XYO is a cryptocurrency that underpins the XYO Network, a decentralised ecosystem of devices that anonymously collects and validates geospatial data. Founded in 2018 by Arie Trouw and headquartered in San Diego, XYO tackles the challenge of accurate location verification without needing a centralised third party. This innovative system leverages a network of so-called 'Sentinels' and 'Bridges'—devices and applications that work collaboratively to gather and validate information. XYO tokens serve as the medium of exchange within this network, rewarding participants for their contributions. This blockchain-based platform aims to enhance efficiency and reliability in location-based services, making it valuable for industries ranging from ecommerce and supply chain management to autonomous vehicles and smart cities.