Xyo was launched again in 2018, before the 2021 bull race and before DePin became a widely discussed narration in the encryption industry. The project started providing interest to Crypto, which at that time focuses mainly on speculation and “digital gold” in Bitcoin.
Depin in Crypto aims to get rid of global logistics services, including shipping.
DePin, or decentralized physical infrastructure networks, refers to Blockchain networks that use devices in the real world to collect and verify data.
For example, logistical company can take advantage of DePin to track actual time shipments, ensure transparency and safety throughout the supply chain. This would allow the registration and installation of anti -tampering data.
Depin’s novel has been in connection with, especially in the past two years, but it has not fully up to the noise level. This is partly due to the lack of a truly effective bridge of data between the real world and Blockchain.
Xyo Crypto project offers four specific tools designed to achieve its goal of becoming a DePin leader:
- XYO Ecological System: The complex protocol and the knot -based DEPIN technology can be combined into any Web3 or Web2 product, allowing smooth data integration.
- currency: Mobile application rewards users to contribute to data in the decentralized infrastructure in XYO, which stimulates participation.
- Ashrasis: The operating system that operates the decentralized XYO network of the contract, ensuring that effective data processes and network stability.
- Xns: The Blockchain -based names system allows users to claim unique decentralized identities, and to enhance and control data ownership.
In February, Xyo launched its Layer-1 series, known as Xyo Layer One Blockchain, which was designed to meet the needs of the intensive data sectors such as artificial intelligence and decentralized physical infrastructure networks (DePin).
Its specialized structure allows simultaneous operation for multiple transmission, all during the use of the individual joint professor’s book. This design guarantees that large amounts of data can be processed efficiently, maintaining both accuracy and expansion as needed, which is crucial for DePin applications.
It should be noted that at the present time, most XYO features are only theoretical because they are not fully implemented in the real world.
