SAN DIEGO--(BUSINESS WIRE)--JR Hildebrand, hailed as one of the most talented and technically savvy American drivers in open-wheel racing, has joined the athletes representing XYO Network as a brand ambassador as he prepares for the 102nd running of the Indianapolis 500 with the Dreyer & Reinbold Racing team.
Hildebrand’s aptitude and passion for technology perfectly aligns with XYO Network to bring its cryptocurrency platform to the masses. He skyrocketed up the open-wheel ladder after passing on an opportunity to attend the prestigious Massachusetts Institute of Technology. Hildebrand is an adjunct lecturer at Stanford University, working with The REVS Program on autonomous vehicle development.
The XYO Network aims to integrate crypto-location technology into self-driving vehicles like autos and drones, which is part of a greater vision for smart cities. Hildebrand is actively contributing to the field as a test-driver and advisor for tomorrow’s most interesting machines.
"I'm thrilled to be joining the XYO Network team, and excited to help people discover the many applications of blockchain in the real world. At a time when trust is becoming a more important value each day, we need novel technology solutions. By increasing accountability and protecting privacy, the XYO Network can enable advancements in data and technology in ways current systems can't. I can't wait to see where it goes from here," said Hildebrand
A leader in crypto-location technology
As all forms of commerce become more reliant on location data, smart cities and companies of the future will increase their dependence on that data exponentially. However, one of the biggest challenges is finding a more efficient and foolproof way to deliver trustworthy location data. XYO Network has focused efforts on making trustless location data possible through an ecosystem of crypto-location technologies and protocols.
Smart cities will rely on location data and platforms like XYO Network for everything from automated parking payments to traffic flow optimization, autonomous drone delivery, and airline luggage tracking. An eCommerce company could offer payment-upon-delivery services as it tracks the location of a package along every single step of fulfillment; from the warehouse shelf to the shipping courier, all the way into the consumer’s house and every location in between.
According to Markus Levin, XYO Network co-founder: “We are truly excited to announce JR Hildebrand as a brand ambassador. His experience as a champion race car driver and educator are a perfect match. JR’s experience and passions are part of the XYO Network vision.”
About JR Hildebrand
During his high octane career he captured the 2009 Firestone Indy Lights Championship, was 2011 Indy 500 Rookie of the Year finishing in second place, and stood on the podium twice in the 2017 IndyCar Championship. Hildebrand's extraordinary record makes him one to watch in the upcoming Indy 500. JR is currently engaged with MIT to explore the use of immersive technology in education.
About XYO Network
XYO Network built the world’s first decentralized location verification system with more than one million Bluetooth and GPS devices already around the world. After years of investment and breakthroughs in crypto-location technology, XYO is poised to help bring the promise and the benefits of blockchain technology to the real world on a massive and global scale in location-reliant trade markets that generate trillions in activity. For additional information, visit xyo.network.