Ons-Sön 10-18

Many investors want updates on how their shares are “doing”, which normally means the current value of the shares, or essentially, if they’ve been making a profit. XY shares are not traded on a public market, so it is difficult for investors to know precisely how the value of their shares has fluctuated since their initial purchase. However, due to the fact they are not publicly traded, this means that should you find a buyer, you are able to set the price at which you’d want to sell your shares. Currently, the price of our shares is $8 (and this is a price, not a value), but you can feel free to use that as a guide for what price you’d want to set for your buyer. Additionally, you can always check our SEC filings for more insight into the price and value of your XY Equity.

  1. Through this, there are plentiful use cases for the XYO network, from supply chain tracking to recovering lost items to tracking insured vehicles.
  2. When the shipment reaches its destination (as confirmed by its interaction with XYO Network devices within the buyer’s home), the smart contract will be executed and the payment will be released.
  3. It’s important to note that location information about everyone and their devices, is already being compiled in a centralized manner; the key difference is that the data stored is not anonymous, but tied to their identity.
  4. FightOut is a move-to-earn (M2E) project where users are rewarded handsomely for completing challenges within a unique fitness metaverse.
  5. These platforms and protocols are interesting and worth supporting; furthermore, they are useful components that serve as a spoke in the wheel of the XYO Network.

In cases where both parties can agree on the authority and in-corruptibility of the specified oracle, this is sufficient. However, in many cases, either a sufficient oracle does not exist or the oracle cannot be considered authoritative due to the possibility of error or corruption. Its use has increased dramatically over the last decade and is now so ubiquitously relied upon that its disappearance would be catastrophic. The direction of tomorrow’s technology is quickly approaching a world with self-driving vehicles, package-delivery drones and smart cities that develop and run themselves.

XY Oracle Price Prediction As XYO Targets 144% Surge To $0.017

Since the year started, XYO price had increased 123%, a trend that had proven remarkably bullish, especially during the first week of 2023 when it reached the highest point since October last year. This is a high-risk investment and you should not expect to be protected if something goes wrong. Mehdi holds an MSc in Petroleum Engineering from New Mexico Tech and is currently an MBA Candidate in INSEEC Paris. There is also William Long, the brain behind the great “findables” products of the XY company.

Cryptographic Location Protocol Built For The World of Tomorrow

Once they consult a trusted source, or an “oracle” for this answer, they can enact the sports bet/contract between them and pay the winner. Although FightOut has been running just for a few weeks, it has already attracted a huge fan base, with its native token, FGHT, being available at discounted prices for the presale. Interested investors should capitalize on it as the price will rise once the presale ends.

Proof of Location

He is a strong believer in decentralization and the creation of the integrated owner/user model. Arie founded XY in 2012 (incorporated as Ength Degree, LLC before it was converted to a C Corporation in 2016). Generally, the greater the Sentinel cardinality in the XYO Network, the more reliable the network.

XY Findables has pioneered and launched its consumer Bluetooth and GPS business, which has allowed it to test and process real-world location heuristics. All efforts in developing the XY Findables consumer business have served to help significantly in designing the XYO Network Blockchain Protocol. The XYO Network will be built upon an existing infrastructure of 1,000,000 devices that have been distributed throughout the world via our consumer facing business, XY Findables. XY’s Bluetooth and GPS devices allow everyday consumers to place physical tracking beacons on the things they want to keep track of (such as keys, luggage, bikes and even pets). If they misplace or lose such items, they can see exactly where they are by viewing their location on a smartphone application. In just six years, XY has created one of the largest consumer Bluetooth and GPS networks in the world.

Creating such a contract enables two parties to transact with their agreement in a peer-to-peer manner, eliminating need for a trusted third party. The notion is astonishingly simple, yet up until this point in history, revolutionary approach was not possible. To focus on the token economics, the green paper dives deeper into the state and shortcomings of blockchain technologies today. It also provides insight on how XYO Network delivers viable and consistent answers to the location data space.

Due to this growth and goal of global “Findability”, XY Findables introduced the XYO Network in Q4 of 2017. Later, in early 2018, XY minted the first “XYO Token” to be used for smart contracts to access the XYO Network. The XYO Network now stands as XY Findables’ pursuit to make world-wide “Findability” happen — the XYO Network serves as a decentralized location oracle for blockchain smart contracts. From straightforward to complex, the XYO Network’s usage has vast applications that span a multitude of industries.

We created this green paper to outline the business details, our strategy and the background of blockchain & location protocols. We thank Raul Jordan (Harvard College, Thiel Fellow and XYO xy oracle Network Advisor) for his suggestion to compose a separate green paper in the first place. We thank Christine Sako for her exceptional work ethic and attention to detail in her review.

It logs John’s vitals as heuristic data, and the communication between the two devices eliminates the potential for human error in record keeping. The monitor also serves as an XYO Network Bridge, reporting and archiving the blockchain ledgers of any Sentinels it interacts with. By tying the XYO Network into the operational frameworks that are already in place in Hospitals, care providers can significantly reduce failures in communication and record keeping that result in patient injury and death. If you are expecting a product or package from XY, and need it to be shipped to a new address, please email with the change you desire to make.

It’s important to note that location information about everyone and their devices, is already being compiled in a centralized manner; the key difference is that the data stored is not anonymous, but tied to their identity. The XYO Network focuses on making location not only trustless and decentralized, but also identityless. This is achieved by combining a zero-knowledge proof with a cryptographic method we call Proof of Origin, as well as other technologies which will be covered later on. Progress has begun in the physical https://cryptolisting.org/ realm with the introduction of offline-focused cryptographic platforms that concentrate on specific use cases, such as the intersection of blockchain and the Internet of Things (IoT). In addition, there are efforts being made to develop protocols that concentrate on the intersection of location and blockchain, which are being labeled Proof of Location. These platforms and protocols are interesting and worth supporting; furthermore, they are useful components that serve as a spoke in the wheel of the XYO Network.

This is made possible by virtue of the identityless nature of the data comprising the XYO Network. The new year breakout was remarkable, as the XY Oracle price had been consolidating for the longest time as bears and bulls battled for control. In yesterday’s trading session, the price of XYO broke through the long-term resistance level of $0.007 in the early hours, surging 75%. Only ETH will be accepted as a payment method, and the team has invested a great effort in KYC and safety making it virtually impossible for hackers to slip through the safety net.

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