Our increasing dependency on machines and the obvious indispensability of the machines seems to be growing every day, the use of sensors as medium for controlling machine parts, building parts and so many other mechanical parts are on the increase, the increase can be described as that which is indeed phenomenal as it has facilitated the sourcing, collection as well as the transmission of big data for some time know, the use of artificial intelligence in various areas of mans existence has indeed simplified what use to be tedious task there by giving the basis for people to actually make better informed decisions. As at today decisions that have to do with the projecting of weather forecast, energy saving for households, choice of right music to play are all determined by artificial intelligence what this and many more implies is that a the future would be that in which machines would be interacting more with one another; however they has always been the need to have a very specified network that can concentrate solely on machines and machine data that will overtime support both businesses and individuals alike and this dream has indeed come true with the MXProtocol, it poses as the next generation of LPWAN (low power wide access network) that can offer a superior internet of things (IoT) data oriented platform and also a unique network that can very much allow for a very simplified and efficient way of creating a very secured and efficient solution for internet of things (IoT), the MXProtocol is unique with a range of components such as permission less blockchain, smart bidding, anti-collision coordinator and the inter-chain data market.
What is the LPWAN (low power wide Access Network)?
It operates within the MXProtocol by allowing for a range of communication at a very low bit rate amidst interconnected objects, the LPWAN market enjoys the privilege of very potent solutions namely the LoRa, the NB-loT and the LoRaWAN sensors. LoRa is defined by the LoRa Alliance and is duly supported by notables like Alibaba or IBM, Cisco etc. The NB-IoT is a very much specified by the 3GPP and is designed to specialize solely on indoor coverage. The MXProtocol is designed to fully support all LPWAN enabled technologies, LoRaWAN sensors, NB-IoT and the developed LoRaWAN Gateways. Data flow processes is made possible here when the sensor duly communicates bi-directionally with an already existing gateway, it then sends its data (information) to a gateway and then in turn receives income in return. The available gateways are made to connect to each other so as to form a mesh kind of network systems. The presence of the decentralized and the autonomous LPWAN that connects the all gateways can be developed on any blockchain permissionless system e.g. IOTA or stellar after this stage all accepted data is then sold to interested data consumers.
The concept of MXC can best be explained as follows
By operation with the MXprotocol the MXC can automate all (machine to machine) M2M transaction through connecting it with LPWAN channels (gateways) in a very decentralized network and it has a data market for most data providers (sensors) and consumers that is bound to operate an inter-chain, it gives manufacture the power and the monopoly to actually create their own independent network without it actually incurring any form of cost from network providers or telecommunication companies.
So far so good the MXCs enjoys the partnership of company like MatchX and has gone ahead to release a LPWAN enabled gateway called the Matchbox. This newly released gateway at the moment is said to have it presence in over 40 countries of the world and it is distributed through Asia, North America, Europe and then Australia. It also has in addition to it a first ever proof of concept (PoC) that has already been implemented fully with the stellar development foundation.
The MXC uses a token that is of hard cap 24 million dollars, token price of 1.5 cents, has over 60% of its token sold, offers 25% as private sale bonus and has its total token rated at 2,664,965,800 . the network upon which the MXC is built is very strong because it network participants have very strong incentive package that can motivate them to participate in the network, that will in turn aid the adoption of internet of things (IoT) and the blockchain, as it sensor hardware will be very much available as low as $10 so as to allow participant gain minimal income. The MatchX is a very strong partner that is has for some time now received different tranches of funds of about 2million dollars and has in turn developed the LPWAN channel (gateway) .
CONCLUSION
The MXC (machine exchange coin) can best be described as a data marketplace that specializes on IoT enabled things and they seemed to have been on this for quite a long time. The possibilities of earning passive incomes and the IPWAN operating as a very efficient technology is high and the investment made so far and the interest showed by many shows how much of international interest the project is garnering to itself, MXC innovation is all out to savour the menace of saturation beguiling the blockchain data marketplaces by rearranging and at the same time creating an avenue for the increment of IoT information exchanges.
To learn more about MXC , check out the links below:
MXC Website: http://bit.ly/2Q6uU8E
MXC Telegram Group: http://bit.ly/2ObDGk8
Author's Details
Email- [email protected]
ETH Address- 0x89A7172E9a3626C604C1F7435FC737CFFf9ea22F
Isn't the NB-IoT also designed for outdoor connectivity?