[ANN] XYO - Decentralized Crypto-Location Oracle Network

pedrillo0

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SMART CONTRACTS CAN NOW INTERACT WITH THE REAL WORLD AS IF IT WERE AN API



XYO Network - Crypto-location Oracle Network

With over 1 million location-verifying beacons already built, and 300,000 ready to be enabled, XYO is blockchain's first crypto-location oracle network. XYO is focused on decentralizing the $11 trillion dollar+ location-reliant trade market.

PARTICIPATE IN THE XYO TOKEN SAL:
https://get.xyo.network/purchase

XY, the company behind XYO, has built one of the largest networks of Bluetooth and GPS beacons in the world. For several years, we have quietly developed world-class location protocols necessary to achieving our mission of building a decentralized location network.

The XYO Network makes this possible through an ecosystem of crypto-location protocols necessary for the technologies of today, and the world of tomorrow.

We are opening up our network so that blockchain developers can interact with the real world as if it were an API. We would love for you to join us in making this happen.


USE CASES
The XYO Network has use cases for any participant in location-reliant transactions. Outlined below are use cases that the XYO Network is actively being utilized for.


eCommerce

According to a recent study released by Comcast, more than 30% of Americans have had a package stolen from their porch or doorstep. As the market share of eCommerce continues to grow, this problem will only become more prevalent. By utilizing the XYO Network and XYO Tokens, companies like Amazon and UPS can offer, as a premium service, an independently confirmed ledger to track every step of a shipment’s progress, starting at the fulfillment center and ending with the package’s secure delivery within the customer’s home.

DOWNLOAD USE CASE PDF

Medical Care and Hospitals

Medical errors are the third leading cause of death in the United States, according to a study released by Johns Hopkins School of Medicine. Many of these preventable deaths are a result of operational or record-keeping errors, including adverse drug interactions, improper medical records, and even unnecessary surgeries. By tying the XYO Network into the operational frameworks that are already in place, care providers can significantly reduce failures in communication and record keeping that result in patient injury and death.

DOWNLOAD USE CASE PDF

Rental Car Agencies

The number one problem that rental car agencies face are logistical ones. Simple events such as the customer losing their keys results in millions upon millions of dollars in lost opportunity cost for car rental companies each year. XY has already implemented a pilot program with one of the largest US rental car agencies to help cut down on the number of keys that aren’t returned at major airports. By expanding the program to make use of the XY Oracle Network, the rental car company and its customers can reduce the number of lost keys.

DOWNLOAD USE CASE PDF

Commercial Airline Luggage Logistics

Lost and mishandled luggage costed airlines $2.1 billion dollars in 2016, according to a study by SITA. While systems are improving, the complexities of air travel still result in millions of angry passengers with lost bags each year. The XYO Network has implemented a decentralized, trustless system for tracking and locating luggage. Its decentralized nature even allows airlines to utilize each other’s networks without compromising the airlines’ network security or needing to coordinate system updates - this means that if you’re at the United desk in Dallas, but your bag is at the Delta desk at SFO, the bag can still be instantly located by accessing the XYO Network Ledger.

DOWNLOAD USE CASE PDF

Insurance Agencies

Insurance for vehicles, modular homes, and other high-value, high-mobility objects can reimburse for theft, but can’t inherently assist in locating the original good. The insurance industry is also susceptible to fraud, especially in the case of insured items that are highly mobile. XY is already working with an insurance company that covers high value, high mobility goods to help them process claims and recover insured goods. Using the XYO Network, a decentralized and trustless location-based blockchain ledger, the company and its customers have access to an independently verifiable location history in the event of a claim.

DOWNLOAD USE CASE PDF

National Security (TSA) Agencies

In high security areas, it is essential to ensure that any authorized firearms are strictly controlled. Creating a system that is secure, reliable, and publicly accountable poses an operational challenge. A high-profile government security agency has contracted with XY to secure firearms in major transportation hubs throughout the United States. The use of XY’s existing technology saves the agency millions of dollars, and the decentralized nature of the blockchain creates a system that is both independently secure and publicly accountable.

