For every smart investor in the crypto ecosystem, the viability of prospective investments is measured based on the usability of the tokens offered by the projects. In other words, a token with zero use case has no place in the hearts of investors.
If you’re one of such investors looking for a viable project/company to invest in, I bring to you MXC Foundation. This is the company backing the Machine Xchange Coin, MXC.
The use cases of MXC are deeply rooted in the technology of Internet of Things (IoT). The MXC Foundation has established a handful of partnerships with world class tech companies to bring the use cases of mxc to life.
Below are some of the companies being worked with and how MXC will generate lots of demand for use on the protocol.
Firstly, MXC is collaborating with Citisense to create garbage bins embedded with smart sensors to create a demand-based system of garbage collection in New York City.
These bins send alerts through the MXProtocol to waste management companies who in turn make use of the data received to deploy garbage trucks to areas with the highest alerts/alarms. This unique innovation paves way for seamless garbage collection in New York City.
In the same vein, as this new system of garbage collection largely depends on the efficiency of the MXProtocol , Individuals can invest in LPWAN (Low Power, Wide Area Network) Gateways around the city to provide access points for the MXProtocol to run and in turn earn MXC for the services provided.
Secondly, In South Korea, MXC is partnering with EnLink produce devices which are capable of capturing and transmitting environmental related data such as;
Air purity
Pests, and
Impending Earthquakes.
These devices when installed at specific locations generate and transmit data through the MXProtocol and can be listed on the MXC inter-chain data market. Such data can be purchased by developers, researchers and organizations who intend to make use of them in creating all kinds of solutions for the society.
Thirdly, In Shanghai, China, MXC is working with the government to install sensors all over the city to generate data of all kinds from the events and workings of the busy city. Hardware devices are being rolled out to meet the teeming demand for a new sustainable Data Highway. MXC is bringing decentralized LPWAN to Shanghai and her citizens can also benefit by installing personally registered LPWAN MXProtocol gateways.
The Smart City IoT Standard which uses the MXProtocol as its foundation is available for companies in the city to use in building their projects and to better communicate with other smart projects and also to solve scalability and data transmission issues. On the MXProtocol, smart projects can build together, share data and also monetize collected data without having to worry about security-related issues.
In conclusion, MXC has partnered with Advanced Semiconductor Engineering (ASE), a primary chip supplier to Apple and other major companies to bring an AI Blockchain enabled microchips (LPWAN chips) to the global market. This new microchip will allow devices to locally analyze audio-visual data and utilize LoRaWAN with the MXProtocol to transmit relevant data covering a distance of 40km. This is something WiFi and LTE Networks have not been able to achieve for so long!
This new technology (LPWAN chips) will pave way for the production of new generation smart devices (mobile phones and laptops) which will allow users to collect, analyze, transmit and monetize data on a very large scale.
To DYOR about $MXC, visit the links below:
https://www.mxc.org
https://www.twitter.com/MXCfoundation
https://t.me/mxcfoundation
https://mxc.news/mxcdiscord
https://www.reddit.com/r/MXCFoundation/
NB: The images used in this article are properties of the MXC Foundation.