XYO Network - Blockchain Tracking Device

GPS is a great technology that we all are enjoying now. Thus, we all rely on GPS and we are aware it is accurate, but what if the signal would jam, experience cyber attacks and other forms of interference appear to be growing in frequency and severity. GPS is exceptionally accurate but it's flaws are undeniable, now here comes XYO Network.


Let me introduce to you the XYO Network (The very first dApp for real world uses and application), on how the project would disrupt the market.


XYO Network

is the blockchain’s first decentralized, trustless and secure Proof of Location organize. Because of its two one of a kind center ideas, Proof of Origin and Bound Witnesses, the XYO Network allows developers and smart contract creators to interact with the real world as if through an API.

On the easiest way possible, this is how XYO Network would work out
I will start with bitcoin's transaction as an example.
To successfully transfer a bitcoin from the sender, there would be an algorithm that needs to be solved before the bitcoin would be received by the recipient .
Same with XYO Network, there would be a problem that would be passed from the Sentinel (the sender) to the Bridge (the miner) to Archivist (blockchain ledger) to Diviner (recipient). Hope you get that right. Now I would further explain how the Sentinel,Bridge, Archivist, and the Diviner do their respective jobs to accurately locate things on the real world.

Sentinel
- The source of locations, where all the data comes from and store it on a public ledger.
- Incentiviced by XYO Tokens for every correct location it could give.
- Analyzes each location by "Proof of origin" and scored by "Origin Chain Score"

Bridge
- Transcriber
- Incentiviced by XYO Tokens for every correct location it could transfer from Sentinel to the Archivist.
- Relayer of heuristics

Archivist
- Ledger that stores all the data on decentralized ledger
- All proofs are stored
- Incentiviced by XYO Tokens for storing data

Diviner
- Accurate data analyzer
- Analyzes the best score from the Archivist
- Most complex part of XYO Network
- Securing all data free from attacks and tampering
- Gives the answer to the Query Initiator

So this would go like
Sentinels Gather Data, . Bridges Gather Data From Sentinels, Archivists Index/Assemble Data from Bridges, . Diviner Fetches a User’s Query, Diviner Collects Data From Archivists, Diviner Formulates Answer, Diviner Proposes Block, Diviner Returns Result to Query Initiator, XYO Network Components Get Rewarded for Their Work.

The best word to describe XYO Network is a decentralized tracking device.
Isn't it amazing? A tracking device using the blockchain security, smart contracts and decentralized ledgers.
All the calculations for the Origin Chain Score, the Proof of origin and on how sentinels generate locations and how diviners gives the exact location can be found on the Glossary of their Whitepaper.
To know more of the XYO Network, you could visit them on these links below
Website
https://www.xyo.network/
Bitcointalk ANN
https://bitcointalk.org/index.php?topic=3040825.0
Twitter
https://twitter.com/XYOracleNetwork
Facebook
https://www.facebook.com/xyonetwork
Telegram
https://t.me/xyonetwork
Blog
https://medium.com/@XYOracleNetwork
CREATOR
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880

DataBroker DAO - Not Sensored Data

DataBroker DAO - Not Sensored Data

Here I will tell you a brief summary about DataBroker DAO.
On how you could understand the project and helps you decide whether if this is a good investment or not.
So, here's the breakdown.

Databroker DAO - A Decentralized Sensor Data Marketplace
a peer to peer marketplace created to provide IoT sensor owners with a clear path to data monetization and data consumers with a decentralized market to buy IoT sensor data.

Data from the Internet of Things

- Consumers, researchers, companies are all buying increasingly more IoT sensors to capture data
    - Can be used to improve processes or provide more services
    - Global IoT market over $600B per year (Verizon)

- Most of the time, data is used by sensor owner or re-sold
    - Either way, it remains very siloed
    - More value can be extracted from the date for sure
- Hard Problem : How to fee that data from it's silos?


