Xyo

blockchain just entered the real world ethereum-based smart contracts give the ability to utilize the blockchain and cryptoeconomic principles across countless industries and implementations. however, we currently don’t have a decentralized and authoritative oracle to determine and verify location. the xyo network solves this problem by creating a layered location verification service that is effective across many device classes and smart contract protocols. it’s based on a set of novel cryptographic mechanisms, proof of origin and bound witnesses, which tie together the power of the blockchain and real-world data collection into a system with direct applications today. 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 mar