Market Overview

XYO Network to Deliver Location Data to CAS Smart City IoT Management Platforms Throughout China


Through the alliance, XYO will deliver blockchain-based global data
to CAS Smart City's integrated management platform for the Internet of
Things, which operates as the central command for some of China's most
cutting-edge smart cities.

XYO Network, blockchain's first cryptographic
location network
, will provide certainty driven location data to
China's automated, connected cities of the future through CAS Smart
City's big data management platform for the Internet of Things (IoT).
The partnership between XYO and CAS Smart City, which features top
talent from the Chinese Academy of Sciences, opens the door for a vast
number of location-centric smart city uses. This includes funneling
critical data from vehicles to CAS Smart City's existing infrastructure,
which not only includes a central command platform, but a light pole
that features IoT sensors, WiFi, navigation information, and more.

This press release features multimedia. View the full release here:

XYO Network partners with CAS Smart City to deliver trusted location data to IoT devices and smart c ...

XYO Network partners with CAS Smart City to deliver trusted location data to IoT devices and smart city command platforms in China smart cities. (Graphic: Business Wire)

"When we've envisioned smart cities, where everything is connected and
real-time information makes everything much more efficient, we've
realized that having blockchain-based location data that shows exactly
where items are located -- in real-time -- is critical," says Markus
Levin, XYO's Co-Founder. "CAS
Smart City
features some of the most profoundly forward-thinking
tech available via their IoT management platform, and we believe our
location data can deliver a missing ingredient that connects
neighborhoods, towns and municipalities all over the world."

XYO Network made waves earlier this year when the company held a
hackathon to specifically build traffic flow and parking applications
based on data provided by the city of San Diego. The theory was that if
each car featured a location
verification device
, there'd be a reduction in traffic, finding open
parking spots would be effortless, and drivers could pay parking meters
without ever interacting with them.

CAS Smart City, on the other hand, holds more than 40 core intellectual
property rights for a broad range of applications, including the
company's signature Smart IoT Light Pole, which serves as a mini weather
station, electric vehicle charger, navigation data node, and more. The
data collected from passing vehicles and other connected IoTs will be
used to ease traffic strain, organize people during emergencies, and
even automatically dim or brighten street lights whenever cars pass
beneath them.

For more information on the two companies, visit XYO
or CAS
Smart City

About XYO Network

The XYO Network is a people-powered location network built on blockchain
technology. The XYO Network powers everything from self-driving cars to
package-delivering drones, and more. Since 2012, the company has been
quietly building the network that will power the location of tomorrow.
With over 1 million of their devices currently worldwide, blockchain
applications can interact with the real world for the first time ever.
XYO is one of the hottest new cryptocurrency projects, selling over $15
Million so far in 2018 alone. XYO's supporters include Bitcoin
Foundation's Charlie Shrem, a NASCAR sponsorship and a featured story on
CNBC. In cryptocurrency, 2018 is becoming known as "The Year of XYO."

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