BLOCKCHAIN JUST ENTERED THE REAL WORLD

With over 1 million location-verifying beacons already built, and hundreds of thousands ready to be enabled, blockchain's first crypto-location oracle network has arrived. Our mission is to enable smart contracts to interact with the real world as if it were an API. Join us in decentralizing location-reliant trade markets.

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WE DON'T HAVE TO CALL XYO THE MOST EXCITING CRYPTOCURRENCY SINCE BITCOIN & ETHEREUM

BECAUSE THAT'S WHAT THE MEDIA DOES...

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Location data is used every day across the world. Societies and economies are becoming increasingly reliant on the certainty and security of location heuristics. Self-driving vehicles, package-delivering drones and smart cities will likely call for an increased reliance upon trustless location data. The adoption of the technologies of tomorrow centers on their ability to trust location heuristics they receive from an off-chain resource.

"The need for a difficult-to-disrupt system to complement GPS has been well known for years. GPS is exceptionally accurate and dependable, yet jamming, spoofing, cyber attacks and other forms of interference appear to be growing in frequency and severity. This has the potential for devastating effects on our lives and economic activity."
- RNT Foundation's President,
Dana Goward

We believe the current location technologies lack the necessary certainty and security properties necessary to move us into the future. We have developed an ecosystem of crypto-location protocols and components, which leverage the strengths of blockchain technologies, and solve the short-comings of location technologies relied upon today. Our project is called the "XY Oracle Network" (XYO Network). The XYO Network enables trustless transactions through an ecosystem of crypto-location components that can bridge the gap from the world of today, to the world of tomorrow.

BITCOIN IS JUST A SMALL FRACTION OF WHAT'S TO COME

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When Bitcoin arrived in 2009, it transformed how people carried out transactions online. It made online transactions safer, faster and more efficient; millions of people around the world started using and investing in it.

Today the combined market value of all digital currencies is over $275 billion… and some experts predict Bitcoin alone could hit the $1 trillion mark by the end of the year.

But why is this revolution happening in the first place?

It's primarily due to the technology at the foundation of it all, a breakthrough called "blockchain".

Blockchain, the fundamental technology underlying Bitcoin, eliminates the need for trust because it makes all transactions transparent, decentralized and secure. It has quite literally revolutionized online commerce.

People can now transact without knowing one another in what are called "trustless" transactions. There’s no need for a trusted third-party to settle disputes. People can send money from one person to another without a bank sitting in-between, taking a fee.

And then there was an even bigger breakthrough...

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MEET ETHEREUM

In 2013, there was another breakthrough...

A new blockchain platform called "Ethereum" was developed. It introduced a Turing-complete programming language into blockchain and opened up a new world of possibilities.

To understand how it works, think of Bitcoin as the Calculator app on your phone, And Ethereum as your phone's operating system which allows you to have many apps with many features. One of the main features built into Ethereum's functionality are called "smart contracts" - transaction protocols that essentially collapse payment and execution of an agreement into the same thing.

Instead of contracts being written on a piece of paper and signed in black ink, the world of Ethereum allows them to be written in computer code and executed when certain conditions are met. For instance, imagine if you want to place a $20 bet that a certain sports team will win a game. You can write a smart contract, and when the game is over, it checks the score and automatically send $20 worth of Ether (ETH) from loser to the winner.

Because the smart contracts run on decentralized Ethereum client nodes, you no longer have to rely on a third-party, like a sports book service, to facilitate this type of transaction. As a result, middlemen, and their fees, are eliminated.

The best part is that this is just the beginning.

Ethereum developers can also create their own applications which don’t rely on a central third-party authority. This is why they’re called decentralized applications or "DApps".

They run on a custom built blockchain, an enormously powerful shared global infrastructure which can move value around and represent ownership of property. All without any risk of downtime, censorship, fraud or third-party interference.

However, Ethereum had one major drawback. Because their smart contracts needed a centralized third-party for verification, it made them vulnerable to hackers.

Take the sports bet example. In the world of Ethereum, the source for where the smart contract gets the score of the game (i.e. a sports website that lists scores of games) is called an "oracle". A hacker or even an insider employee could hack into the oracle (e.g. like ESPN.com), where the contract checks the score, and change the score in their favor. Not much to worry about when it’s a $20 bet. However, it becomes a critical point of failure when you consider some transactions as high as $200,000 or more.

To get around this, multiple "oracles“ are used to build what is called "consensus"; meaning the smart contract must check with multiple oracles and they all must agree on the score of the game, for instance. That way, the contract is only executed when there's consensus and all third-parties show the same score.

