MXC - CREATING A NEW FUTURE FOR IOT DATA MANAGEMENT

IOT and THE BLOCKCHAIN TECHNOLOGY are among the latest buzzwords. IOT connects devices to the internet, These new devices have created a high demand of data but it is limited to our current ways of offering internet data like low range and high power consumption etc.

It is evident from history that whenever two complementary technologies merge, new, dynamic products are formed. The greatest advantage provided by blockchain technology is security of data, which happens to be the most difficult challenge faced by IoT, A stand WIFI device can only provide internet within 100 meters and over latest 3G, 4G network consume high power thus reduce our battery performance.

To counter these issues we need a LPWAN network that will offer low power, high range and cost effective solution. Immutability, decentralization and transparent data-sharing are the most significant advantages of blockchain that are lacking in IoT, and BLOCKCHAIN IOT PLATFORM CALLED MXC wants to integrate these features for data security.

Leveraging the importance of the blockchain technology, User privacy can be maintained in cases where desired by grouping and classifying anonymous individuals. The smart IoT devices can use the data and information stored on blockchain efficiently for performing various tasks. Blockchain also can help in IoT data scaling as it struggles for growth.

The MXC vision is to introduce a systematic process to both simplify and increase IoT data transactions. The decentralized infrastructure upon which MXC’s system is based in the future of Low Power Wide Access Network (LPWAN) and the Machine eXchange Protocol (MXProtocol). Utilizing this solid device network foundation, MXC is introducing a unique coin offering, Machine eXchange Coin (MXC), which allows for increased data transactions and an idiosyncratic data flow monetization within the mammoth data market.

MXProtocol places a keen focus on reducing collision between networks, constructing an inter-chain data market, developing a market for network coverage and introducing an independent Quality of Services (QoS) framework for both data providers and receivers. Individual network users, corporations and enterprises can all participate in the construction of decentralized, ubiquitous and secure LPWAN. Simply by connecting “anything” to the network, adopters will be able to profit and trade MXC

MXC TOKEN SPECIFICATION.

· Ticker: MXC

· Token Type: ERC20

· Total Tokens: 2,664,965,800 MXC

. Total Sold: 1,065,986,320

· Percentage Sold: 40.00%

· Presale Price: 0.011 USD

· ICO token Price: 0.015 USD