XYO: Solving Location Data Problems

in ico •  6 years ago 

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Have your package ever been mixed up with another person's? Have you ever received another package which was not meant for you? Have you ever lost track of your destination because you lacked the right direction roadmap? All this cases arises because of fake location data or compromised location data.

Today, we rely so deeply on GPS for our location purposes. We make orders online and most times our addresses gets mixed up and our packages gets delivered to another person. There has been some irregularities in the location data industry. XYO is here to bridge this gap.

Now how does XYO tend to tackle the issues arising in the location sphere? XYO is using the blockchain to decentralize the location market. XYO Network is bringing location you can trust to be safe. In our society today, self driven cars, package delivering drones and smart cities all need a location which they can rely upon and which is also trusted. This is the sole reason for the invention of XYO network. XYO Network is here to provide location data's which is reliable. Individuals, companies or bodies who would need location data, can tap into the XYO Network and get verifiable location data which they need for the day to day running of their activities.

Also the XYO Network enables geo-focused consensus building. This simply means that through a smart contract which has terms and conditions of a good or package appearing at any given spot, the package will be known to have arrived with all certainties. This goes to show that with the XYO Network, it's not easy to change or scoof location data. Through the use of Transient Key Chaining, XYO Network makes sure that the proof of origin protocol which it uses to ascertain the originality of a package stays safe and don't get falsified. Also developers can build decentralized location-reliant DApps on the XYO Network.

For further enquiries
Website: https://xyo.network
Roadmap: https://xyo.network/roadmap/
Whitepaper: https://xyo.network/whitepaper/
Token Allocation: https://get.xyo.network/token-sale-economics/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3040825.0

I can be reached on bitcointalk.org : https://bitcointalk.org/index.php?action=profile;u=1016770

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This is a wonderful project, it will save companies millions in compensation for lost packages and consumer won't experience delivery delays because of rerouted packages.

It sure is a wonderful project as it is trying to solve numerous location problems eminent in our society today.

A trusted location data is all that one needs to reach their destination and get what they want at the same time. With XYO here to provide a location data which one can trust puts them above all location services.

Location means everything and without the right map, we are all lost.