Fully Decentralized Network with Arie Trouw

In this episode of The DIVI Crypto Podcast we are talking with Arie Trouw, CEO of XY Labs and Co-Founder of XYO. XYO is a technology rule made to improve the validity, certainty, and value of data. XYO is creating a data marketplace to provide users a gold-standard for any apps, websites, and blockchain technologies relying on trusted data. XYO is to be the world's first Reality Oracle, serving as a bridge between our physical world and blockchain data. XYO will ensure people’s data they create, improving certainty, as well as trust for the data. Sentinels, Bridges, Archivists, and Diviners are the components of the XYO Network. They allow for a fully decentralized network that combines cryptographic security and real-world data. Sentinels serve as the eyes and ears of the XYO Network. When Sentinels are near other sentinels, they broadcast that they are near each other, with this interaction as proof of the sentinel's location, referred to as a bound witness. Bridge nodes looks for sentinel interactions, which it then signs off on it, sending it to the archivist, continuing the proof of origin chain. All interactions are stored on archivists. An archivist then provide data to a Diviner, allowing it to successfully complete a query. Archivists can either cover a small, private collection of Sentinel data, or all bound witness interactions for all the network. Archivists can be distributed or decentralized based on implementation and stored data needs. Lastly, a Diviner answers questions using bound witness data. The question that relates to location, like “Did this activity occur at this location?” The Diviner asks the Archivist or a Bridge for the data required for an answer. Proof of Origin verifies that ledgers containing location data flowing into the XYO Network are valid. The flaw of a unique ID is that it can be spoofed, while private key signing isn’t practical as most of the XYO Network are difficult or impossible to physically secure, meaning bad actors can steal the private keys. XYO uses Transient Key Chaining. It’s impossible to falsify the chain of origin for data. This key chaining comes from the Bridge to the Archivist and then to the Diviner. XYO proposes a trustless, cryptographic location network with a formulation that uses on chain of zero-knowledge proofs in order to establish a high degree of data certainty on location information. The XY oracle network enables layered, location verification across many device classes and protocols. Company Site: https://xyo.network/ Facebook: https://business.facebook.com/OfficialXYO/ Twitter: https://twitter.com/OfficialXYO Instagram: https://www.instagram.com/officialxyo/ Telegram: https://t.me/xyonetwork Reddit: https://www.reddit.com/r/XYONetwork/ YouTube: https://www.youtube.com/channel/UCyZDqb9pgntVHJVt1pxXtsw LinkedIn: https://www.linkedin.com/company/officialxyo/ Discord: https://discord.com/channels/935586624392298547/935586625101103227 -- DIVI is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the DIVI Project blockchain serves as the core of the DIVI network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the DIVI team is able to create solutions to the industry's biggest problem: adoption by non-technical users. DIVI's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.