XYO Partner: XY - The Persistent Company

What is XY - The Persistent Company?

XY - The Persistent Company, founded in 2012, has consistently been creating software and location-data devices to build a global data network. The company focuses on a person's relationship to the physical world through multiple virtual realties, whether it's smartphones, Internet of Things devices, Blockchain ledgers, or something more.

Understanding XY - The Persistent Company

XY - The Persistent Company was founded in 2012 by Arie Trouw, originally under the name "Webble". The company began as an idea to create a hyper-location network that could connect the real world with virtual realities through Internet of Things (IoT) devices. Soon, XY began to primarily focus resources on our profitable consumer product, XY Finders, which allowed users to communicate with their misplaced items.

Over the next few years, XY grew to encompass many aspects of the relationship people have with the physical world. XY was continually persistent and evolving to match the changing expectations and needs of the data markets, and ultimately found its home within blockchain technology towards the end of 2017.

In late 2017, the shift to blockchain technology was not an easy one. The company was down to a mere seven employees, and as with many start ups, it was tough to maintain persistence through challenges and late nights. Arie was eager to find a way to return to the original vision of transforming a user's experience of the physical world with a hyper-location network. He began talks and research about how blockchain technology could be the way for XY to further its vision.

A few weeks later, XYO was born. XYO Foundation is now a non-profit blockchain project with the mission to bridge the gap between cryptographic technology and the physical world. People create valuable data around the world every day. XYO promotes data sovereignty and pays network users for their data contributions, and uses cryptographic technology to keep that data secure and reliable. Ultimately, XYO will be the first network that will allow industries to use reliable data from a decentralized and cryptographic source.

XY's experience with extensive consumer hardware, community, and support, combined with our vision of persistency and evolution in the face of changing markets has allowed XY - The Persistent Company to take the first steps to becoming an expansive company with a broad variety of tools and technologies to change the user's experience and interactions with the physical world.

How XY's hardware works with XYO's Technology

XY - The Persistent Company has built the hardware for the XYO Sentinel and the XYO Bridge, two important components of the XYO Network.

Avoid Spoofing

Spoofing can reduce the value of hard-earned digital assets and discourage players from playing the game.

Company Security

COIN App relies on a detailed and algorithmic digital asset economy. XYO's technology helps COIN's economy remain stable and secure.

How COIN App Uses XYO's Technology

The COIN App uses XYO's current fingerprinting technology to prove that a user was in a location they claim to be. It helps avoid location spoofing in the app, and protects COIN from bad users who wish to fake their location to earn more digital assets than they should be earning. The upcoming XYO Network 3.0 will be integrated soon with COIN App to improve this functionality.

Avoid Spoofing

Spoofing can reduce the value of hard-earned digital assets and discourage players from playing the game.

Company Security

COIN App relies on a detailed and algorithmic digital asset economy. XYO's technology helps COIN's economy remain stable and secure.

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