XYO IS IMPROVING LOCATION DATA FOR BETTER SERVICES

Location data is staple service in the world. Most mobile devices are equipped with location services. They serve us in many different ways from finding directions to places we want to go and helping us discover new places that we may not have visited. For some companies, location services are important in determining the type of service they deliver to their clients. For example, Snapchat has different content for their users based on location. Some content can be exclusively for people within a certain vicinity and this is made possible through location services. At the core of this service is the need for accuracy in the location data received. Any inaccuracies may lead to mishaps.

Blockchain and the XYO Network

Blockchain has been changing the world ever since its inception. The use of smart contracts has opened up new ways of interaction that are safe and secure. Smart contracts rely on certain oracles to come up with the outcome of the contract. Relying on these oracles is fine where there is no window of manipulation present but for location oracles, their data can be manipulated or entirely deleted leading to inaccurate data collection. The challenge with collecting location data is that it has to be done on the physical world and not online as most systems are designed to collect online data with no hiccups. The XY Oracle Network is setting up a platform through a network of specialized location oracles that will address this challenge and promote the accurate collection of data. They have their own Bluetooth and GPS devices, over one million of them, around the world that are ready for activation to make their project a success. Its services will be supported by a smartphone application that will increase its usability.
For XYO Network, their target is to have their trustless and decentralized oracles in as many locations as possible to increase the accuracy of the location data they collect. In ensuring that the data they collect is as accurate as possible, a system of zero-knowledge proofs will be used in the collection of data. The data will pass through four components in the XYO Network which are tasked with accurate data collection and accurate release of the results requested.

How it works

The Sentinels are the first component and they are basically tasked with the accurate collection of data. The data they collect has to come from one source without any manipulation in any way. It has to be in its raw for. The Proof of Origin mechanism will be employed during data collection. This is to make sure that the data collected is indeed from one source. The data is then relayed to Bridges, the second component, and their task is to relay this information to Archivists, the third component, adding their Proof of Origin to the data as well. For Archivists, storing this data and making it available for Diviners is their goal. They also have to amass as much data as they can through their own network which helps them exchange the location data amongst their peers. Diviners are the last components in this chain and their task is to come up with the most accurate location data from the raw data that has been provided by Archivists. The data they come up with is what is relayed as the accurate location data in the XYO Network.

Possible uses and solutions

Data accuracy is something we need both now and in the future. It could help solve a number of problems or even improve the services that we already provide. Location services are important in sectors such as emergency response. With accurate location data, it could improve emergency response times and help save lives through this process. The need for location data in tech is vast. We are living in a world where self-driving cars will be gracing our roads. They will definitely need an accurate location system to make their rides smoother and with no hiccups. Having pinpoint location data will also be important for delivery drones. Through the XYO Network, they can deliver goods ordered right on your doorstep accurately. This is just on tech devices. The XYO Network, through their own location devices, will allow their users to place these devices on items they may lose easily or items they need to secure. Things like keys or expensive pieces of art are just part of the items that can be located using the XYO Network.

As the XYO Network grows, there may be further uses apart from the ones highlighted. The XYO Network has even mentioned a few on their website https://xyo.network/. For XYO Network to function as intended, there is a great need for funds to support this network. The entire system will run through the XYO tokens, which will have different uses within the platform. These tokens are the ones that allow users to access the services of XYO Network. By purchasing these tokens, you will have helped raise the money XYO needs and also have access to their location services.
Further details on the XYO Network are given here:
White paper: https://xyo.network/whitepaper.
Supporting the XYO Network
Purchase tokens: https://get.xyo.network/flow/purchase/
Telegram group: https://t.me/xyonetwork/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3040825.msg31296608#msg31296608
The token sale ends on May 19th 2018.

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