The XYO Network (XY Oracle Network) is an abstraction that allows layered, location verification throughout many machine courses and protocols. At its core sits a set of novel cryptographic mechanisms referred to as Proof of Origin & Bound Witness that tie collectively the ability of blockchain expertise and actual world information assortment right into a system with direct purposes as we speak.
The XYO Token (XYO) is a utility token that good contract builders can use to entry geo-location verification from the true world. In order to your good contract to entry the surface world, it should use the XYO Network, which
requires use of the XYO Token.