XYO Network

by XY

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V Systems

by V Systems

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Penta

by Penta Global Foundation PTE.LTD

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XYO Network

by XY

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V Systems

by V Systems

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Penta

by Penta Global Foundation 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.V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.Penta does not appear to solve any problems better than existing blockchain platforms.

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.

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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