In the previous part, we considered the most burning example of the work of XYO . I do not know how you are, but I had a question: "Why is there a token in this system at all?"
The team implemented XYO tokenization to stimulate the desired behavior to provide an accurate and reliable set of techniques and methods for locating. XYO tokens can be considered as a "fuel", necessary to perform actions at any necessary time by checking the XY coordinates of a given object.
On a real example, everything happens as follows: the token holder first requests the XYO network, for example, "Where is my order number 0x123456789 from the online store" Pupkin and Sons "?". After that, the request is sent to the queue, where it waits for processing and response.
The user can set the desired level of confidence and the price of the XYO fuel when creating the request. The cost of a request (in XYO tokens) is determined by the amount of data required to provide a response to a request, as well as market dynamics. The more data you need, the more expensive the request and the higher the price of XYO fuel.
Requests to the XYO network can be very large and expensive. For example, a freight and logistics company can request the XYO network to ask: "What is the location of each individual car in our park? "
After the XYO token holder requests the XYO network and pays for its "service", all Diviners working on the task access the appropriate Archivists to obtain the relevant data needed to respond to the request.
These data are obtained from Bridges, which originally collected data from Sentinel devices or signals that verify the location of objects. These include objects such as Bluetooth trackers, GPS trackers, geolocation tracking, built-in IoT devices, satellite tracking technology, QR code scanners, RFID scanning and many others.
XY Findables first launched its Bluetooth and GPS business, which allowed it to test and process the location heuristics in the real world. All efforts to develop the consumer business of XY Findables have helped greatly in the development of the XYO Network Blockchain protocol.
If the data provided by the Sentinel device (for example, Bluetooth Beacon) is used to respond to a request, all four components participating in the transaction receive a portion of the XYO fuel paid by the token holder: Diviner (who was searching for the answer), the Archivist (who saved the data) Bridge (which transmitted the data) and Sentinel (which recorded the location data).
About how everything is complicated and, at the same time, simple.
Those. if my insurance company wants to check whether or not I did all the procedures listed in the report from the honey. institution, then it will be sufficient to send the request and, depending on the speed of the expected results, pay the transaction.
If the doctor will need to check if I have any allergy to a drug or if I have been given some kind of examination or the results of the survey, I also need to "throw fuel" into the XYO network. And if the token is not enough or not?
And if you roll back the situation until the choice of an insurance company or a medical institution (doctor)? We often rely on feedback. And how much can you trust the reviews on the Internet? Suddenly they are not reliable?
In this situation, too, can help XYO.
Those. if you implement the XYO technology on the site, then the reviews will qualify according to the meta-data of those who left them. If a person has never been a patient of a medical institution (doctor), is not insured in this company, did not buy anything in this online store, did not rest in this hotel, resort, salon, rented a car, equipment, equipment, etc. , then its recall will be of questionable quality. What the system will be able to warn both moderators and site visitors.
To monitor transactions and track other indicators, there is already ready functionality.
Thanks to this initial interface, you can track your couriers for the delivery of orders, sales representatives, warehouse employees, and much, much more. Yes there warehouse staff, you can robotize the warehouse and manage these autonomous self-propelled robots remotely, and on smart contracts they themselves will be excellent to cope. Also the reports will be sent on time.
The bright head will always find application of good technology, and with the advantages of IoT on the blockade of these ideas will become even greater.
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