October 20, 2019 - CryptoCraze Everyone would appreciate a genuine way to make nice investments without the frills associated with risks and rewards. However, that's hardly the case with cryptocurrency or digital currency, but the XYO presents another dimension to help you invest and earn when you geomine. The rewards are definitely worth it, along with easy means of earning cryptocurrency. What Is XYO? XYO represents a decentralized network of devices that collect and validate geospatial data anonymously. Any data with a geographic component can also be collected and validated by the XYO network. Also, it's one of the most interesting cryptocurrencies that offer its users many incentives.
With four working components including Sentinels that witness to geospatial data and authenticate heuristics, Bridges to transcribe and relay them from Sentinels to Diveners, the heuristic ledgers would certainly remain unadulterated.
Another component is the Archivist that stores heuristics in a decentralized format so all the historical ledgers are stored with the system still functioning even with a data loss. The last component is the Diviner, which doesn't just help to analyze historical data but also helps to bring some measure of validity and accuracy to heuristics. All these add up to make the XYO network a seamless tool for its users.
Why You Should Use XYO Coin So, now you know what the XYO coin is. The next question is, why should you use them?
Ease of Use
The XYO coin is easy to use, and users can earn digital assets like cryptocurrency when they download and install the XYO app and set up an account. If you have an Android device or iPhone, the app is available in their respective stores with this link. You'll have to use an unmined location in the real world and proceed to geomine with the app.
Users can geomine from any location across the globe. Geomining involves excavating digital items or assets from a genuine physical space. XYO is one of the front-runner apps with technology to transfer, store, and withdraw such assets. This means that whether you're in the office, at school, or home, you can collect digital assets and choose to keep them in the app or withdraw them to an external wallet for storage after reaching the minimum amount.
Apart from using the app to earn cryptocurrency with your geolocation, it's worth knowing that you can build and develop apps and software with current SDKs (Kotlin Core SDK, NodeJS Core SDK, and Swift Core SDK to mention some) and clients provided by the XYO network platform.
With it, you have a better chance of adding new features to your apps and also expand their capabilities.
Furthermore, in business, you want to stay ahead of the competition. Using XYO will give your app that edge it needs to take on all comers and help your users navigate your website, platform, or app with unique features.
To Wrap It Up XYO is the present and future of business, whether that's individually or corporate. With verified coordinates and data, you can execute smart contracts, enable quicker financial transactions, use location-based applications, and earn digital currency.