create account

XYO Network - blockchain evolution of geolocation systems by jinny1985

View this thread on: hive.blogpeakd.comecency.com
· @jinny1985 · (edited)
$46.45
XYO Network - blockchain evolution of geolocation systems
![bryan-minear-325881-unsplash.jpg](https://steemitimages.com/DQmYMtBot59scQAcvxdinu4yW6c72aHUDowkfoN8vmJsZBT/bryan-minear-325881-unsplash.jpg)

GPS and its analogues have become a familiar part of our life. So familiar that we don't even pay attention to the navigation systems operation until the failures begin.
However, with the spread of GPS and increasing its importance have spread and various methods of attacks on this system: spoofing ( false geolocation data transmission), banal "jammers", attacks on servers, etc. 
In such conditions, it's impossible to rely on centralized services - even the military segment of the satellite navigation system doesn't provide a 100% guarantee of reliability.
**XYO Network offers a radical solution to this problem - a decentralized system of confirmation and cross - validation of geolocation data of any object coming from a variety of sources - from the same GPS to data from webcams.**

# A Bit About XYO and Its Unique Algorithm Of Consensus.

XYO Network uses a unique consensus algorithm called **Proof-of-Origin**, which is a proof of the location of an object that takes into account the source of the geolocation data.

![image004.png](https://steemitimages.com/DQmSGti2fTtwqmEQJdbCai18coFKeg4nefvbX3z3hTnKRA3/image004.png)

To do this, there are 4 types of participants in the xyo network ecosystem:

1. **Sentinels** - collect the necessary data about objects (GPS-coordinates, web-cameras with a known location or against objects with a known location, data of scanning digital labels, etc.) and transmit them to the next group of participants.
2. **Bridges** - independently collect information from Sentinels about the object location, received from different sources and conduct its cross-checking.
3. **Archivists** - continuously collect, check and index all information coming from Bridges.
4. **Diviners** - accept requests from clients to track objects, respond to them, finding the best response in the data from Archivists and make blocks of the “final” blockchain, using the algorithm Proof-of-Work

**As a result, a system with triple cryptographic protection and multiple rechecking of data both for their accuracy and authenticity, and for outside interference at any stage is formed.**

# Who Can Become the  Potential Clients?

The potential customers range of XYO Network is clearly defined: those who are critical to the absolute reliability of geolocation data, that is:

* **logistics companies** - they get enhanced cargo tracking capabilities
* **customers of logistics companies** - XYO Network will allow to effectively control logistics and "keep an eye" on the most important goods
* **companies working in the security field** - they are interested in effective tracking and maintenance of protected objects.
* **companies that use drones for a variety of tasks**
* **state agencies** - from law enforcement agencies to cadastral services.

At the same time, XYO Network customers will be able to flexibly balance the services cost and their reliability: tracking the object using GPS will be the cheapest option, and visual confirmation - the most expensive. **Details about the XYO Network you can find on the [Official website](https://xyo.network/)**

# What Are The Prospects In The Future?

At the moment, XYO Network may look like a “niche” project with a limited client base - most users are quite satisfied with the security of simple GPS-positioning. However, those who really need reliable geolocation are very solvent and willing to pay for it, so the financial prospects for XYO Network are promising.

**And  don't forget - GPS not so long ago also seemed to be a “narrow-minded” system for military, extreme tourists and  transport companies. But today we can't take a step without it. XYO Network has all the chances to” move " traditional navigators.**

# To Know More Follow The Links Below 

[Official website](https://xyo.network/) 
[White Paper](https://docs.xyo.network/XYO-White-Paper.pdf) 
[Facebook](https://www.facebook.com/xyonetwork) 
[Telegram](https://t.me/xyonetwork) 
[Twitter](https://twitter.com/XYOracleNetwork) 
[Bitcointalk](https://bitcointalk.org/index.php?topic=3040825.0) 