DOWNLOAD USE CASE PDF

Drone Package Delivery Systems

Numerous entities are very close to implementing automated drone services, from eCommerce giants like Amazon and Walmart to Google/Alphabet’s Project Wing to the numerous drone mapping services already in operation. Ensuring public safety, securing personal privacy, and maintaining compliance with FAA regulation will become increasingly challenging as guidelines are altered and skies become more crowded.

DOWNLOAD USE CASE PDF

WHITE PAPER
The XYO Network White Paper outlines how the XYO Network works, the components & protocols involved and the cryptoeconomic incentives underlying the network.

DOWNLOAD WHITE PAPER PDF






 

pedrillo0

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Apr 30, 2016
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Prysmatic Labs Wins Prestigious Ethereum Scalability Grant

Prysmatic Labs, a project we are huge supporters of fans of, was awarded a $100,000 scalability grant for sharding implementation as part of the inaugural class of Ethereum Foundation beneficiaries. The Ethereum project seeks to support useful DApps and smart contracts on the Ethereum blockchain with the goal to empower developers with best-in-class R&D, developer experience, and education.

https://medium.com/xyonetwork/meet-ethereums-recipient-of-the-scalability-grant-xyo-network-advisor-raul-jordan-9ff601d713e5
 

pedrillo0

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Integration with the XYO Network: Ethereum vs EOS vs NEO


The XY Oracle (XYO) Network is designed to provide Proof of Location to smart contracts while following the defining principles of blockchain (decentralization, lack of trust, etc.). This allows the XYO Network to provide smart contracts with “an API for the real world” by providing them with information on the location of tracked devices in the real world.


https://medium.com/xyonetwork/xyo-network-strengthens-crypto-location-tech-portfolio-with-the-acquisition-of-geo-4fd0d7ea2d0c
 
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pedrillo0

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Apr 30, 2016
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México

pedrillo0

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Apr 30, 2016
447
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One Million Solutions and Growing…all about XYO’s Proof of Origin and Bound Witness Technology


You understand the basics of how cryptocurrencies work. Blockchain technology no longer completely baffles you. Self-driving vehicles, package delivery drones, and smart cities excite you.

Like many people, you are half curious and half chomping at the bit to take part in a next generation technology revolution. But before diving in, you still have many questions and parts of the equation you need to understand so that you can become an informed member of a burgeoning movement, especially if you’ve entertained thoughts of investing your hard-earned dollars into the crypto-universe. For most people, this means investing in crypto-currency in some fashion, or in the technologies that will capitalize on the advancements that are making it all possible...

https://medium.com/@xyo_N/one-million-solutions-and-growing-all-about-xyos-proof-of-origin-and-bound-witness-technology-998f36544b74
 

pedrillo0

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A Technical Overview of the XYO Network, Blockchain’s Cryptographic Location Oracle Network

With the growing presence of connected, location-reliant technologies, our privacy and safety rely heavily on the accuracy and validity of location information. Various attempts have been made to eliminate the need for centralized entities controlling the flow of location data, but every attempt has relied on the integrity of the devices collecting this data in the physical world. We propose a trustless, cryptographic location network using a novel formulation reliant on a chain of zero-knowledge proofs to establish a high degree of data certainty on location information. The XY Oracle Network is an abstraction that enables layered, location verification across many device classes and protocols. At its core sits a set of novel cryptographic mechanisms known as Proof of Origin & Bound Witness that tie together the power of blockchain technology and real world data collection into a system with direct applications today...

https://medium.com/xyonetwork/whitepaper-b4793efe7609
 

pedrillo0

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Apr 30, 2016
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What is the XYO Network?

The advent of the blockchain has rapidly changed the landscape of the tech industry. In just a few short years, the focus of development has shifted from isolated, siloed, and privatized information systems to decentralized, independent and permissionless ledgers. More recently, the rapid growth of Ethereum has brought smart contracts and DApps to the forefront. Ethereum-based smart contracts give the ability to utilize the blockchain and cryptoeconomic principles across countless industries and implementations. However, we currently don’t have a decentralized and authoritative oracle to determine and verify location.

https://medium.com/xyonetwork/what-is-the-xyo-network-ed6863a5a4c1