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Machine Xchange Coin (MXC) is a cryptocurrency developed by the MXC Foundation for use within the Internet of Things (IoT) ecosystem it is helping to build.
MXC technology enables fast, efficient, decentralized data exchanges using LPWAN and blockchain technology. This enables what the MXC Foundation calls "smart data", which is data that can be easily and rapidly shared on the MXC Inter-Chain Data Market to make businesses and cities more efficient. The Inter-Chain market connects blockchains so that they can communicate with each other and provides the opportunities for third parties to build custom APIs.
Introduction to Machine Xchange Coin.
LPWANs (low-power wide-area networks) are a critical piece of the MXC solution. LPWAN's low power consumption for both network gateways and sensors makes it feasible to transmit data from a single sensor for up to 10 years without changing or charging its battery. LPWANs can easily transmit small data packets from IoT network devices, making them an ideal solution that can operate 24/7, separate from the 4G, 5G, and LTE networks used by people.
