XYO Network

by XY

(0)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

ChainLink

by SmartContract

(0)
View Profile

XYO Network

by XY

(0)
View Profile

ConsenSys

by ConsenSys

(0)
View Profile

ChainLink

by SmartContract

(0)
View Profile

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.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.

Token Stats

Not Relevant

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.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

Ratings

(0)

(0)

(0)