Press release

XYO Debuts Live Second-Gen Network, New Network App, Groundbreaking Visualization Tool and More

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Sponsored by Businesswire

XYO
(Kucoin: $XYO), the geospatial cryptonetwork, today announced the most
significant update to XYO and its open-source hardware and software
components since executing the world’s first public demonstration of
location-based smart contract execution at the Spatial Summit in
November, 2018. Updates being debuted include the XYO Network app for
Android and iOS, an updated XYO network protocol (2.0), a new
visualization tool, a new Developer Portal, and more. With these updates
and enhancements XYO further distinguishes its robust XYO network and
portfolio from competing point solutions and proprietary players in the
industry.

Key additions and enhancements being announced include:

XYO Network 2.0

The XYO team has made significant updates to all XYO network components,
or nodes. One key addition is the XYO Archivist SDK, now available here
for users interested in “spinning up” their own Archivist. Also notable
is the new Bluetooth-based Over The Air (OTA) firmware update for
Sentinels already in the market. Additional details are available on our
blog here.

New XYO Network App

Newly updated versions of the XYO Network app are now available for
Android and, shortly, for iOS. The XYO Network app is the flagship
utility allowing the user’s smartphone or tablet to become a Bridge or
Sentinel, and which will serve as a “remote control” for managing
network components and earned XYO. With the Network app, users are able
to:

  • Claim, organize, update and configure XYO-enabled Geomining hardware
  • Create and track “bound witness” and origin chain data
  • Connect with preferred Archivists
  • Track XYO Tokens collected by providing queried heuristic data
  • And many other features including access to the latest XYO news,
    resources and updates

Explore the Matrix

Also going live today, the Matrix is the visualization tool which most
users will use to interact with the XYO network as a whole. The Matrix
consists of the following components:

  • Dashboard – Where users will view
    important XYO statistics like a map of Bound Witness interactions
    (which include an absolute location component), a live count of the
    number of onboarded nodes, a list of recent requests, and a block
    explorer.
  • Map – Users can see where Bound Witness
    interactions have occurred, density of Sentinel and Bridge deployment,
    and even monitor the history of Bound Witness interactions for a
    specific Sentinel or Bridge, including data from users of the popular COIN
    app
    .
  • Node Explorer – This allows users to
    examine any specific XYO node in the network. When staking is live,
    this is where users can add stake to specific nodes.
  • Requests Portal – Here, users can pay XYO
    to make requests of the network. For this initial release, users will
    be able to learn whether or not two XYO nodes have interacted.

Prior to Thursday, April 25, the Matrix will point to Kovan, an Ethereum
Testnet, which allows developers to experiment and explore with no-cost
transactions while giving the XYO dev team the chance to observe and
adapt to the way real-world users are interacting with the tool. On
April 25th, the Matrix will begin pointing to the main Ethereum network,
and Queries made using the Matrix will cost actual XYO. Similarly,
requests made directly through an Ethereum Diviner or smart contract
will cost actual XYO, and will result in actual XYO rewards to Sentinels
and Bridges.

Geomining Kit Bridge Update

To account for operating system changes announced by Google, and to
ensure that XYO can offer support and development resources for our
hardware Bridges moving forward, XYO is switching operating systems from
Android Things to Raspian. To update the operating system on a Bridge,
users can simply replace the SD card in the Bridge. XYO will send all
Geomining Kit owners instructions, then a new SD card with the updated
Linux operating system free of charge. Users simply unplug
the Bridge, and replace the old SD card with the new one. For I.T.-savvy
users, the Bridge operating system can be updated by re-imaging the SD
card. Future updates are expected to be installed via the Bridge’s
Internet connection.

XYO Developer Portal

We’ve made updates and additions to the XYO developer resource spanning
hardware and software products and network components. Specific
additions to the Portal include:

  • New reference docs for multiple SDKs
  • Many new “Getting Started” guides such as “Starting up your first
    Archivist,” “Using dApploy and dApper,” and a “Payable on Delivery
    Demo”

Arie Trouw, XYO CEO and Co-Founder, commented on the suite of new
products and updates: “This ‘Aristotle’ launch today represents our
biggest group of announcements to date, and taken together they are the
most significant and far reaching set of developments we’ve shared
publicly, as a company. With our network upgrades and new tools for
developers and technologists alike, this is a banner day for our global
community. We couldn’t be happier with what we’re finally able to
introduce at this important milestone along a very robust roadmap.”

The XYO Developer Portal is available at https://developers.xyo.network.
The
XYO Matrix is available for viewing at: https://matrix.xyo.network.
The
XYO Network app is available on Google
Play
and will be in the iOS App Store shortly.

About XYO

Since 2012, we’ve developed trusted IoT technology that connects the
digital world with the physical one. In 2018, we unveiled the XYO
Network, the world’s first geospatial blockchain network backed by
cryptography. With more than 1 million location-verifying beacons around
the planet, our technology rivals the GPS network, and radically
transforms the world’s leading industries. Partners include mapping
giant Esri, FedEx Research Institute, Re/Max Mexico and Spaceflight
Industries. XYO Advisors come from leading organizations including
National Geographic and the World Economic Forum. For more information,
visit us at www.xy.company and https://xyo.network.

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