XYO Network is a blockchain-based Network of Internet of Things prognosticators for the execution of smart contracts through location confirmation.

Focus on enabling developers, such as those who write smart contracts for blockchain platforms, to interact with the physical world in apI-like ways.

Smart contracts are limited mainly because they can only operate on the data contained within a node, like a separate system that approximates the real world. If you need to include location data in your smart contract, the only option is to use an information intermediary. However, the information intermediary adds data from the real world to the smart contract, which means that if the information intermediary is broken, the whole smart contract is broken. If a centralized information mediation service is used, this means that malicious actors can control their site and control their output.

XYO Network solves this problem with its proprietary encrypted location information intermediary Network, which is resistant to attack and has extremely high accuracy. XYO Network is a decentralized platform that helps smart contracts enter the real world by using its ecosystem of Network devices to determine the exact location of physical objects at any given time. The network uses an innovative set of technologies to ensure the accuracy of data from the time it is collected by XYO to the time it is delivered to the user. XY's Oracle protocol uses two mechanisms to collect and verify data on the blockchain: proof of origin and binding witness. Provenance proof is a set of zero-knowledge proofs used to determine the accuracy of the information provided by the network predictor and to give a score, called the source chain score. Bound Witness is at the heart of the Proof of Origin concept, which aims to greatly improve the certainty of predictive machine data validity by using the proximity of two participating nodes to verify the occurrence of events.

Pay smart contracts to track objects and pay rewards to work nodes on the platform.

Depending on the natural flow of the XYO token economy, token holders will receive different token use incentives at different points in time: such as token rewards for trading, or even taking advantage of lotteries. In high-volume systems, users who retain tokens do not miss transactions. However, users who trade with other parties in a circular fashion to game the system will also be penalised with liquidity incentives, similar to the safeguards put in place to prevent fraud by miners asking wrong answers.

XYO lets users activate a protocol to connect devices, which provides accurate location information with the help of an encrypted protocol chain. Users can initiate transactions called "queries". Queries are used to retrieve location data from any blockchain with smart contract capabilities. The aggregator will process the query, find the most suitable answer from a scattered set of devices, and feed it back to the smart contract. A system component can almost certainly position an object at a particular XY coordinate at a given time.

1. By integrating with the XYO network, e-commerce companies can track their goods at each stage using a separate ledger. It will confirm the shipment at each step as well as the point of delivery. It can provide independently verified paths for unmanned aircraft systems to avoid collisions and provide exact paths and locations. 2. XYO will help the healthcare industry by providing accurate location data for emergencies, reducing errors and improving hospital accountability. The air transport industry can take advantage of XYO's ability to accurately track baggage movements and avoid lost and delayed delivery.

XYO is on the track of physical network predictor. The current application scenario of the track is not very clear and has high uncertainty.