You say that XYO is the newest breakthrough in blockchain and can be bigger than bitcoin and ethereum combined.
How exactly? What do you want to accomplish?
Hey there! In 5 to 10 years in a wolrd full of smart cities, AI, robots, self-driving cars and drones, we need a location technology these things can rely on and XYO is aiming to be that technology. XYO is blockchain's first crypto-location oracle network, and their mission is to enable smart contracts to interact with the real world as if it were an API!
This is the goal of XYO. The implementation time is very long and when the product isn't available, all can't be evaluated. We just hope it passes bitcoin and ethereum.
isn't implementation entirely depended on adoption?
since the protocol is hardware agnostic, can't something clever be done to "growth hack" the network?
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Another question
Let's say I want to launch an ICO, and in this ICO, there are augmented reality virtual objects scattered across the world. I guess all I'd need in the smart contract is longitude and latitude for these predefined objects
Hey there, with regards to your first question, yes, in fact the team have about one million bluetooth and GPS devices sold to date, and they are using that framework to build out the XYO network. 300,000 XY4+'s can be used immediately as sentinels once firmware update goes out.
For the second question, am I correct in saying that you would be attempting to locate these virtual objects? I don't think that would work with the XYO Network as built to communicate with objects in the real world. Our mission is to enable smart contracts to interact with the real world as if it were an API.
You say that XYO is the newest breakthrough in blockchain and can be bigger than bitcoin and ethereum combined.
How exactly? What do you want to accomplish?
Hey there! In 5 to 10 years in a world full of smart cities, AI, robots, self-driving cars and drones, we need a location technology these things can rely on and XYO is aiming to be that technology. XYO is blockchain's first crypto-location oracle network, and their mission is to enable smart contracts to interact with the real world as if it were an API!
IBM has been working on blockchain tracking technology, and they have the capitol to take on a venture of this magnitude without an ICO. So no, XYO isn't the hottest ICO of 2018, they're not the first or the only ones working on this technology, and I seriously doubt they'll be able to compete with IBM, or overtake bitcoin or ethereum, let alone the two combined. I've said it before in this very thread; good luck to all of you who've participated, I remain skeptical.
The core difference between XYO and other projects lies in the Proof of Origin and Bound Witness concept. This means that it the XYO network use cases extend far beyond just tracking technology. Read more from their Medium articles.
https://medium.com/xyonetwork/by-providing-authoritative-proof-of-location-the-xyo-network-will-change-the-world-e1e7a6e65685