'...we have indeed grown in leaps and bounds in the past few years...'

The digital age depends on the technologies that we have been developing and perfecting over the past years. The last decade or two have been the most intensive in terms of technological development. The existing technologies have been improved and work even ten times better that we first encountered them. Think about the first windows operating system, compare it to what we have now, we have indeed grown in leaps and bounds in the past few years. One of the systems that is central to the operations of the various technologies and innovations we use every day is the GPS. The global positioning system is used in nearly all mobile devices and laptops being manufactured in this day and age. It serves to ensure that the right services are delivered to the right people in the right location. Its use is not limited to this but it can serve in any location related problem.

The problem that the technology faces is the fact that the data it transmits can be easily manipulated to give false data to those in need of the data. Anyone who is tech savvy can find a way to mask their location or influence the location transmitted by GPS. Solving this issue would set up GPS technology for further applications that would help make the world a more convenient place.

Stepping in to provide a solution for location data is XYO (XY Oracle). They are developing an innovative way that will use blockchain technology to provide location data that is accurate and data that is harder to manipulate. Blockchain is highly recommended because of its immutability and that will be of very high service to the XYO network. The XYO network will rely on a series of nodes to provide accurate location data based on different technologies such as Bluetooth and GPS devices. XYO relies on the data they will be receiving from these nodes. Their system is even incentivized such that more people are encouraged to provide the data when there is a request for any location data. The data follows a certain pathway which involves collecting and sorting out the data so that the best possible location is given for a particular object that was being tracked using the XYO system.

💻💻💻💻💻💻💻💻💻💻💻💻💻💻💻💻💻💻

'How does the technology work??'

There are four groups of participants in the XYO network. When a request is made concerning the location of a particular item, the first group known as Sentinels, gather data about the location of this item via the available means. This data is then taken up by Bridge, who are the second group required in XYO. Bridges then relay this data to a group known as Archivists. The major role of the Bridges is to ensure that they get legitimate data that has not been tampered with in any way. Once they have ascertained this, the data is then taken up by Archivists. The role of archivists is to store data that they have obtained from bridges. Data from the same Bridge can be used by multiple Archivists. Diviners will then use the data from Archivists to come up with the most probable location of the item. The best possible answer will be given.

This system seems like a long process but as everything is in the tech world, explanations may be long but the actual process is pretty fast. XYO plans to refine this system with time such that Diviners use already existing data to make pinpointing the location of the requested item even faster. However, they will maintain all their components to stay up-to-date with the changes that occur with location data.

XYO’s innovation is suited in this future we are living in. Self-driving cars and teased drone deliveries are just some of the tech that may benefit greatly through this project. However, it could also be used to solve some small problems that we face, like finding car keys. Forgetting where you placed your keys is something that we may have all gone through. With physical products that can track the whereabouts of your keys and other valuables, XYO can give you the peace of mind you deserve when you can’t find these items. It could even be a game changer for the supply chain sector and e-commerce. XYO can use its platform to track goods from their point of origin, down the supply chain until they reach their purchaser. This tracking could also give buyers some assurance that their products are moving and will arrive at a specific date.

Where goods are damaged, the location record may help pinpointing where the damage may have taken place. It could also be used to track mobile phones and other devices thereby discouraging the theft of electronics. XYO could also be revolutionary for tracking cars and management of fleets in institutions. It can give the whereabouts of these vehicles on demand and more accurately. The benefits of an accurate and secure location data system are extensive and they may grow with time.

🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟

'Now is the time to get involved!'

The XYO system will work more efficiently through the token system that it has planned for the platform. The XYO tokens will be the incentive that will be used to encourage more people to give out location data. The Bridges, Diviners, Archivers and Sentinels will be rewarded in XYO tokens for the amount of data they submit. Having the XYO tokens automatically means that you can access the services of XYO. XYO will support a number of different blockchain protocols hence users of these protocols such as the Ethereum network could make requests on the XYO platform and after paying in XYO tokens, get their requests completed.

The crowdsale for the XYO platform is live and XYO is using it to generate money that they need to make their platform a success. The proceeds from the crowdsale will be used to further develop their vision. You can support their cause by purchasing their tokens which will also give you access to their location data services. Their website and whitepaper contains more user case scenarios and further detailed data on the platform.

Website
Whitepaper
Twitter
Facebook
Telegram
Bitcointalk ANN
Bitcointalk Bounty