XYO Network - BLOCKCHAIN JUST ENTERED THE REAL WORLD
PRESENTATION
XYO is blockchain based trustless, zero-knowledge proof, cryptographic location network that eliminates the need for centralized location data gathering. XYO Network will enable locating any object or individual through many device classes and protocols. To make this possible XYO team is using "Proof of Origin" and "Bound Witness" to merge decentralized blockchain world with our real-world data into one new game-changing network.
This may sound like something from the future, but as I told you at the opening of this article we are living the future, and XYO project is already available and ready for business. They have the existing operational infrastructure of 1,000,000 tracking beacons that represent one of the biggest consumer Bluetooth and GPS networks in the world, and for XYO project this is just a beginning!
The Problem
As indicated by a current report discharged by Comcast, over 30% of Americans have had a bundle stolen from their doorstep. As the market share of eCommerce keeps on developing, this issue will just turn out to be more common. Sites like Amazon are trying different solutions to offer confirmed secure delivery as a premium service to their customers.
The Solution to the problem
By using the XYO Network and XYO Tokens, organizations can offer a freely affirmed record to track each progression of a shipment's progress, beginning at the fulfillment center and closure with the package’s secure delivery within the customer’s home. As a trustless and decentralized framework, the XYO Network gives independent confirmation not only of a package’s delivery, as well as of its whole transporting history. This likewise permits a retailer or eCommerce site to offer payment upon delivery, using an Ethereum keen contract to shield the dealer from extortion or misfortune.
Token Sale
The XYO Network will rely on an ERC20 token called the XYO Token used to incentivize the desired behavior of providing accurate, reliable location. The XYO Token (XYO) is a utility token that smart contract developers can use to access geo-location verification from the real world. In order for your smart contract to access the outside world, it must use the XYO Network, which requires use of the XYO Token.
Token Name: XYO Network Utility Token
Token: XYO
Start: March 20th, 2018
End: May 20th, 2018
Token Price: 1 ETH = 100,000 XYO initially and 1 ETH = 33,333 XYO at max.
Token Cap: $48 Million
Contract Type: ERC20
All unsold and unallocated tokens will be burned after the token sale event.
RoadMap
Team
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time...
For more information, please visit:
Website: https://xyo.network/index.html
Whitepaper: https://xyo.network/whitepaper/
Twitter: https://twitter.com/XYOracleNetwork
Telegram: https://t.me/xyonetwork
Facebook: https://www.facebook.com/xyonetwork
Reddit: https://www.reddit.com/r/xyonetwork
Medium: https://medium.com/@XYOracleNetwork
GitHub: https://github.com/XYOracleNetwork
YouTube: https://www.youtube.com/channel/UCyZDqb9pgntVHJVt1pxXtsw
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3040825.0
Instagram: https://www.instagram.com/xyoraclenetwork/
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.