XYO Network use case

in crypto •  6 years ago 

In the previous article, I introduced about XYO network, the problem this project can solve and how it works. Now, in this article, I will describe the use case of XYO network.

Proof of location is very important for the smart contract on Ethereum network. With the trustless location data provide by XYO network, it opens up many field application for the 2nd of the blockchain. There are many use case of XYO network which is mentioned on the website, but in this article, I just show about 2 primary cases:

  1. E-commerce

    Building a pay on delivery system for E-commerce is a very useful feature. The customer wants to use this feature but it very hard to implement this feature at this moment with the low cost. Building this system successfully will bring more customer to E-commerce market but it is still the challenge for E-commerce today. But it will change in the near future.
    With the proof of location was provided by XYO network, the smart contract can trigger the transaction when the buyer receives the packet from the shipper.

  2. Automatic Drone

    Google with the keyword "Drone Application" you can see how big of Drone application field such as Industry, Logistic, Video, Agriculture, Military, Spaces… The rapid growing up the application of Drone lead to a problem: When many automatic Drones operate on the sky, how can they avoid to collision with each other?
    The answer is here: A universal protocol for Drone operation on XYO network. By register to XYO network, the Drones can communicate with each other and share their accuracy location. The interactive of these Drones will be recorded on XYO decentralized system. With the interaction between these Drone, there is no more accident, no more collision between them. That will be a revolution in Drone technology.

See more detail at:
Website: https://xyo.network/
White paper: https://docs.xyo.network/XYO-White-Paper.pdf
ANN: https://bitcointalk.org/index.php?topic=3040825.0
Telegram: https://t.me/xyonetwork
Author :
Bitcointalk Username : Qspace
Bitcointalk url : https://bitcointalk.org/index.php?action=profile;u=1831072;sa=summary![]![]

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!