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After the invention of the internet, the various industry system changed but when blockchain integrated into their system the various industries evolved. In these recent years, blockchain started gaining its popularity because of its universality and transparent environment. The days will come when cryptocurrency will be part of our daily life. Internet came up with location services which changed our way of finding our paths but do you know your location reveals much more than you think. If someone can track your location they may have your many personal data which you need to secure so to prevent our data from this flaws the XYO network is launched. It is the first decentralized and trustless location network backed by a most advanced technology called blockchain. This platform will definitely revolutionize your real world by introducing you all to blockchain based location network.
**LET'S KNOW MORE ABOUT THE PROJECT**
The XYO is an innovative cryptographic location network establishing a high degree of certainty on your data using zero-knowledge proofs. After blockchain technology entered the market the services based on smart contracts significantly grown. Sometimes when both the parties do not agree then this contract could a problem. Thus because of these interrupted services, there is the possibility of data manipulation, data loss or collusion which can be proved bad for us. To avoid such data disruption the XYO network is introduced. The network directly connects the smart contract writers to the real world and interact with them as it were an API. The two main pillars of the project are proof of origin and Bound witness which closely connects blockchain technology and real-world data together. The XYO network is the first oracle network which will allow the transaction between two parties directly without any centralized network. The XYO network is and will revolutionize the market through its outstanding features.
**THE XYO TOKEN AND ITS SALE INFORMATION**
The platform has its own unique utility tokens called XYO which allows the decentralized way of interaction between two parties. The platform also has rewarding nature which rewards its users in the form of these tokens. Using these token user can also make a query for the data he/she wants to know. The XYO tokens are available during its ico token sale which will start from 20th March 2018 and will end on 20th May 2018. The tokens are erc20 standard ethereum based tokens.
**WHO'S BEHIND THE PROJECT?**
Behind such a successful project there is a hardcore team of experts which can never be forgotten. The founders of the project are Arie Trouw, Scott Scheper, and Markus Levin. All the three founders are highly experienced and professional in their work. The William Long is the head of hardware and Christine Sako is the head of analytics of this project. There are many experienced team members who contributed to the success of the project.
**CONCLUSION**
The main goal of XYO network is to build a trustworthy, decentralized system of the location where there will be no risk of data manipulation and you will be able to query whenever you need data. The platform greatly improves the location spoofing by the amalgamation of blockchain technology in its system. The XYO is already ruling its market as it has successfully built a real-world network with more than one million Bluetooth and GPS networks. It is a revolutionary platform which market was waiting for.
**Website** – https://xyo.network
**Whitepaper** -https://docs.xyo.network/XYO-White-Paper.pdf
**Published by** – dannywhelan
**Bitcointalk** - [https://bitcointalk.org/index.php?action=profile;u=1606458](https://bitcointalk.org/index.php?action=profile;u=1606458)
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