Since the invention of blockchain and cryptocurrency, the digital world has never been the same anymore. Innovations are made through the creations of platforms, focusing on various topics and ideas, but a platform for decentralized location service is quite new – even unique. So, what is this XYO is all about?
The Concept
Modern people rely so much on their devices, and modern gadgets are equipped with tons of features. GPS is one of them or location sharing (including tracking) is getting common in these sophisticated devices. These features are surely handy but there are other uses that can be beneficial.
Here’s an example case: Your forgetful grandma is in town and she insists on driving the car (Your car) to the city without being accompanied or escorted. A few hours later, she comes home with a bus and she completely forgets where she parks the car. When you have joined XYO, it wouldn’t be a problem anymore. All you have to do is open the platform, ask for information, and the system will try locating your car through the available GPS. The platform will then provide you with the information and voila! Your car is there, parked in the area where your grandma last left it.
As you can see, this platform is about tracking and monitoring with location-based logarithm. You probably think that such a service isn’t important but wait until you lose your mobile phone or you want to track where your car is towed, and many other possible scenarios. Of course, you will have to pay for the information. Some even say that it is quite costly, but for such an important info, or if there is an emergency situation with life and death concern, this service can be super handy.
Further Developments
People at the development team believe that this kind of decentralized location service isn’t only used for personal use but also for the professional state. They believe that business will be able to make use of this system, which can even help it grow to the highest level. In most cases, businesses are dealing with the trust issue. This tracking technology can solve the problem, creating a trustless ecosystem that delivers a fair and square outcome.
That’s why it is crucial for the team to get the desired number of funds – generated from the token sale. The XYO token is used as the mean of ICO investment while the funds from the sale will be used for further developments, including the needed technologies. The development team has this difficult task to deliver the promised platform (with the promised features and abilities). If they manage to show successful outcome, they will be able to expand the service and integrate the platform with other services, technologies, and resources.
Of course, if you want to invest in this project, you can to buy the XYO tokens now. Investors can buy the tokens without having to be the platform’s user. People are free to join the XYO platform or they simply want to keep the tokens as investors.
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Bitcointalk: oper802
ETH: 0xba2ee0c2Da9c2214bC4f7C0c35BbD7539b313276
