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XYO Network: The First Proof of Origin Network Built on Blockchain
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XYO Network: The First Proof of Origin Network Built on Blockchain
Despite wide recognition of Ethereum smart contracts and DApps, there is one area that does not have decentralized and authoritative platform — the area of definition and verification of locations. But now with the XYO network, it can become a part of the past.
What is XYO.Network?
“The most ambitious platform in recent history” as it is said in official site, XYO.Network is based on unique cryptographic mechanisms — Proof of Origin (or Location-Proof) and Bound Witness. And through this mechanisms they will be able to link blockchain with the real world. Starting in 2012 (when the Californian company XYO Network was founded) they released a million of GPS and Bluetooth devices, which now form a large network around the world.
Read more: https://medium.com/@coinidol.com2017/xyo-network-the-first-proof-of-origin-network-built-on-blockchain-9dc8172ae58c
What is XYO.Network?
“The most ambitious platform in recent history” as it is said in official site, XYO.Network is based on unique cryptographic mechanisms — Proof of Origin (or Location-Proof) and Bound Witness. And through this mechanisms they will be able to link blockchain with the real world. Starting in 2012 (when the Californian company XYO Network was founded) they released a million of GPS and Bluetooth devices, which now form a large network around the world.
Read more: https://medium.com/@coinidol.com2017/xyo-network-the-first-proof-of-origin-network-built-on-blockchain-9dc8172ae58c
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