Databroker DAO solution

- Create a secondary market for sensor data
   - "eBay or Amazon for IoT sensor data"
   - Powered by Ethereum Smart Contracts
- Gateway operators set up to accept sensor data and route it to buyers
   - Run Ethereum node + Databroker DAO distributed API
   - Will be set up around the world - global marketplace
- Use DTX toke (ERC20) for access, incventives, purchases, and platform fees
- Why Blockchain?
   - Micropayments for large, global, trustless ecosystem


Platform core Components

- Registry of sensors and date streams
   - Sellers "stake" tokens to list on reistry
   - If bad data, they can be "challenged" by buyers and lose their stakes
- Identity management via smart contracts
    - Sellers own their data while operators or large scale buyers while end-user existing interfaces
- Data distribution/Storage
   - dAPI connected to leading IoT/Big Data storage vendors, also anchor batches of data on blockchain


Beta Platform
They also have their Beta Platform
Here's the link : https://beta.databrokerdao.com/account

Major Participants

- Sensor owners
   - Bought IoT sensors and have a lot of data to potentially sell
- Data Buyers
   - Purchase the data to use it (e.g. Improve their machine learning models)
- Data processors
   - Buy the data to enchance and re-sell it or handle it for their clients
   - Use this additional data to aument data from other sources
   - Can offer improved services to their clients
- Gateway Operators
   -Open up their network for data to be sold on platform


Value proposition & incentives

- Sensor owners
   - Menetize their investments (pays for itself)
   - Gets 80% of amount of each sale
- Data Buyers
   - Access to date previously unavailable to them
   - Don't have to spend money buying their own sensors
- Gateway Operators
   - Instant more adoption and usage of their Networks/Devices
   - Also gets 10% of each sale
- The platform ( DAO )
   - Gets 10% of each sale to cover operating costs

Who will have the data to sell?

Who will buy the data?

- Academic Researchers
   - Research projects need a lot of data to build models or draw conclusions
- Government Agencies
   - Glean insights from data for potential policy initiatives
- Energy Corporations
   - Inform business decisions like where to start solar farm
- Entrepreneurs
   - Build apps on top of data
- And more!


Databroker DAO Alliance

Roadmap

And that was all for DatabrokerDAO, I hope this could help you on your future decisions regarding the project
(Disclaimer : This is not an investment advice, the content is solely the perception of the author)

For more information about the project, you can visit these links below

Website
https://databrokerdao.com/

Ann Thread
https://bitcointalk.org/index.php?topic=2113309.0

Whitepaper
https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf

Twitter
https://twitter.com/databrokerdao

Facebook
https://www.facebook.com/DataBrokerDAO/

Telegram
https://t.me/databrokerdao

Reddit
https://www.reddit.com/r/DatabrokerDAO/




CREATOR
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880
ETH Address
0xc1CF7Ca561ac80e66cDA5FD113090eC837465b37

TrueGame - Blockchain Casino

TrueGame - Blockchain Casino

Online Casino’s are getting popular and the demand for this kind of platform is undeniably increasing and the money getting involved is up to 40Billion USD.

Playing in these platforms always put an impression on my mind that I would lose, the bias system is too obvious that only big guns could win games but the thing is we can’t be sure about that because the developers is too secretive, they even didn’t introduce themselves on public. Then Blockchain came along and I think this innovation is the real fit for Blockchain technology to be applied.

Inroducing Truegame, a Blockchain based online game room for Lotteries and iGaming.

In this article I would tell you the key points of TrueGame, that would prove that this might be a good project to invest on.

(Disclaimer : This is not an investment advice, the opinion was solely the perception of the author)

So What is TrueGame?

Basically, it’s an Online Gambling platform that would use blockchain to apply transparency, faster and immutable transactions and security. New and the best way on how Online Gambling/Gaming should be vs. old, sloppy, unfair Gambling platforms.

There are current problems that Online Gambling/Gaming industry is facing and Truegame has the solution.

