Almost everything around us as humans revolves around data. Data is an integral part of human existence and as such forms the basis upon which things are done. Data exchange since the advent of the internet has been made easier. The internet of things is an aspect of the internet revolution gaining more ground and it's seen as the future of how devices will connect and interact beyond average human thinking. We are moving towards the era of technological advancement where unimaginable objects or devices will be able to communicate with the aid of the internet thereby making life more simpler, easier and meaningful.
With the Internet of Things, available data about devices around us will allow us to make more informed decisions. When we talk about the Internet of Things, we simply refer to the network of physical devices, our home appliances, vehicles, and some other devices which have electronic chips, actuators, sensors embedded that allow for connectivity between these devices in order to collect and exchange data without hindrance. The evolution of the Internet of Things is giving rise to internet connectivity of things that were previously or could be referred to as not internet enabled being connected and interacting and can also be controlled remotely. We already have driverless cars taking the lead where such cars are remotely controlled. The IoT is providing a more controlled system with less burden on human physical intervention. From statistics, it's shown that the number of devices that will get connected with the increasing population side by side will be mindboggling and as such the future is really here speaking about IoT and increment will lead to network getting congested. IoT will provide the basis for heavy data and internet connectivity for free flow high-speed data exchange between devices. The present wifi/3g/4g network is already getting overwhelmed and getting to its breaking point which means the data generated has gone grown astronomically beyond its handling capability. IoT has its applicability in different fields such as home care, elderly care, health, transportation and so on. To get this done in a perfect way, Machine Exchange Coin notably referred to as MXC is on the ground to keep the ball rolling.
What is Machine exchange Protocol $ Its Funtionality
This is the decentralized platform leveraging on the blockchain technology to provide an ecosystem where data can be accessed unhindered and in a secured way. The data exchange is between Internet-connected devices on the MXC platform. MXC's goal is to make all sorts of data available and accessible to whosoever that needs it. It's like a one-stop shop for data and as such you need not look for data somewhere else. MXC knows how important data is and as such it is providing that platform where it can be obtained thus driving the IoT world in an organized way. By this provision of data by MXC, different blockchains will have to purchase data from MXC with their own native tokens.
With this below illustration, it's quite clear why you should pitch your tent with MXC with overwhelming advantages
The LPWAN (Low Power Wide Area Network) Technology Adopted By MXC
Machine eXchange Coin thought it wise to adopt a technology referred to as Low Power Wide Access Network to provide an affordable/low-cost data service that will consume lesser power but cover a wider range of distance. The data service provided is of high quality and it's available through MXC algorithm. MXC's adoption of this technology enables data recipient to receive the same data sent without delay and data integrity is guaranteed.
Machine eXchange Coin (MXC)
This is the engine room of the MXC ecosystem and it will serve as payment for all transactions within the platform. It's a utility token built on ERC20 compliant standard and popularly referred to as MXC token.
Token symbol: MXC
Hard cap: $24,000,000
Total Tokens: $2,664,965,800
Total sold: 1,065,986,320
Presale price: 0.011 USD
ICO Token price: 0.015 USD
Token type: ERC20
Conclusion
The data market is a huge one with staggering billions of USD and it's influential in all we do. MXC providing the platform for its access is bringing value to the data market. Data seekers will heave a sigh of relief and life will become more meaningful and easier to all. Comprehensive data accessibility is here and the future is here before us as provided by MXC to change how devices and things around us exchange information over a long range of distance and at low cost and power. For instance, avoiding traffic gridlock can simply be through available data by MXC and leveraging on the blockchain technology to receive traffic data from sensors programmed for such purposes. Life will be more comfortable and things will be done at our convenience having needed data handy through MXC. Let's explore more grounds together by making the unthinkable connect with other devices through the assistance of the internet. Data exchange will be seamless because there will be access to extensive data already published and ready to be traded on the MXC marketplace and data privacy is guaranteed.
MXC website: http://bit.ly/2yBFkXl
Announcement channel: https://t.me/mxcofficialannouncements
Twitter: https://twitter.com/MXCfoundation
MXC Telegram group: http://bit.ly/2OfJyZI
MXC Economic whitepaper: https://www.mxc.org/hubfs/WP/MXC_economic_whitepaper.pdf?t=1540916704595
MXC Technical whitepaper: https://www.mxc.org/hubfs/WP/MXC_technical_whitepaper.pdf?t=1540916704595
Medium: https://medium.com/mxcoin
Writer: festdfirst
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