Hey, what's up #lookouts
Today we are unboxing the XYO geomining kit from XY!
XYO is a peer to peer location data network that allows the information provided from the users to be sent and verified without requiring a trusted third party relationship for world data!
The parent company, XY is leading in the worlds findables technology with over 1 million Bluetooth and GPS tracking devices in the world today. And now, with the implementation of their cryptocurrency, $XYO, you can be rewarded for providing value to the network by verifying your location for others.
So what's in the box?
-8 sentinels
-1 Bridge
-And a power cord for the bridge
Real world use case of location data:
E-commerce: payment upon shipment arrival (Amazon)
Medical: medical errors are third leading cause of death in US, many of which are preventable deaths due to operational or record-keeping errors.
Transportation: airlines, rental cars and soon self-driving vehicles (Lyft)
Drones: shipments and location tracking
Thanks for watching. Make sure to stay on the #lookout
@chicagocryptocapital
Check us out on social!
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Helpful Links:
https://xyo.network/
https://medium.com/xy-university/geomining-set-up-instructions-b92b97392599
https://medium.com/xy-university/what-are-xy-sentinels-b0369c712272
https://support.xy.company/hc/en-us/articles/360017609754-Setting-up-your-XYO-Geomining-Kit
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