Problem: The Transparency

Lotteries as an example, aren’t transparent as it could be. I mean, the developers didn’t show the players on how a draw is being done and you’d be surprised if somebody would win about 1Million USD just like that. (You don’t screw me)

Solution: The Blockchain and Smart Contract

Using the Blockchain along with ethereum smart contract, it is immutable to change the generation of random number (Smart Contract – Like contracts but written on the Blockchain and is transparent to everybody. Some contracts are published on GitHub including TrueGame’s smart contract). Everybody could check what is happening and nobody could intervene in this process.

Problem: Rewards

Lotteries as an example, if you win a certain draw on the lottery, when would I get the reward? How much fees do I need to pay? How much could I approximately get as a reward?

(Too many questions that you wish you didnt win because winning in normal gaming platform is a headache)

Solution: The Blockchain and Smart Contract

Before every draw, Blockchain would act as an escrow for the rewards. After every draw, the rewards would be automatically sent to the winner, might be deducted for the fee but that would be disclosed on the smart contract so the player could expect a fixed amount of winnings.

Problem: Security

On old Gambling Platforms, every security breach on the side of the developers could result in a massive manipulation for the future draw and reward system (Jackpot)

Solution: Truegame is a (DAPP) Decentralized Application

If the website is compromised, the hacker will not be able to influence the process of the draws or gain access to the Jackpot. The site is only an interface of the infrastructure that TrueGame created in the environment of Blockchain. Drawings, distribution and storage of the Jackpot are managed by a smart contract that is executed in a decentralized environment.

TrueGame is already an up and running platform and is successful.

Games that are running in the TrueGame Platform are

SCRATCHCARDS

It’s like scratching the card and finding a tic-tac-toe arrangement of the reward.

1st Crypto Scratch-off, Crypto Space Battle, Good Luck Meme, Old School Scratch-off, Code me Scratch-off, Crypto Legends

LOTTERIES

The crowd favorite, Lottery.

Who is not familiar with Lotto?

It’s a random withdraw of draw balls that if your Numbers (the one you bet) are exactly the numbers withdrawn, you’ll win. I don’t know if it needs to be exact on arrangement (would vary on the TrueGame Platform)

Though TrueGame is an undeniably great platform, what benefit it possess to attract investors?

EDGE

• -         TrueGame is the one and only Online Gaming Platform to develop and apply a working product (the games)and  took care of gambling license, and prepared a marketing strategy to attract future and current players.
• -             Sealed the private sale hardcap on the first day.
• -          Completely ready team and well planned roadmap
• -          Maximize the use of smart contract that it has a team focused on doing so
• -          Also planning and prepared for the migration for it’s own blockchain system to ensure the fast transactions
• -          First project to accept fiat
• -          Equal chances for each players
• -          IN GAME : Low transaction cost
• -          IN GAME : The absence of a minimum deposit amount for depositing via cryptocurrency
• -          IN GAME : Instant winnings payments
• -          IN GAME : Clear chances of winning
• -          The results of the games, as well as the process of the games can be fully monitored where it is technically possible (for example, in case of lotteries) and one can see the fairness of the games.
• And many more

The Team

Conclusion

I see the project really applicable and fit for the blockchain and so far researching about the project, I see no flaws. The team is great for they have expertise on Online gaming, Marketing, Blockchain, Entrepreneurship and many more. With the combination of a good project and aggressive expert team, I could easily say that this is indeed the best project to invest in 2018.

For more information about the project, you can visit these links below

Website

https://ico.truegame.io/

Ann Thread

https://bitcointalk.org/index.php?topic=2947906

Whitepaper

https://ico.truegame.io/docs/whitepaper_en.pdf

Telegram

https://t.me/truegame_chat

 

CREATOR
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880

ETH Address
0xc1CF7Ca561ac80e66cDA5FD113090eC837465b37

DataBroker DAO - Data Marketplace

DataBroker DAO - Data Marketplace

At the moment, Im having a problem looking for most qualified ICO's that would use the blockchain's ability really well. I doubt every project because they are crowdfunding using the blockchain but the business itself is unrealateable to it.
Presenting "DataBroker DAO - Data Marketplace"
What this project/platform would basically do is to be a marketplace for sensored data, from the sellers like Information and Entertainment, Banking and Securities and many more and the buyers? That would be Environmental agencies, Energy corporations, and the people who are interested about innovation but needs more information reagrding the subject, DataBroker DAO has a solution.
Join me as I dig the project.

