The MXC Foundation is building the Machine eXchange Protocol (MXProtocol) to connect wireless IoT sensors with permissionless blockchains. As these sensors are wireless, and often mobile (bike sharing, asset location management, facilities), we are also creating a smart bidding platform for sensors to connect with base stations owned by others, paying a tiny bit of MXC (Machine eXchange Coin) for that connection. The whole system runs on low power wide area networks (LPWAN) - and anybody can participate.
Because we expect LPWAN to be the center of Smart City development, we are preparing for massive deployment by adding an anti-collision coordinator to keep wireless signals from colliding; ensuring more reliable connections throughout the shared network.
With all of this, also comes data management. Sensor owners can easily sell their data to companies, apps, or even governments. This can be done individually, or via smart contracts using the Interchain Data Market included in MXProtocol. Naturally - this data will also be purchased using MXC.