Since the advent of Ethereum, there has been rapid-growth and creation of DApps and technologies related to cryptocurrency.

They’ve revolutionized how people transact online - a market which is worth $11 trillion a year.

Even in this early stage, blockchain technologies have had a major impact on the world. Yet, after seeing how they’ve changed the online world, the next natural question is...

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What if blockchain technology could be bridged to the real world?

Bitcoin and blockchain technologies have been limited to the internet. Every single new blockchain technology, cryptocurrency, or new "token", which are all economic tools used to align the underlying platform's economy, have focused on online applications, and not offline ones.

Yet the offline, real world market is still the biggest. It’s worth over $11 trillion a year. Since 2012, we've been developing location-based technologies aimed at connecting the digital world to the real world.

For the last several years, the XY has been developing the technologies critical to bringing blockchain to the offline world, in order to make them programmable and accessible to smart contracts.

To make this possible, we’ve had to overcome two extraordinarily difficult tasks: First, we've created a location-based consumer product business focused on getting Bluetooth and GPS tracking beacons out into the world. And second, we've developed ground-breaking research within the realm of location-focused blockchain technology so it is no longer limited to the online world.

After years of research and innovation, we’ve accomplished both.

XY has become the leader in the world of findable technology with Bluetooth and GPS tracking devices which allow everyday consumers to track real-world items in real-time, right from their smart phones.

XY now has over 1 million location beacon devices circulating in the world. In just a few years, we’ve created the single largest network of Bluetooth & GPS devices in the world.

HERE'S WHERE THINGS GET REALLY EXCITING

Because of the advancements we’ve made, we can track objects, from jewelry to cars, down to their exact location in real-time.

This is because everything in the world is defined by their XYZT coordinates; these things cannot leave that space.

As people or objects travel along their T coordinate (time), they interact with one another, creating what’s called metadata. A simple example of this is two or more people in a meeting or a conversation. The conversation is a record of the interaction. In the case of the XYO Network, we are taking this interaction as the time signature between these two parties - two people taking a selfie, making two copies of the selfie, signing both of them, and each taking one. That metadata which was generated is now also a permanent link between the two entities; this is a core protocol that underlies the XYO Network's platform and is covered in detail later.

But first, what all this means is, because of the XYO Network's confluence of it's location innovations combined with blockchain developments, we're able to introduce one of the most exciting ideas in blockchain today...

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The first decentralized cryptographic-location network built for the world of tomorrow

The XYO Network makes it possible for smart contracts to access the real world by using the XYO Network's ecosystem of devices to determine if an object is at a specific XY-coordinate. If it is, one can set up applications which execute transactions in the smart contract.

This has opened up a new world of possibilities. The applications of such a technology are infinite.

Take for example an eCommerce Company. With the XYO Network, they could now offer their premium customers payment-upon-delivery services. To be able to offer this service, the eCommerce company would leverage the XYO Network (which uses XYO Tokens) to write a smart contract.

The XYO Network could then track the location of the package being sent to the consumer along every single step of fulfillment; from the warehouse shelf to the shipping courier, all the way into the consumer's house and every location in between. This could enable eCommerce retailers and websites to verify, in a trustless way, that the package not only appeared on the customer's doorstep, but also safely inside their home.

Once the package has arrived in the customer's home (defined and verified by a specific XY-Coordinate), the shipment is considered complete and the payment to the vendor gets released. The eCommerce integration of the XYO Network enables the ability to protect the merchant from fraud and ensure consumers only pay for goods that arrive in their home.

This means e-commerce stores like Amazon.com can use the XYO Network to allow customers to only pay for a product when it arrives at their home.

This is just scratching the surface...

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XYO NETWORK

JOIN US IN BRINGING BLOCKCHAIN TO EARTH

Get in touch with us via our channels below. We welcome any questions you have about the XYO Network ecosystem.

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BLOG & MEDIA

News & Updates on the XYO Network

3.29.2018
How the XYO Network Functions and Integrates with the Ethereum and IOTA Platforms.
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3.28.2018
Integration with the XYO Network: Ethereum vs EOS vs NEO
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3.9.2018
Prysmatic Labs Wins Prestigious Ethereum Scalability Grant
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2.20.2018
The XYO Network White Paper: The Proof-of-Origin Based Cryptographic Location Network
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Learn more about the XYO Network through our YouTube channel

VIDEOS
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XYO NETWORK

IN THE NEWS

XYO Network Takes Blockchain Offline With Decentralized Location-Verification System

Forbes - 4/9/2018

The XYO Network combines location innovations with blockchain developments to introduce the first decentralized location-verification system and make it possible for smart contracts to access the real world.

