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XYO Overview

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About platform a XYO Network

XYO Network it’s a system https://xyo.network/index.html , which develops a smart contract for the platform based on blockchain. This network is the number one Protocol in the world capable of performing operations without the need for an external centralized system. Thanks to the unique scheme, the network has the ability to create exclusive protocols that are not available in other systems.

The network has its own infrastructure, which affects more than a million devices. Bluetooth and GPS navigation allows you to keep track of things and objects, to which was attached the special beacons.
The location of the object is displayed in the application installed on the smartphone. The purpose of a common network - playback quality optimized system with built-in protection against hacker attacks and maximum satisfaction of user requests.

Advantages XYO Network

XYO Network provides advantages:

Exact location of the user by creating cryptographic algorithms.
The network has 4 main components: data collectors, bridge for data transmission, archiving, response aggregators. Forecasters play the role of the Oracle.
The creation of the system is based on the blockchain "XYO Main Chain", which displays all transactions made: location data.
In a network there are guards who accurately control accuracy of the given data.
Guardians get a nice bonus in the form of tokens, the amount of which depends on the preparation of accounting records.
The network works without trust, the protection is carried out through the bridge by means of payment fees.
Service archivists working on the principle of a cohesive chain.
The system is functions’ according to the following principle: guardians accumulate information bridges confirm the veracity of the information by gathering evidence. After that, the information is archived and sent to the diviners for clear and understandable formulation of the response to the request.

The security cryptocurrency

The system XYO Network is pays for work a monetary reward as a proprietary electronic currency XYO token. An important rule-payment is made only after submission of accounting documents.
At the end of the work, the prophets fix the correctness of the displayed data with the help of a unique digital signature of the collected block. In pinned blocks contains all the information with supporting evidence of the veracity of the calculations.

The network operates on the basis of abstraction with interaction with blockchain platforms that have cryptocurrency in circulation: Ethereum, bitcoin, star, neo, etc. The number of tokens per transaction is calculated based on the amount of the specified information.
This network works closely with the following smart contract platforms: Stellar, Lisk, RChain, Conterparty, Cardano, Ethereum, EOS, IOTA and other.

Our partnership
Our partners are: Bluetooth, AmaZix, Trusted IOT Alliance, Enterprise Ethereum Alliance.
Dev team of service
The optimized network was developed by a team of developers::

A. Trouw, founder.
S. Scheper, co founder.
M. Levin, co founder.
C. Sako, head of analytics.
J. Kolasinski, specialist of media.

and other.
Individual opinion: « This optimized network is the future tracking system for the whole world. ".