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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SMART CONTRACTS CAN NOW INTERACT WITH THE REAL WORLD AS IF IT WERE AN API

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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.

XYO NETWORK COMPONENTS


The XYO Network has four primary components, Sentinels, Bridges, Archivists, and Diviners. These four components enable geo-focused, consensus-building and trustless verification of location data. This means that when you write a smart contract that specifies for an object to appear at a specific XY-coordinate, if it appears there, you will know that it was at that location with absolute certainty. This is all done without risk of spoofing the location signaling device(s) verified by thousands of Sentinels in the XY Oracle Network with the longest Proof of Origin chain (thus yielding greater confidence in the heuristics).

1. SENTINELS

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Sentinel components are heuristic witnesses. They observe heuristics and vouch for the certainty and accuracy of the heuristic by producing temporal ledgers. The most important aspect of a Sentinel is that it produces ledgers that Diviners can be certain came from the same source by adding Proof of Origin to them.

2. BRIDGES

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Bridges are heuristic transcribers. They securely relay heuristic ledgers from Sentinels to Diviners. The most important aspect of a Bridge is that a Diviner can be sure that the heuristic ledgers that are received from a Bridge has not been altered in any way. The second most important aspect of a Bridge is that they add an additional Proof of Origin.

3. ARCHIVISTS

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Archivist components store heuristics in a decentralized form with the goal of having all historical ledgers stored, but without that requirement. Even if some data is lost or becomes temporarily unavailable, the system continues to function, but just with reduced accuracy. Archivists also index ledgers so that they can return a string of ledger data if needed. Archivists store raw data only and get paid only for retrieval of the data. Storage is always free.

4. DIVINERS

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A Diviner answers a given question by analyzing historical data that has been stored by the XYO Network. To accomplish this, heuristics stored in the XYO Network must have a high level of Proof of Origin to measure the validity and accuracy of the heuristic by judging the witness based on its Proof of Origin. Given that the XYO Network is a trustless system, Diviners must be incentivized to provide honest analysis of heuristics. Unlike Sentinels and Bridges, Diviners use Proof of Work to add answers to the blockchain.

PROOF OF ORIGIN

COMBINED, THE COMPONENTS OF THE XYO NETWORK CREATE BLOCKCHAIN’S FIRST EVER IDENTITYLESS, TRUSTLESS LOCATION PROTOCOL

Proof Of Origin

In a trustless system, data may be lost, damaged, tampered with, or otherwise corrupted. Traditional Proof of Origin in a trustless system relies on a private key for signing transactions or contracts in a system. This works very well with the assumption that the node on the network that signs the data in question is physically and virtually secure. If the private key is compromised, then the ability to prove origin falters. Proof of Origin (Proof of Origin) is the key to verifying that ledgers flowing into the XYO Network are valid. A unique ID for source of data is not practical since it can be spoofed. private key signing is not practical since most parts of the XYO Network are difficult or impossible to physically secure, so the ability for a bad actor to steal a private key is too feasible. To solve this, XYO Network uses Transient Key Chaining. The benefit of this is that it is impossible to falsify the chain of origin for data.

BOUND WITNESS

THE XYO NETWORK LEVERAGES CRYPTOECONOMIC INCENTIVES TO REWARD DESIRED BEHAVIOR AND DETER AGAINST NETWORK ATTACKS

THIS CREATES THE FIRST EVER TRUSTLESS LOCATION PROTOCOL

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Bound Witness

In a trustless system, a witness node can either (through defect or corruption) produce false data. Invalid data can be detected and removed simply if it falls outside the allowed range for that heuristic. Valid but incorrect data (i.e. false data) is much more difficult to detect. Given that an untrusted source of data used to resolve a digital contract (an oracle) is not useful, we can substantially increase the certainty of the data provided by first establishing the existence of a bidirectional proof of location. The primary bidirectional location heuristic is proximity, since both parties can validate the occurrence and range of an interaction by cosigning the interaction. This allows for a zero-knowledge proof that the two nodes were in proximity of each other. This novel concept is called "Bound Witness," and the XYO Network introduces this possibility, for the first time ever, to the world. The implications of this will change a multitude of industries and the way we trade in the world.

THE MOST AMBITIOUS BLOCKCHAIN
PLATFORM IN RECENT HISTORY

The XYO Network natively integrates with the leading blockchain platforms of today, and its agnostic protocol enables integration with the blockchain technologies of tomorrow.

"The XYO Network is the world’s first XY-coordinate bridge between blockchain and the real world”

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Arie Trouw

Founder & Architect
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Interact

The XYO Network enables developers to gain the power to interact with the real world as if it were an API.

Protocol

Think of the XYO Network not as a blockchain application (i.e. like websites are to the internet), but as fully fledged blockchain protocol (i.e. like HTTP is to the internet).

Build

Similar to blockchain platforms like Ethereum, EOS, omisego and others, the XY Oracle Network gives developers a platform to build decentralized location-reliant DApps.

