CIO Influence
CIO Influence News Cloud

XYO Network Levels Up with Launch of 2.0 Version

XYO Network Levels Up with Launch of 2.0 Version
XYO 2.0 to Empower Developers of All Experience Levels to Integrate with Network

XYO, a blockchain project creating location-data software and devices to empower users to participate in the worldwide digital economy, is pleased to unveil the next generation of its technology, XYO Network 2.0. Designed to embrace evolving blockchain paradigms and based on the company’s own experience and extensive research, XYO 2.0 aims to evolve XYO into a more dynamic platform, enabling a simplified, seamless experience for projects built in the network.

Top iTechnology 5G Technology News: Mavenir and Qualcomm Accelerate Next Generation 5G Infrastructure with Expanded Portfolio of Open RAN Solutions

This significant upgrade will combine the ease of Web2 with the security of decentralized cryptography. While many blockchain companies rely on purely decentralized technologies for their products, XYO 2.0 blends the ease of familiar data structures and development paradigms, like JSON, APIs, and SDKs, with the complexities of blockchain cryptography. With this launch, XYO aims to accelerate adoption of both its proprietary technology and blockchain overall.

XYO 2.0 will enable developers of all backgrounds and levels of experience to integrate XYO into their projects quickly and easily. Within minutes, developers are able to set up their own XYO cloud environments and start developing with XYO.

“We are delighted to launch the next generation of the XYO Network,” said Arie Trouw, co-founder of XYO. “This deployment is a huge step in the right direction for XYO adoption as developers of all experience levels are now invited to participate in the network. XYO 2.0 is crypto made simple.”

Top iTechnology IOT News: Advancing IoT Open Standards, EMQ Becomes OASIS Open’s Newest Foundational Sponsor

Key Benefits of XYO 2.0 Include:

  • An integration-first development approach, allowing members across teams to implement and benefit from XYO quickly
  • No requirements for cryptocurrency or blockchain knowledge, enabling users to interact with XYO on day one
  • Deployment of XYO technology across a wide range of industries, with numerous solutions and use cases

XYO 2.0 comes at a significant time for the company, following the recent announcement of a strategic $20 million co-investment with Outliers Fund to develop and accelerate projects building in XYO Network.

Top iTechnology Cloud News: Absolute Software Completes SOC 2 Type 1 Certification for NetMotion Platform

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

8×8 Launches New Channel Program for Microsoft Gold Partners

DoControl Integrates with Box to Transform SaaS Data Access Security

CED SOLUTIONS Now Offers IT Certification to Veterans Who Have a Service-connected Disability

PR Newswire

Leave a Comment