called "prediction". A hacker or even an insider employee can infiltrate oracle, (for example, ESPN.com), where the agreement checks the score, and changes the score that benefits them. Very little to stress over when the stakes are $ 20. However, this is a basic purpose of failure when you consider several exchanges as high as $ 200,000 or more.
To get around this, some "prophecies" are used to develop the supposed "consensus"; meaning savvy contracts have to be checked with some prophecies and they all have to agree on a match score, for example. Along these lines, the agreement is just executed when there is consensus and every single outsider demonstrate the same score.
Since the advent of Etereum, there has been a quick development and the creation of DApps and the technologies associated with cryptocurrency. They have revolutionized the way people execute online - a market worth $ 11 trillion yearly.
Even at this early stage, blockchain technology has majorly affected the world. However, after seeing how they changed the online world, the next characteristic question is.
Imagine a scenario in which blockchain technology can be bridged with the real world.
Bitcoin technology and blockchain are limited to the internet. Any new blockchain technology, cryptocurrency, or new "token", which is an economic apparatus used to adjust the underlying platform economy, focuses on online applications rather than offline ones.
In spite of the fact that the offline world, the world market is in reality still the largest. It's worth more than $ 400 trillion every year. Since 2012, we have developed area based technology that intends to connect the computerized world with the real world. Over the previous few years, XY has developed a critical technology to convey blockchain to the offline world, making it programmable and accessible to shrewd contracts.
To enable this, we have to overcome two very troublesome tasks: First, we've created consumer-based consumer item businesses focused on getting Bluetooth following and GPS following trackers around the globe. And second, we have developed innovative research in blockchain technology that focuses on the area so it is never again limited to the online world.
After years of research and advancement, we have completed both.
XY has become a leader in technology that can be found with Bluetooth and GPS beacons that permit consumers every day to track real items in real-time, appropriate from their smartphones.
XY now has more than 1 million area beacon devices circling on the planet. In only a few years, we've assembled the world's largest network of Bluetooth and GPS devices.
HERE IS THE REAL THINGS LOOKING FOR.
Due to the progress we've made, we can track objects, from jewelery to autos, to their exact area in real-time. This is because everything on the planet is determined by their XYZT coordinates; These things can not leave that space.
When people or objects keep running along their T (time) coordinates, they interact with each other, creating what is called metadata. Simple examples are two or more people in a meeting or conversation. Conversation is a recording of interaction. On account of the XYO Network, we take this interaction as the signature time between these two parties - two people take a selfie, make two selfie copies, sign both, and each take it. The resulting metadata is currently additionally a permanent connection between two entities; This is the core protocol underlying the XYO Network platform and discussed in detail later.
Be that as it may, as a matter of first importance, what does this mean, since the XYO Network meeting on its area advancement combined with the development of blockchain, we can introduce one of the most exciting ideas in the present blockchain.
For more information on the current XYO project, visit the links below:
WEBSITE: https://www.xyo.network/
TWITTER: https://twitter.com/XYOracleNetwork
FACEBOOK: https://www.facebook.com/xyonetwork
TELEGRAM: https://t.me/xyonetwork
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173