XYO Network is a decentralized technology ecosystem that focuses on bridging the gap between the physical and digital worlds using blockchain and geospatial technology. Founded in 2018, XYO utilizes a network of devices to collect and validate location data, aiming to create a more secure and transparent location infrastructure compared to traditional GPS systems. In late 2018, XYO Network signed an agreement with Spaceflight Industries to launch a satellite, EtherX, to enhance its mesh network and improve its cryptographically powered location network. XYO is considered a leading player in the DePIN (Decentralized Physical Infrastructure Networks) space, with its XYO token listed on major exchanges.
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