XY Oracle XYO Preço XYO para o preço em USD e gráfico ao vivo

See how the value of the XYO Network coin has changed over the recent 24 hours. Access the current market cap (market capitalization) and trading volume of the XYO digital asset. In February of 2022, XYO announced an expansion of its original concept, becoming capable of aggregating and analyzing a wide and flexible range of heuristic and digital data. No longer focusing exclusively on location and geospatial data allowed XYO to expand into broader Web3 markets. xy oracle price The XYO Network is maintained by the XYO Foundation , a nonprofit organization to facilitate education, research and continued development of the XYO protocol. The XYO Foundation helps to develop partnerships for the XYO blockchain, including ones with major companies, such as FedEx, Chainlink, Microsoft, and Cisco.

XYO Holders

Bound Witness is another cryptographic mechanism employed by the XYO Network. It serves as a trust mechanism by confirming the proximity and interaction between different devices within the network. Bound witness interactions allow devices to cryptographically validate and verify each other’s location and interaction, ensuring accuracy and reliability of data collected. At its core, the network focuses on gathering accurate and reliable location data, encompassing latitude, longitude, elevation, weather, temperature, and more.

• This decentralized approach eliminates the need for centralization and empowers the network with enhanced transparency and autonomy.
• Bound witness interactions allow devices to cryptographically validate and verify each other’s location and interaction, ensuring accuracy and reliability of data collected.
• XYO can enable secure and efficient delivery services by providing verifiable location data.
• In the crypto world, oracles refer to technologies that can retrieve real-world data from online sources and supply it to an appropriate blockchain protocol or decentralized application.

What about XYO Network?

It can enable accurate positioning and interaction of virtual objects in the real world, increasing immersion and user engagement. With XYO, businesses can target advertisements to specific locations and demographics accurately. Location-based marketing campaigns can be executed more effectively, providing personalized, relevant advertising to potential customers. In the past 24 hours, the price of XY Oracle (XYO) has experienced a 0% change, with a trading volume of $28,008.1. Keep an eye on XY Oracle’s price on CoinScan to optimize your trading strategies.

• It is like a person standing guard, constantly observing data in the physical world and recording it on a secure ledger.
• It ensures transparency, traceability, and accountability, reducing the chances of fraud, theft, and counterfeit products.
• The XYO Network solves the problem of location verification by creating a layered location verification service that is effective across device classes and smart contract protocols.
• By operating through different devices spread across the globe, the network establishes a common software platform for seamless communication.

XYO to USD Chart

Potential use cases for XYO include enabling decentralized data for AI, metaverse applications, and data analytics, helping organizations derive insights from complex datasets for decision-making. It can also inform urban planning, environmental monitoring, and localized human mobilization.XYO was created by XY Labs, Inc., and was introduced in January 2018 by co-founders Arie Trouw and Markus Levin. The XYO token was launched in March 2018, and the ecosystem expanded in 2022 to handle a broader range of data types. Changelly offers an interactive chart that reflects the live XYO-USD price with real-time updates and ultimate XYO price market statistics.

The token page shows information such as price, total supply, holders, transfers and social links. XYO co-founders Arie Trouw and Markus Levin recognized a growing need for a trustless, decentralized location oracle. Chainlink, one of the top oracle networks for on-chain real-world data, has partnered with Intercontinental… XYO can enhance location-based gaming experiences, such as treasure hunting games and AR applications.