How are my colleagues, here I want to share information about XYO Network Blockchain..
CRYPTO-ECONOMIC INCENTIVES FOR A LONG-TERM VALUE
Integrated into the cryptoeconomy of the XYO network, it offers innovative tools to encourage XYO minors (crypto-localization miners) and Token Rebates, who promote healthy liquidity, low transaction fees and long-term value. term.
ALL INVALID TOKENS BURNED AFTER CONCLUSION
In order to reward those who purchase XYO tokens during the current tokens sale period, all chips that are not sold after the end of the Token Generation event will be burned; thus, the tokens that one buys during the sale become a limited, limited resource that benefits those who buy tokens during the sale.
TRANSPARENT SMART ETHÉRIQUE CONTRACT AND AUDIT
During the token generation event, the XYO token uses the ERC20 token standard of the Ethereum platform. To ensure secure purchase of XYO Tokens, we have engaged a third-party company to verify the compliance of our Smart Contract with best practices.
We live the future! It may not be easy to understand, but we even surpassed the year they traveled in the movie "Back to the Future", so for me it's official now. In recent decades, humanity has made great progress through science and technology in all areas of life. Many new opportunities are available to all of us, and because of that, the way we live our lives is changing. We now have access to the knowledge of all human history in our hands; communication is fast, available and almost free, the opportunity to learn new things is here thanks to the internet, the technology around us saves us time and gives us more free time to go as we see fit. But to take advantage of all these benefits, there was also the price to pay for anyone who wants to be part of this new civilization. Everything has become public, we share large parts of our life with complete strangers, and almost everyone can know where we are, what we do and what we love. It is difficult, if not impossible, to avoid paying this price.
Thanks to blockchain technology, a new era of progress is here, we can call it a decentralized revolution. Many uprising projects create a new reality in which we do not need to rely on central authority to control and gain insight into our lives. One of the most important projects and leaders of the decentralized revolution is to take our location data from the hands of the central authorities and to make ourselves independent. The name of this project is XY Oracle Network (XYO).
What is XYO?
XYO is a cryptographic location network based on the block chain, without trust and knowledge, which eliminates the need for centralized location data collection. XYO Network will locate any object or individual across many classes of devices and protocols. For that to be possible, the XYO team uses "Proof of Origin" and "Bound Witness" to merge the decentralized world of blockchain with our real-world data into a new game-changing network.
It may sound like something of the future, but as I told you at the opening of this article, we are living the future, and the XYO project is already available and ready for business. They have the existing operational infrastructure of 1,000,000 tracking beacons that represent one of the largest consumer Bluetooth and GPS networks in the world, and for the XYO project, this is just the beginning!
Even at first reading, it is not easy to understand all the technical details for someone without technical experience, I found XYO WHITEPAPER difficult and interesting. To simplify everything we could say, even that would not be 100% accurate, the XYO team has created an improved decentralized GPS system that is safer to use and less vulnerable to unwanted interference from third parties. Creating something of this magnitude and importance is a great success, and the potential commercial applications for the XYO project are numerous. For more information on possible use cases, XYO provides us with detailed explanations and documentation for all major:
- e - commerce
- medical care and hospitals
- car rental agencies
- Commercial Airline Luggage Logistics
- Insurance Agencies
- National Security Agencies
- Drone Package Delivery Systems and many of them coming soon..
website : https://www.xyo.network/
AnnThread : https://bitcointalk.org/index.php?topic=3040825.0
Twitter : https://twitter.com/XYOracleNetwork
Facebook : https://www.facebook.com/xyonetwork
Telegram : https://t.me/xyonetwork
Writer : Sidhay33
BitcoinTalk : https://bitcointalk.org/index.php?action=profile;u=2054409
MyEth : 0xCC85881B95643023EA2a9B6B60c3A55A71aa4C42