<a target="_blank" href="https://text.ru/antiplagiat/5afdf25947aca"><img src="https://text.ru/image/get/5afdf25947aca/1" alt="Text.ru - 100.00%" title="Уникальность данного текста проверена через Text.ru" border="0" width="80" height="31"></a>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 138 others
properties (23)
authorjinny1985
permlinkxyo-network-blockchain-evolution-of-geolocation-systems
categorycryptocurrency
json_metadata{"tags":["cryptocurrency","bitcoin","money","blockchain","gps"],"image":["https://steemitimages.com/DQmYMtBot59scQAcvxdinu4yW6c72aHUDowkfoN8vmJsZBT/bryan-minear-325881-unsplash.jpg","https://steemitimages.com/DQmSGti2fTtwqmEQJdbCai18coFKeg4nefvbX3z3hTnKRA3/image004.png","https://text.ru/image/get/5afdf25947aca/1"],"links":["https://xyo.network/","https://docs.xyo.network/XYO-White-Paper.pdf","https://www.facebook.com/xyonetwork","https://t.me/xyonetwork","https://twitter.com/XYOracleNetwork","https://bitcointalk.org/index.php?topic=3040825.0","https://text.ru/antiplagiat/5afdf25947aca"],"app":"steemit/0.1","format":"markdown"}
created2018-05-17 21:28:12
last_update2018-05-21 16:28:48
depth0
children9
last_payout2018-05-24 21:28:12
cashout_time1969-12-31 23:59:59
total_payout_value35.797 HBD
curator_payout_value10.653 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4,447
author_reputation11,870,602,825,256
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,257,264
net_rshares9,712,250,277,602
author_curate_reward""
vote details (202)
@abhinavramesh12 · (edited)
Financial prospects of XYO network are very promising as it provides 100% reliability validation of geo-location data of any object from the same GPS to data from webcams.
properties (22)
authorabhinavramesh12
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180521t115823701z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2018-05-21 11:58:15
last_update2018-05-21 12:49:45
depth1
children1
last_payout2018-05-28 11:58:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length171
author_reputation18,140,441,779
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,874,138
net_rshares0
@jinny1985 ·
hey @abhinavramesh12!  this is a very necessary technology in our time! it will help in many areas. thanks for reading!
properties (22)
authorjinny1985
permlinkre-abhinavramesh12-re-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180521t144924510z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"users":["abhinavramesh12"],"app":"steemit/0.1"}
created2018-05-21 14:51:09
last_update2018-05-21 14:51:09
depth2
children0
last_payout2018-05-28 14:51:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length119
author_reputation11,870,602,825,256
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,900,312
net_rshares0
@bestboom ·
This post is resteemed and upvoted by @bestboom
properties (22)
authorbestboom
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180518t060608708z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"users":["bestboom"],"app":"steemit/0.1"}
created2018-05-18 06:06:12
last_update2018-05-18 06:06:12
depth1
children0
last_payout2018-05-25 06:06:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length47
author_reputation1,175,645,063,776
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,318,915
net_rshares0
@crypticat ·
$0.10
Very interesting concept, can definitely see a use case with XYO, it also needs its own blockchain which is another plus.
👍  ,
properties (23)
authorcrypticat
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180517t213647689z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2018-05-17 21:36:48
last_update2018-05-17 21:36:48
depth1
children1
last_payout2018-05-24 21:36:48
cashout_time1969-12-31 23:59:59
total_payout_value0.082 HBD
curator_payout_value0.020 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length121
author_reputation333,748,620,059,718
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,258,406
net_rshares22,401,629,748
author_curate_reward""
vote details (2)
@jinny1985 ·
yes, exactly!
properties (22)
authorjinny1985
permlinkre-crypticat-re-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180521t144649190z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2018-05-21 14:48:33
last_update2018-05-21 14:48:33
depth2
children0
last_payout2018-05-28 14:48:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length13
author_reputation11,870,602,825,256
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,899,848
net_rshares0
@manikchandsk ·
hey, this post resteemed by @manikchandsk to over 7200 followers and voted. good luck
thanks for using our service.
send 0.300 sbd or steem to @manikchandsk and keep post link in memo that you want resteem + 60 upvote.
click for details..https://steemit.com/manikchandsk/@manikchandsk/post-resteem-upvote-service
👎  
properties (23)
authormanikchandsk
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180517t215153402z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"users":["manikchandsk"],"links":["https://steemit.com/manikchandsk/@manikchandsk/post-resteem-upvote-service"],"app":"steemit/0.1"}
created2018-05-17 21:51:54
last_update2018-05-17 21:51:54
depth1
children0
last_payout2018-05-24 21:51:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length312
author_reputation413,985,532,941
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,260,401
net_rshares-304,499,260
author_curate_reward""
vote details (1)
@mcdform ·
$0.02
Oracles are a very important piece of infrastructure for blockchains.  This type based on geographic coordinates will be needed by many different industries.  Informative post, thanks.
👍  
properties (23)
authormcdform
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180518t162908219z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2018-05-18 16:29:09
last_update2018-05-18 16:29:09
depth1
children1
last_payout2018-05-25 16:29:09
cashout_time1969-12-31 23:59:59
total_payout_value0.019 HBD
curator_payout_value0.005 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length184
author_reputation218,338,665,889
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,403,467
net_rshares5,600,520,483
author_curate_reward""
vote details (1)
@jinny1985 · (edited)
hey, @mcdform! project and technology-very cool! personally, I am very impressed with the idea!
properties (22)
authorjinny1985
permlinkre-mcdform-re-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180521t144752638z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1","users":["mcdform"]}
created2018-05-21 14:49:36
last_update2018-05-21 14:51:42
depth2
children0
last_payout2018-05-28 14:49:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length95
author_reputation11,870,602,825,256
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,900,039
net_rshares0
@tenorbalonzo ·
This post has been shown by @tenorbalonzo,@asagikulak,@hakanlama,@cemalbaba to 17.000+ followers.
17.000+Followers can see you.(@tenorbalonzo,@asagikulak,@hakanlama,@cemalbaba) Send 0.200 Sbd or Steem. Post link as memo for (minimum 15 upvote)
properties (22)
authortenorbalonzo
permlinkre-jinny1985-xyo-network-blockchain-evolution-of-geolocation-systems-20180517t223619193z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"users":["tenorbalonzo","asagikulak","hakanlama","cemalbaba"],"app":"steemit/0.1"}
created2018-05-17 22:35:27
last_update2018-05-17 22:35:27
depth1
children0
last_payout2018-05-24 22:35:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length243
author_reputation-1,115,275,014,457
root_title"XYO Network - blockchain evolution of geolocation systems"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id56,265,932
net_rshares0