WHAT IS DataBroker DAO?

a peer to peer marketplace created to provide IoT sensor owners with a clear path to data monetization and data consumers with a decentralized market to buy IoT sensor data. (Whitepaper)

"The intersection of IoT and blockchain is enormously promising.
For sensor- owning organizations, the ability to use an immutable ledger to store data, ensure its integrity, and provide a clear path to data monetization, is a stellar example of the promise of blockchain. The value of the IoT sensor market is greater than USD 600 billion per year, and is expected to double in the next three years, simply for primary usage of the data by the sensor owner! The magnitude and potential value of a marketplace for data-hungry third parties is staggering. I believe that what online retailers like Overstock.com have done for making physical goods accessible online, DataBroker DAO will do for sensor data.”

PATRICK BYRNE
CEO and Founder of Overstock.com

I see DataBroker DAO a huge help for the world as it would be a new type of marketplace for sensor data's that are usually on primary silos in which it is locked today.
Just think of eBay or Amazon but for Censored Data's.

Breakdown on how DataBrokerDao's operation

WHY USE BLOCKCHAIN?

Blockchain - is an open innovation without permission. Blockchain would change the world because everybody can create their invention on a public ledger transparent to everyone.
From a marketplace perspective using the public Ethereum chain enables the use of a fully built out financial ecosystem, with minimum of fees. Traditional fiat payment processors charge between 1 and 3% for money in and money out, while a purchase using the utility token costs around 0.003 USD7 in fees for purchases of any size.

Taking over IOTA?

 

WHO WILL SELL DATA?

There are a number of data sellers identified and the overview of the sector salready investing in sensors from Gartner highlights the key potential sellers of data for the years to come. The diagram below identifies the 2 groups (business, consumer) and the sub- groups that constitute each. It is clear that the business group is the main driving force in sensor deployment globally.

WHO WILL BUY DATA?

Aside from the data processors in the ecosystem, any company
looking to commercialise a product that is data driven is provided with
the opportunity to develop the product without having to invest in the
hardware. The potential buyers are extremely broad.

 

SUMMARY

The stakeholders in the IoT space have a lot to gain:

• Sensor owners can monetize their data and turn a sunk cost into a potential money maker and at least the opportunity to recoup some of their investments in IoT sensors.
• Network operators acting as gateway operators gain scale and speed in the adoption of their network as connected telcos can present a win-back to their enterprise accounts, a clear USP.
• Sensor manufacturers acting as gateway operators can stop the “race to the bottom” for production and pull resources and capital out of manufacturing and allocate these to more successful SaaS offerings.
• New types of buyers have unprecedented access to data and options to monetize their own data, in this category we see the entire booming and vibrant startup scene.
• Data processors have an ecosystem to sell their services to the right people.

DataBroker DAO has already it's alliance to help facilitate this collaborative ecosystem.

PARTNERS

They also have an alliance on Panasonic, Option, Technilog, Settlemint (the founders of DataBroker DAO own this platform) and many more.

CONCLUSION

They have a clear Roadmap, well experienced team on the blockchain and IT, and I think their project is what we need. Oh! they also have beta platform so you can check and it's live @ https://beta.databrokerdao.com/

For more information about the project, you can visit these links below

Website

https://databrokerdao.com/

Ann Thread

https://bitcointalk.org/index.php?topic=2113309.0

Whitepaper

https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf

Twitter

https://twitter.com/databrokerdao

Facebook

https://www.facebook.com/DataBrokerDAO/

Telegram

https://t.me/databrokerdao

Reddit

https://www.reddit.com/r/DatabrokerDAO/

 

CREATOR
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880

ETH Address
0xc1CF7Ca561ac80e66cDA5FD113090eC837465b37