XYO Network Data Location Blockchain Based

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About XYO

XYO Network, blockchain-based location data, is building location technology with full transparency and without putting trust in a centralized third party, through blockchain. XYO is a blockchain for location.
Currently, GPS systems are not suitable for location-based applications that will require accurate and reliable location data. Recently, Boeing patented blockchain-based data to use as an information backup note if the anti-spoofing system detects potential storage problems in the event of a GPS failure during the flight.
Most GPS is unencrypted, has no proof-of-origin or authentication features, and remains extremely vulnerable to fraud, spoofing, jamming, and cyberattack. Unfortunately, the global financial system still relies heavily on GPS, making them vulnerable to hacking.

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 being 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 generates many answers, the nodes will compare the answers and always choose the best answer.

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 is not only appearing on the client's doorstep, but is delivered safely 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 enables merchants to protect against fraud and ensure that consumers pay only for goods that arrive at their homes.

Specification Token XYO

General sales tokens have a multi-level pricing structure, 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 main sale

Further information can be found through the links listed below:
WEBSITE: https://xyo.network/index.html
ANN THREAD: https://bitcointalk.org/index.php?topic=3040825.0
TWITTER: https://twitter.com/XYOracleNetwork
FACEBOOK: https://www.facebook.com/xyonetwork
TELEGRAM: https://t.me/xyonetwork
Author by: familyforever

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