XYO Network

by XY

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CanonChain

by CANONCHAIN.COM Inc.

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XMax

by XMax

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XYO Network

by XY

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CanonChain

by CANONCHAIN.COM Inc.

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XMax

by XMax

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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.XMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.

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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.

XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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