Our lives are now are getting more innovative as we move forward in the most advance technology.With the use of gadgets communication is more accessible, machine’s that make’s our daily task easier and car’s make our transportation faster.And now with the help of blockchain technology we can now makes transactions transparent,faster and more secured.How about with the use of blockchain technology we can track the location of a product we need?Amazing right.With help of blockchain technology XYO network made this possible.

Blockchain technology can only be used if you have internet but after years of reasearch and innovation of XYO network brought blockchain in the real world. With the use of GPS or bluetooth device XYO network can track a products and goods in a certain location in real time .

How XYO network works

A token holder first queries the XYO Network with a query.Then the query gets sent into a queue, where it waits to be processed and answered. A user can set their desired confidence level and XYO gas price at query creation. The cost of a query (in XYO Tokens) is determined by the amount of data required to provide an answer to the query as well as market dynamics. The more data needed, the more expensive the query and higher the XYO gas price. Queries to the XYO Network have the potential to be very large and expensive.

EXAMPLE image on how to use XYO network web APP.

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).

XYO components and their functions

Sentinels, bridges, archivist and diviners are the four components that will make the transaction in XYO network possible. Sentinels is a device that gather’s all the data and prepare their own Proof of Origin to be chained to nodes above them.Proof of Origin Chains are the key to verifying that ledgers flowing into the XYO Network are valid.Then bridges gather data from sentinels and append Proof of Origin to their chain. Bridges then securely relay the data to archivist.Next archivist will store all the data in a ledger.And lastly diviners fetch the most accurate data for a query from the XYO Network and relay that data back to the issuer of that query.A Diviner obtains and delivers an answer by judging the witness based on its Proof of Origin.Through this process, XYO network will give consumer and merchant a secured, transparent, and decentralised transaction and you can track the service that you will make and make sure it was executed safely.In XYO network all data will be stored in the ledger so you can keep track all the activities and interactions that have been made.