We are at the digital era of 21st century with the blessing of modern science and technology. The science and technology making our life more comfortable and way of life becomes easier than before. The invention of blockchain technology and internet made this digitalization speedier. The blessing of blockchain technology made the digital ecosystem of internet protocol more opportunity full place. The digital ecosystem is now introducing different project and idea platform to all over the world. These platforms are giving different service and product as for different opportunity and profit. This platform are making crypto token for their platform mostly based on the Ethereum token standard as their platforms coin of crypto currency. Smart contracts based on Ethereum provide an opportunity to use blocking and crypto-economic principles in countless industries and implementations. However, they do not currently have a decentralized and authoritative search engine to locate and verify the location.
The XYO network solves this problem by creating a multi-level location verification service that is effective in many device classes and smart contract protocols. It is based on a set of new cryptographic mechanisms that link blockchain and data collection in the real world to a single system. The goal of the XYO network is to create a reliable, decentralized search engine system that is resistant to attacks and gives maximum confidence when requesting available data. They do this through a set of abstractions, which significantly reduces the risk of changing the location through a chain of zero values across the components of the system.
ICO XYO Network draws attention to the availability of the finished product and ambitious roadmap plans for the release of IoT-satellites. The project actively uses the existing technologies of GPS-navigation, bluetooth and wi-fi, and also offers users "to earn on traffic", which guarantees the rapid deployment of the network in large cities.
Major emphasis has been given by many countries about the process of technology development and integration for creating solutions for the age-old problems. And, there are many examples in our daily life which works as a constant reminder of where we have come with the help of the technology.
Decentralisation is the future of the technology and with the help of platforms like XYO Network, the process of development of real-life application based on the blockchain technology has become smarter and secure. What do you think about their blockchain technology?
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