Our business spans two primary verticals:Ĭurrently, we do not believe we have any direct competitors in the CoT industry. Users can all also ring the device from the phone App, which assists the user in finding the lost item. The App then allows the user to see the last known location on a digital map (Mapbox on Android and Apple Maps on iOS), and to view the distance of the item if it is in broadcast Then associates that beacon using the applicable prompts on the App. To use an XY4+ beacon, the user attaches the device to an item he or she wants to make ∿indable by fastening the XY4+ beacon using a key ring and Additional features also include alerts to notify users when such items have been inadvertently left behind. Location of their personal items such as keys, backpacks and pets. We provide a downloadable application (∺pp) operated on iOS and Android that allows users to manage their XY4+ Bluetooth beacons and track the Improvements include a multi-function button, a ring your phone from device feature, the ability to initiate IFTTT (if this, then that) or other automation functions, and an accelerometer used for battery optimization. XY4+ offers several improvements from our previous XY3 Bluetooth beacon, including enhanced range, volume, and battery life. The Geomining Kits are sold exclusively through the Companys website.īeacons on our website (available at as well as through third party distributors. The Bridge component allows participants to share those collected and verified locations to the XYO Network, so they can be stored later for network queries. The XYO Sentinels are XY4+ Beacons with dedicated firmware that allow XYO Network participants to collect and create location data that is related to the XYO Geomining Kits come with XYO Sentinels and a Bridge component. We introduced the XYO Geomining Kit in theįourth quarter of 2018. Serve not only end-user consumers, but also enterprises, technology companies, the space exploration industry, government organizations, and more. Ultimately, we hope to cultivate a new technology ecosystem around Geodapps that We refer to this new category of applications as geospatial decentralized applications or Geodapps. The XYO Network is intended to be compatible with other business technologies and support a new generation of applications that areĭecentralized, autonomous and deterministic. We call this ecosystem of protocols and components the XY Oracle Network, or XYO Using our existing location technologies, we intend to create a location data verification network that incorporates cryptographic protocols and blockchain technology. An oracle refers to a source of data that is accessed by a decentralized network of computers and recorded on an immutable chain of cryptographically-secured blocks of software hashes. Protocols, there exists a term called an oracle. In the field of cryptography and consensus Premise that the future of technology will rely heavily on autonomous machines and devices, thereby creating a demand for innovative products and technologies that improve our ability to trust machines. We intend to spend most of our efforts and resources to further this initiative, as we envision the XYO Network to be a primary source of future revenue for the Company. Network), which utilizes our existing XY hardware devices. In December 2017, we commenced development of our blockchain technology platform, the XY Oracle Network (XYO Unless the context requires otherwise, references in this Annual Report to we, us, our and the ∼ompany refer Combining these two technologies unlocks a new field we call the ∼ryptonetwork of Things (∼oT). With our cryptographic location technology. We intend to take IoT one step further by combining IoT products One of the fastest growing industries today is called the Internet of Things (IoT). Life to help them locate, track and be notified of the location of their belongings. Our business has primarily been focused on creating products for consumers to use in their everyday ![]() To a Delaware corporation named XY The Findables Company, and on November 9, 2018, we changed our name to XY - The Persistent Company. Originally, we were organized as a limited liability company named Ength Degree LLC under the laws of the State of Delaware.
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