A Geo Vision 360 degree camera uses a fisheye lens to capture panoramic video footage of an entire area in a single shot. It provides complete coverage of a monitored space and is well-suited for security applications. The camera connects to a network for remote viewing on computers and mobile devices. While offering benefits like high-quality video and additional features, Geo Vision 360 degree cameras also have limitations such as cost, complexity of use, and potential blind spots.