There are often situations when you need to get information about the object location and track information about the movement of this object. It can be a lost phone or parents can make sure their child didn't skip school classes. Customers of stores may need to track their goods ordered over the internet. As you can see, there are many options.
It is for this purpose that the XYO Network is created - a decentralized platform for geolocation on the blockchain. The network integrates with leading blockchain technologies: Ethereum, EOS, Cardano, NEO, Waves, Stellar Lumens, etc.

XYO Network delivers effective tools of geolocation across the world.

The network consists of two main elements: a transmitter (Diviner), which can be a GPS device, GSM, Wi-Fi or Bluetooth, and a receiver (Sentinel).

As well as additional devices for archiving and maintaining communication between the transmitter and receiver. The blockchain supports a database for storing all collected information and allows to scale the network. The system will automatically process all requests and produce accurate results.
For the network operation are used two protocols: a Proof-of-Location and Proof-of-Origin. The main feature of “proof of origin” is the use of temporary keys and digital signatures using a chain of entries that are almost impossible to forge, unlike the existing immutable keys.

Where XYO Network technology can be used?

The application spectrum of the network is quite wide. The network can be used in the fields of e-commerce to track the supply of goods, medicine to avoid medical errors and problems with health insurance, transport rental, airline to track luggage, insurance to check incidents and many others.
Several options for using the technology developed by the XYO Network team:

1. Search for physical devices, such as a lost mobile phone or laptop. Thanks to efficient algorithms implemented using blockchain technology, the XYO network allows you to monitor devices with high accuracy, up to several centimeters.
2. Track the objects trajectory. With the help of the XYO Network, you can track the movement of vehicles such as taxis or shuttle vehicles, cargo carriers, express transport, etc. It is also possible to learn and other parameters, including speed and automatically penalize drivers for exceeding.
3. One more option of usage is information verification on compliance. For example, users who use the XYO network system can be verified for the reviews truthfulness they left about a particular place - a restaurant or a hotel. By checking whether the person was really in that location, you can filter out dishonest or motivated reviews.

XYO token and ICO details.

XYO - utility-token on the Ethereum blockchain that is compatible with the standard ERC-20. Tokens are intended for all financial calculations within the system (for device maintenance, use of detection functions, etc.).
Tokensale will last until May 20 and 100 billion XYO tokens are available for investors to buy.
The company has already prepared 300 thousand devices ready for use. The goal of the XYO Network is to provide a network for efficient object search and detection that eliminates the possibility of unauthorized access.
XYO Network partners are the large companies, including Bluetooth, IFTTT, Ethereum Enterprise Alliance, the Trusted IOT Alliance, ML Society. The platform can be used in almost any field. Moreover, it provides effective tools to improve other platforms.

Thank you for your attention, for more details follow the links below! If you have any questions, you can ask them here or in Telegram.

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