Blockchain technology - a continuous chain of blocks of transactions data that cannot be changed - became the basis of trust in cryptocurrency transfers between users. This was facilitated by a worldwide distributed database, as well as by an algorithm for confirming and verifying transactions by miners to achieve consensus on all nodes of the network.

Developers of the XYO project are trying to adapt this technology to confirm coordinates of any object on the planet. In order to reliably solve this problem, blockchain and mining had to be substantially modified for the XYO platform.

XYO - a new blockchain dimension

The XYO network uses a decentralized archive database consisting of transactions data for internal currency and geotagging that determine locations of different objects.

Project's features:
1.The mining algorithm, based on several new but proven technologies

• Proof of Origin - a system of heuristic evidence of the object location, ranging from visual contact to digital labels reading or web camera images recognition;
• Zero-knowledge proof - zero-disclosure proof used by miners for geolocation data processing;
• Proof of Work - "traditional" consensus algorithm, conducting the final validation of the information received before sending it to the archive;

2.Data storage system, providing fast network deployment and node functioning as "light" clients due to archiving and separate data storage;

3.In addition to miners, directly determining the location of the object, the data is distributed between:

• bridges - independent data collectors on the object's position from different sources (web cameras, digital labels, bluetooth, GPS, etc.);
• diviners - the final handlers of the object's geolocation data throughout its tracking, taking into account timestamps and movements history data;
• archivists - keepers of archived copies of already defined locations and operational information in an unprocessed form.

XYO Platform Ecosystem

Platform users are linked by economic relations through the XYO token. The economics is driven by customers using the XYO platform:

• For logistics purposes
• For object's protection
• To control over production and legal turnover of products
• For public tasks: cartography and law enforcement
• For monitoring the operation of unmanned vehicles in metrology system, etc.

The order is processed by a smart-contract that distributes the task among the miners using bridges - nodes working in two directions: distribution and reception of information. The programmed contract's algorithm automatically calculates the cost of the service, depending on the accuracy of tracking:

• Visual confirmation is the most expensive kind of mining;
• Tracking of object's arrival in several control points via GPS is the cheapest type of service;

Investment attractiveness of the XYO token

Investing in the XYO token is justified by the demand for logistical decentralized solutions (Vechain altcoin is a good example) and the unusual triple cryptocontrol based on several algorithms at once. The development of the network will be strongly supported by the miners due to the "reward for supervision" model and the low cost of equipment.

To purchase XYO tokens, join the ICO by registering on the project's WEBSITE. At the moment, 30.8 million dollars are already raised.

Provide contact information, get bonuses, and become an investor in one of the most anticipated ICO of 2018!

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