BUILT TO SUPPORT THE BLOCKCHAIN PLATFORMS OF TOMORROW

The XYO Network works natively with the following smart contract platforms as well as other blockchain platforms with Turing-complete functionality.

INTERACT WITH THE XY ORACLE NETWORK VIA WEB CLIENT, SOFTWARE LIBRARIES, API AND JAVASCRIPT CLIENT.

All transactions running on the XYO Network require XY’s Utility Token: XYO

Web Client: XY Gamma

The XYO Network has a consumer-friendly Web App Interface, developer APIs, and software libraries that span popular smart contract languages (Solidity, Viper and more).

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New Location Query


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INSTANTLY SUBMIT TRUSTLESS LOCATION QUERIES

Via the XYO Network’s Web App, users can instantly submit queries to the XYO Network by specifying the public address of the object they wish to track (i.e. a vehicle, package, luggage and more).

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SMART CONTRACT API PLATFORMS

Our objective is to provide blockchain developers with the ability to access real-world location data using whichever DApp platform they wish. Our current list of platforms we intend to support is listed below:

BITCOIN + RSK

STELLAR LUMENS

CARDANO

ETHEREUM

IOTA

EOS

HASHGRAPH

NEO

LISK

COUNTERPARTY

Ethereum

An Ethereum smart contract written in Solidity using the XYO Network smart contract API.

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XYO NETWORK

USE CASES

The XYO Network has use cases for any participant in location-reliant transactions. Outlined below are use cases that the XYO Network is actively being utilized for.

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eCommerce

According to a recent study released by Comcast, more than 30% of Americans have had a package stolen from their porch or doorstep. As the market share of eCommerce continues to grow, this problem will only become more prevalent. By utilizing the XYO Network and XYO Tokens, companies like Amazon and UPS can offer, as a premium service, an independently confirmed ledger to track every step of a shipment’s progress, starting at the fulfillment center and ending with the package’s secure delivery within the customer’s home.

DOWNLOAD USE CASE PDF
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Medical Care and Hospitals

Medical errors are the third leading cause of death in the United States, according to a study released by Johns Hopkins School of Medicine. Many of these preventable deaths are a result of operational or record-keeping errors, including adverse drug interactions, improper medical records, and even unnecessary surgeries. By tying the XYO Network into the operational frameworks that are already in place, care providers can significantly reduce failures in communication and record keeping that result in patient injury and death.

DOWNLOAD USE CASE PDF
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Rental Car Agencies

The number one problem that rental car agencies face are logistical ones. Simple events such as the customer losing their keys results in millions upon millions of dollars in lost opportunity cost for car rental companies each year. XY has already implemented a pilot program with one of the largest US rental car agencies to help cut down on the number of keys that aren’t returned at major airports. By expanding the program to make use of the XY Oracle Network, the rental car company and its customers can reduce the number of lost keys.

DOWNLOAD USE CASE PDF
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Commercial Airline Luggage Logistics

Lost and mishandled luggage costed airlines $2.1 billion dollars in 2016, according to a study by SITA. While systems are improving, the complexities of air travel still result in millions of angry passengers with lost bags each year. The XYO Network has implemented a decentralized, trustless system for tracking and locating luggage. Its decentralized nature even allows airlines to utilize each other’s networks without compromising the airlines’ network security or needing to coordinate system updates - this means that if you’re at the United desk in Dallas, but your bag is at the Delta desk at SFO, the bag can still be instantly located by accessing the XYO Network Ledger.

DOWNLOAD USE CASE PDF
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Insurance Agencies

Insurance for vehicles, modular homes, and other high-value, high-mobility objects can reimburse for theft, but can’t inherently assist in locating the original good. The insurance industry is also susceptible to fraud, especially in the case of insured items that are highly mobile. XY is already working with an insurance company that covers high value, high mobility goods to help them process claims and recover insured goods. Using the XYO Network, a decentralized and trustless location-based blockchain ledger, the company and its customers have access to an independently verifiable location history in the event of a claim.

DOWNLOAD USE CASE PDF
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National Security (TSA) Agencies

In high security areas, it is essential to ensure that any authorized firearms are strictly controlled. Creating a system that is secure, reliable, and publicly accountable poses an operational challenge. A high-profile government security agency has contracted with XY to secure firearms in major transportation hubs throughout the United States. The use of XY’s existing technology saves the agency millions of dollars, and the decentralized nature of the blockchain creates a system that is both independently secure and publicly accountable.

DOWNLOAD USE CASE PDF
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Drone Package Delivery Systems

Numerous entities are very close to implementing automated drone services, from eCommerce giants like Amazon and Walmart to Google/Alphabet’s Project Wing to the numerous drone mapping services already in operation. Ensuring public safety, securing personal privacy, and maintaining compliance with FAA regulation will become increasingly challenging as guidelines are altered and skies become more crowded.

DOWNLOAD USE CASE PDF
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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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ICO LISTINGS

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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.