XYO Network

by XY

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Algorand

by Algorand

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APIS

by The Oxchild Pte Ltd.

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XYO Network

by XY

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Algorand

by Algorand

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APIS

by The Oxchild Pte Ltd.

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What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.APIS will allow users to invest their coins on a network masternode without having to stake a large number of coins or deal with the technical requirements of setting one up.

Token Stats

Company Description

The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

APIS is developing a masternode mediation platform that will lower the barriers of entry for users wanting invest their coins on their own masternode of a network. A masternode is a type of node that has additional voting influence and block rewards, on a Proof-of-Stake network. Investors are able to place coins on a masternode and receive a stable interest from the block rewards; similar to interest that is given in a bank. APIS will allow users to invest in masternodes without having to deal with the technical requirements or stake a prohibitively large number of coins.
Their network is powered by the Ethereum-based APIS token.

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