Machine Xchange Coin(MXC) aims to establish a systematic process to both simplify and enhance IoT data transactions utilizing the Low Power Huge Area Network (LPWAN) network so that people can take a part of the shared economic system
Using the idea of Low Power Large Access Network (LPWAN) and its machine network basis, the Machine eXchange Protocol (MXProtocol), as a basis for its system, MXC will introduce the Machine eXchange Coin (MXC), which will theoretically permit for increased data transactions and a singular data circulation monetization within as we speak’s data market.
What is LPWAN?
Because the name implies, Low-Power Vast-Space Networks (LPWANs) allow for low energy consumption over a wide space, aka long range. In other words, LPWAN helps units operates on small, inexpensive batteries for years and has an prolonged operating range of 5–40kms.
With the help of LPWAN technology, sensor and units can send data over miles of range at lowers prices and might last for years on an AA battery instead of weeks or months.
Street lights, garbage sensors send numerous packets in a day, which jams the free licensed bands. A door lock must be unlocked in few seconds, Smart Bidding solves the problem by doing the network resource public sale, the highest bid takes the link resource.
Inter-Chain data market
Platforms like Ethereum, Rootstock is quite data hungry, they need Oracles to feed to smart contracts. Data market is a protocol for different blockchains to purchase data from MXC using their own token.
Token Use case
The MXC token is a utility token, meant to be distributed amongst data owners, data receivers and data network hosts, permitting for a facilitated cross-over from a «commodity»-based mostly coin into an on a regular basis trading currency. The token is designed to «bridge current commodity-based mostly trading of cryptocurrency tokens and the cash-based international economy.» Thought the MXC token, the MXProtocol provides network members incentives to make use of, deploy and trade their network components, giving people the chance to profit from their areas through sensor/gadget data gathering.Roadmap
Token Type: ERC20
Total Tokens: 2,664,965,800 MXCHARD CAP:
Total Sold: 1,065,986,320
Percentage Sold: 40.00%
Presale Worth: 0.011 USD
ICO token Value: 0.015 USD
Sheen Xin Hu (CEO): Founder of Matchx, Hardware Engineer at Airfy.
Piotr Brzezinski: Hardware Engineer at Siemens, Hardware Engineer at Airfy.
Vlad Karl: Head of IT Operations at Carmudi.
Vadim Vygonets: Software Engineer at Mobisol, Developer at SoundCloud.
Aaron Wagener (Co-Founder)
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