The XYO Network – The proof of location protocol that connects the blockchain to the real world
With over 1 million location-verifying beacons already built, and hundreds of thousands ready to be enabled, blockchain’s first crypto-location oracle network has arrived. Our mission is to enable smart contracts to interact with the real world as if it were an API. Join us in decentralizing location-reliant trade markets.
SMART CONTRACTS CAN NOW INTERACT WITH THE REAL WORLD AS IF IT WERE AN API
Location data is used every day across the world. Societies and economies are becoming increasingly reliant on the certainty and security of location heuristics. Self-driving vehicles, package-delivering drones and smart cities will likely call for an increased reliance upon trustless location data. The adoption of the technologies of tomorrow centers on their ability to trust location heuristics they receive from an off-chain resource.
We believe the current location technologies lack the necessary certainty and security properties necessary to move us into the future. We have developed an ecosystem of crypto-location protocols and components, which leverage the strengths of blockchain technologies, and solve the short-comings of location technologies relied upon today. Our project is called the “XY Oracle Network” (XYO Network). The XYO Network enables trustless transactions through an ecosystem of crypto-location components that can bridge the gap from the world of today, to the world of tomorrow.
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