We are living in a world where every day a new invention is done and new technology is developed. In last few years, humankind has made easy and unique progress through technology and science in all areas of the world. Many new and different opportunities are taking place, and due to this reason only we are living our lives differently. Now we must access knowledge about the human history, and this can only be possible with right network and thanks to the internet, through which we can now find every bit of information right in our hands. But as we are moving ahead, everything is getting public. We are now sharing our everyday life with strangers, and almost everyone knew that what we are doing and where we are.
But as the technology is getting advanced, various new methods and technology have evolved through which one can keep their personal information with them. Thanks to blockchain technology that has brought a new era towards progress which we call as decentralize revolution. Many new projects are rising that is creating a new reality through the use which there is no need for anyone to depend on any central authority to control or insight into our personal lives. However, one of the essential leaders and projects of the decentralized platform that takes the location data of our in their hands and helps us become independent is XYO oracle network. But most of us are unaware about this project, so let’s start with it and know about it in detail.
About Oracle network (XYO):
It is blockchain location network that is completely based on zero-proof knowledge, trustless which eliminates the needs of centralized location data. It is an Oracle network that enables us to locate any individual or object through the use of different protocols and devices. However, to make this thing possible the team of XYO makes use of “proof of origin” in order to merge decentralized blockchain world with real world into one unique and innovative game-changing network.
Yes! This may sound somewhat wearied but as it is told you in the above paragraph that we are living our future today, and this project can help you do so. They have an existing infrastructure of about 1,000,000 beacons tracking that not only represents the biggest consumer Bluetooth but even represent GPS network, and it is just the beginning of this project!
The main aim of this project:
The main motive and aim of this project is to create a decentralized and trustless system for location oracle that is easily able to resistant to produce an attack highest certainty when there is need to query for available data. However, they have successfully established it so that they can easily trace the location data and reduce the risk of location spoofing using a chain of zero proof knowledge.
Thus, with the help of XYO oracle platform, one can easily find the location of an object or individual. You can even take the help of XY tokens to retrieve with it and find the exact location.
Check this all Channel
XYO Network’s website: https://www.xyo.network/
Telegram Group: https://t.me/xyonetwork
ANN Thread: https://bitcointalk.org/index.php?topic=3040825.0
Bitcointalk Profile Authorship: https://bitcointalk.org/index.php?action=profile;u=2028190