XYO Network

by XY

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ConsenSys

by ConsenSys

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BitNew Chain

by BTN Foundation

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XYO Network

by XY

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ConsenSys

by ConsenSys

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BitNew Chain

by BTN Foundation

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What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.

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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.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem(BTN-DC), and decentralized storage subsystem(BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

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