Blockchain News

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.

“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.”

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.

Latest Fintech News: PayGround Expands Into Digital Health Markets

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.”

Latest Fintech News: Troika Media Group Named Agency of Record for Real Estate Crypto Finance Innovator Balcony DAO

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.

Latest Fintech News: Hardbacon Launches New Cryptocurrency Tracking Features and Exchange Comparison Tool

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

Related posts

Union Home Mortgage Servicing Portfolio Surpasses $10 Billion in Responsible Lending

Fintech News Desk

MoCCAE Signs MOU For Blockchain-Based National Carbon Credit Scheme

Fintech Staff Writer

Equisoft Delivers Modern, Cloud-based PAS Solution for US insurer GCU

Fintech News Desk
1