XYO Network (XYO)

XYO Network (XYO) widget

ICO date: 20.03.2018 - 20.05.2018
Product Type: Technology
Industry: Blockchain Infrastructure
Description:

 XYO is blockchain's Proof of Location oracle network.

Features:

The XYO Network has four primary components: Sentinels (The Data Gatherers), Bridges (The Data Relayers), Archivists (The Data Storers), and Diviners (The Answer Aggregators). A set of digital signatures are sent to the XYO smart contract because the contract needs to verify the integrity of the Diviner that sent the answer. The contract can verify the other Diviners that signed this list within interval. Without this, the relaying XYO oracle would be the source of failure and risk within the system. With a XYO physical network comprised of untrusted nodes it is possible to determine the certainty of data that has been provided by edge nodes based on a zero-knowledge.

XYO system provides an entry point into a protocol of connected devices that provides certainty on location data through a chain of cryptographic proofs. XYO Users are able to issue transactions, called \queries, to retrieve a piece of location data on any blockchain platform possessing smart contract functionality.

Founded: United States
Website: xyo.network
Basic review: Basic review
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
Positive
Hype score
High 3.3 / 5.0
Risk score
Low 2.5 / 5.0
XYO Network Rating Review
12.04.2018
The ICORating Agency rates the XYO Network project at Positive.
XYO NETWORK Basic Review
26.03.2018
The ICORating Agency gives the Basic Review of the XYO NETWORK Project.

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See also