SAN DIEGO--(BUSINESS WIRE)--XYO Network, the technology bringing blockchain to the real world, today announced it has been named to the Freight.Tech 100 list by FreightWaves and FreightWaves Research Institute, the leading logistics news source in the world. Freight.Tech 100 was created to recognize the most innovative and disciplined companies in freight. Companies on the list encompass all aspects of transportation and prioritize innovation. From a list of more than five hundred companies, XYO Network earned a spot on this prestigious list among industry leaders including Amazon, FedEx and JB Hunt.
“We are very pleased with the diversity and caliber of companies under consideration this year, which range from seed stage to well-established public companies,” commented Arlen Stark, FreightWaves’ EVP of Research. “The Freight.Tech 100 represents the top innovative companies across a variety of technologies, and took into consideration a number of factors including the amount of capital raised, various rankings and recognition to date, and their current impact.”
The Freight.Tech 100 recognizes the most innovative and disruptive companies in freight. Nominations were sought, and a panel chosen by FreightWaves narrowed the list of more than 500 nominations to 100 companies. These leading 100 companies will be voted upon by top industry executives, academics and investors, to narrow the field toward the finalists.
“We are honored by our inclusion on the prestigious Freight.Tech 100 list,” commented Scott Scheper, co-founder of XYO Network. “Our aim is to bring location validation and cutting-edge blockchain technology to bear in many industries from the freight and logistics space, to retail, Government and real estate, to name a few. We’re pleased to be recognized for our innovative work and leadership, and look forward to creating even more positive impact in the industry.”
About XYO Network
XYO Network is an effort to create a vast, geospatial, blockchain-powered location network currently under development with the goal to provide accurate, certainty-driven location data on everything from cars to smartphones. By combining location beacons with IoT and mobile devices, the XYO Network ecosystem plans to deliver the verified coordinates and data needed to execute smart contracts, run smart cities, foster financial transactions, and power a legion of location-centric applications. For more information, please visit https://xyo.network.
