Today we talk with Markus Leven from the XYO Network. The XYO Network, The World’s First Location-based Decentralized Oracle. Since its founding in 2012, the company behind the XYO Network (XY OracleNetwork) has been steadily building a location network. The XYO Network makes it possible for smart contracts to plug into the real world by calling XY's network of devices to determine if an object is at a specific XY-coordinate at a given time. If the object’s location is confirmed, the smart contract is executed. The use-cases and profound impact of such a technology are infinite.
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.