Self-driving vehicles, package-delivering drones and smart cities. All of these will not be possible unless we solve the biggest shortcoming of location data today: trust.
The technologies of tomorrow will require location data you will trust with your life. Yet how can we have this level of trust in location data? Not through large companies or governments, that's for sure. They get hacked daily. Rather, the answer comes from securing it through mathematical principles of cryptography.
Meet the XYO Network ('XYO'). We're building the world's first people-powered location network built on blockchain technology. The technology we're building today will power the world of tomorrow. And the gas used to power it is the cryptocurrency called 'XYO'.
Bitcoin and blockchain technologies have been limited to the internet. Every single new blockchain technology, cryptocurrency, or new 'token', which are all economic tools used to align the underlying platform's economy, have focused on online applications, and not offline ones.
Yet the offline, real world market is still the biggest. It’s worth over $11 trillion a year. Since 2012, we've been developing location-based technologies aimed at connecting the digital world to the real world.