Machine Xchange Coin(MXC) aims to establish a systematic process to both simplify and increase IoT data transactions utilizing the Low Power Broad Area Network (LPWAN) network so that people can take part of the shared financial system
Using the idea of Low Power Extensive 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 allow for elevated data transactions and a novel data circulate monetization within immediately’s data market.
What is LPWAN?
Because the name implies, Low-Power Huge-Space Networks (LPWANs) permit for low energy consumption over a wide space, akan extended range. In other words, LPWAN helps units operates on small, inexpensive batteries for years and has an prolonged operating range of 5–fortykms.
With the help of LPWAN technology, sensor and devices can send data over miles of range at lowers prices and can last for years on an AA battery instead of weeks or months.
Street lights, garbage sensors send a lot of 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 auction, the highest bid takes the link resource.
Inter-Chain data market
Platforms like Ethereum, Rootstock is quite data hungry, they want Oracles to feed to smart contracts. Data market is a protocol for various 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, allowing 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 mostly world economy.” Thought the MXC token, the MXProtocol provides network contributors incentives to use, deploy and trade their network elements, giving individuals the prospect to profit from their locations by sensor/machine 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 Value: 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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