XYO Network

by XY

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CanonChain

by CANONCHAIN.COM Inc.

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Parity Technologies

by Parity Technologies

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XYO Network

by XY

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CanonChain

by CANONCHAIN.COM Inc.

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Parity Technologies

by Parity Technologies

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What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.

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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.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

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