[블록체인 이모저모] XYO 네트워크, 차세대 교통 관리를 위한 스마트 시티 모델

金色财经 - 5/4/2018

교통이 마비되는 상황을 타개하기 위한 해결책 수요는 지속 발생하고 있는 상황이다. 이에 따라, 여러 획기적인 대책들이 도출되고 있다. 해결 방안 중 하나는 XYO 네트워크(XYO Network)에서 개발 중인 블록체인 기술이다.

XYO Network Drivers Sweep Races Over the Weekend

Speedway Digest - 4/30/2018

The XYO Network announces today that their brand ambassadors had an incredible weekend with two first place finishes, once second place, and one nerve...

智慧城市:下一代交通管理模型

Forbes | 4/27/2018

几周前,XYO Network举办了一场黑客马拉松。在XYO区块链上,120位开发人员就圣地亚哥市提供的数据,开发出各种停车和交通流量的应用程序。在这里,汽车就是一个“哨兵”,带有各自的位置验证设备,这些哨兵将与停车计时器和红绿灯相连,从而为司机提供停车位的信息。

电子商务革命,蓄势待发

财经频道 | 4/25/2018

区块链能够填补系统漏洞。由此可见,采用该技术并使其充分落地,极为重要。电子商务产业革命蓄势待发,XYO network携手区块链技术,一马当先。全新的消费体验,值得零售商和消费者们拭目以待。

XYO Network Strengthens Crypto-Location Tech Portfolio With the Acquisition of GEO

Forbes - 3/16/2018

In a move that strengthens San Diego-based XYO Network as a leader in the development of crypto-location technology, the company has recently acquired GEO.

XYO Network: Taking the Blockchain to the Real World

Cryptovest - 3/26/2018

XYO Network solves the problem of storing and verifying locations, making a physical-world usage for the blockchain.

XYO Networks appoints Collete Davis as brand ambassador

The Drum - 3/24/2018

XYO Network's blockchain crypto-location oracle network, has appointed racer Collete Davis as an ambassador and spokesperson.

XYO Network Joins the Enterprise Ethereum Alliance

Virtual Strategy Magazine - 3/28/2018

XYO Network today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies.

What Is XYO Cryptocurrency?

The Merkle - 3/21/2018

XYO Network uses blockchain technology in an offline manner to focus on location verification...

How XYO network can help solve a $2 billion problem for the travel industry

AMB Crypto - 3/22/2018

The XYO network is the first of its kind, offering a location focused blockchain...

【科技暢想】XYO網絡助無人機「溝通」

Wen Wei Po - 3/14/2018

在接下來的5到10年裡,充滿人工智能AI的智慧城市將誕生,被自動駕駛汽車和運送無人機所包圍。

XYO Network Decentralizes $11 Trillion Dollar Location-Reliant Trade Markets

NBC 12 - 3/25/2018

XYO is blockchain’s first crypto-location oracle network...

XYO Network rafforza il portfolio tecnologico Crypto-Location con l'acquisizione di GEO

Altcoin News - 3/19/2018

XYO Network ha recentemente acquisito GEO. La società GEO e il team dietro di esso hanno attratto per la prima volta l'attenzione di XYO Network durante EthDenver, uno dei più grandi hackaton di Ethereum negli Stati Uniti ...

Review: XYO Network ICO – The End of The “Porch Pirates”

Blokt - 3/22/2018

There is a word for the jerks stealing delivered packages from our doorsteps: it’s “Porch Pirates.”...

XYO Network Strengthens Crypto-Location Tech Portfolio with the Acquisition of GEO

Chipin - 3/19/2018

The XYO Network takes Blockchain Offline and into the Real World with its Decentralized Location-Verification System...

XYO brings blockchain to the real world

Smart Cities World - 3/11/2018

Company’s main goal is to develop location-based technologies that connect the digital world to the physical world...

SEE ALL NEWS

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HEADQUARTERS

XYO OFFICES

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SEC DISCLAIMER AND FORWARD-LOOKING STATEMENTS:

Please keep in mind that XY Tokens do NOT represent an equity but are utility tokens for the XYO Location Network, which are necessary if one intends to use the XY Oracle Network in their Ethereum Smart Contracts.

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YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.

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OFFERING DOCUMENTATION CAN BE FOUND AT www.xyfindables.com/offering

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IF YOU ARE INTERESTED IN PURCHASING TOKENS IN THE XYO NETWORK, PLEASE USE THE LINKS ON THIS PAGE.