There are thousands of projects conducting their ICOs at this moment, and it is becoming difficult to filter them and find the ones with a real-life value. In the end, all of us are investing in ICOs to make money, and for this to happen the project we invested in has to create something valuable for someone. Everything else becomes irrelevant if there is no final product that people want to buy. You can have the best team with Nikola Tesla as founder and Vitalik in the advisory board, modern website and revolutionary technology, but without business use cases for your product, you have nothing. The project that impressed me the most with a number of business areas that can use it and get great value by doing so is XY Oracle Network.
If this is a first time you hear about XYO project than it is perfect time to change that because their ICO is starting in 7 days. You can start by visiting XYO WEBSITE. It is one of the most informative websites I had a chance to visit in the crypto world. For all additional questions about XYO, you can join more than 5000 of XYO TELEGRAM members and got your answers directly from the team members or AmaZix managers. Before doing that allow me to inform you about major areas of business that this great project will cover (For more details visit provided links).
- Data is telling us that eCommerce business is growing rapidly in last decade and it is excepted for this to continue it the years to come. One of the biggest problems for this industry is in stolen, damaged and missing packages. Big companies like Amazon and UPS are waiting for a solution to this problem, and XYO is providing a perfect one. A secure and transparent way for tracking every step of any shipment with XYO revolutionary technology.
- The worst-case scenario in medical business would be the death of the patient, especially if the human medical error caused that death. Studies tell us that medical errors are one of the leading causes of death in the world. The reasons for this are many, from improper medical records and unnecessary surgeries to adverse drug interactions and so on. XYO project can, and hopefully will change this on better and reduce the number of medical errors and fatal chases.
- XYO is already active in this field by providing its services for one of largest US rental agencies. Even it may seem like a minor problem Rental Car Agencies are losing millions of USD per year from the customers not returning or losing their car keys. Implementation of XYO technology can minimize the number of these cases and save millions of USD at the same time.
- One of the worst things that can happen to anyone traveling on their vacation is losing their luggage by the airline company. For airline companies, this is one of the biggest logistic problems costing them billions of UDS every year. By implementing XYO technology, airlines will be able to track every single piece of language anywhere in the world and not compromising privacy or security by doing this.
- This is one more area of business in which XYO is already active by providing independently verifiable location history for high-value products of insurance companies. Thanks to the implementation of XYO a big number of false claims and frauds is stopped, and many thefts of vehicles and other mobile objects are solved.
- According to some studies, drone delivery will become usual way of delivering goods for many industries. There are still many open problems that need to be solved before this business goes in the mainstream, but with XYO, technology for most of them is already available and ready to be used.
XYO has contracts with some of the high profile government security agencies, and this is just proving size and importance of this project. Blockchain-based XYO technology is used for control of firearms in major transportation hubs in the US. By using XYO services, agencies have reached a higher security level and made a great saving in their budget.
There are many more use cases for XYO technology to be implemented in at this moment, and their number will grow in the future. Without any doubt, we can expect that companies will use XYO to lower costs of their business and make it more efficient. In my opinion, this project presents a great mid-long-term investment opportunity for all ICO investors. As always I encourage you to do your due diligence before investing.
