Do you know that in 2012, students from the University of Texas were able to spoof GPS technology and force a military drone to land in a location. Yes, GPS is not as impenetrable as we once thought. Over the years, there's been an increase in the number of people spoofing GPS results in order to give us fraudulent result. Heck, it's so easy that a 12 year old can tamper with GPS in order to increase his level on Pokémon Go. Therefore, startup companies are looking at the possible ways of using Blockchain to transmit real-time Geo-spatial information, and this led to the inception of the XYO Network. The XYO Network aims at creating a trust-worthy decentralized system of location oracles that produces the highest certainty possible when queried for answers. Wait a minute, let's take a stroll down memory lane on the former methods of verifying Proof of location
Proof of location started in the 1940s with navigation systems such as LORAN. Today, location services rely on multiple forms of verification stacked on each other to create a Proof of Location through GPS and triangulation. However, these location services fail to approach the most critical aspect of the problem that we face in today's location technology - designing a system that detect these fraudulent signals and prevents spoofing of location data. So, how can the XYO Network eliminate spoofing and fraudulent results in proof of a location.
Proof of location cuts across various industries and spheres of our daily lives. Companies like eBay and Amazon are less likely to lose funds over misplaced goods. Customers are more likely to receive their goods with this crypto-based proof of location. With XYO Blockchain tracking system, you will be able to track your purchase every step of the way. This reduces the incidence of scam companies pocketing your purchase without delivering anything to you. Furthermore, XYO Network puts a smart contract will enables you to pay at delivery. The eCommerce company will only get paid once you receive your goods. With this methods, both the company and you are free from fraudulent practices. In fact, the rates of terrorisms will decrease as authorities will able to track the movement of firearms.
Hospitals will experience less errors in treating patient's data. Medical deaths through mishaps are common in most places, especially in developing countries. However, with the XYO Network, patients will receive better medical care, as their caregivers details, dosage, time of medication are encrypted and time-stamp on the patient's plastic bracelet. The patient's plastic bracelet will medical institutions to track and prevent mishaps. Furthermore, it gives medical institutions an accessible trove of data to help in patient care.
All the aforementioned benefits are possible via the novel method through which XYO Network acquires data. XYO Network creates an accurate proof of location via these primary components; sentinels, Bridges, Archivists, and Diviners. Sentinels gets information through radio signals, sensors, and other means. Bridges relays data from Sentinels to Archivists. Archivists stores the information, and Diviners analyzes the information from Archivists in order to verify the accuracy before relaying the information to the user.
Useful links:
Website:
https://www.xyo.network/
Telegram: https://t.me/xyonetwork
Bitcontalk thread:https://bitcointalk.org/index.php?topic=3040825.0
Bitcontalk username: sweedy
Bitcointalk profile link: http://bitcointalk.org/index.php?action=profile;u=1821234