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MXC - the foundation with a vision for the world of data

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.

Fixing data collision

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.

Let's talk data

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.

Economic White Paper

Economic Whitepaper

Reading time: 4min

Technical Whitepaper

Reading time: 28min

Knowing Your Customer (KYC) in the world of the blockchain

Posted by M Horst on Jul 23, 2018 8:23:00 PM

Almost from the very beginning, the anonymity of cryptocurency exchange and its non-reliance on regulated banking systems have made them attractive to certain criminals. As it became obvious that blockchain-based currencies were not going to simply disappear, governments around the world began the slow process of developing systems to regulate Crypto Exchanges and the other platforms people use to exchange Bitcoins, Ethereum and other cryptocurrencies for goods, services and other types of currency.

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Topics: cryptocurrency, Security, KYC

Smart Contracts, Smart Assets, and how the blockchain might just do away with lawyers

Posted by M Horst on Jul 18, 2018 8:55:00 PM

OK, that’s probably not actually going to happen. However, smart contracts, smart assets, and unique blockchain protocols like MXC are making it possible for contracts and agreements of many kinds to become self-enforcing. The time and expense saved by removing even the possibility of fighting for agreed contract rights could be the dawn of a whole new economic reality.

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Topics: MXProtocol, smart contracts

Full house at MXC Launch Party in Berlin

Posted by Jeff Stahlnecker on Jul 18, 2018 10:35:28 AM

Our first event was a massive success! Not only did we fill the house while competing with the world cup (oops) - we did it on a Friday evening! Here’s the recap.

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Topics: MXC, MXProtocol, Roadshow, MXC Event

Who's Ready for IoT? Leaders in LPWAN.

Posted by Eunju Namkung on Jul 13, 2018 12:31:13 PM

The Internet of Things (IoT) can only be as good as the connectivity that will host it. For better or worse, an average reader of this post likely deals with different devices that demand a variety of wireless networks on a daily basis. Personally, I instantly recall the countless times I’ve leeched off cafe WiFi, my bluetooth headset that keeps booting off my car’s connection, and my cellular data bills that somehow keeps getting larger...

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Topics: IoT, LPWAN, MXProtocol

Interested in MXC? Join the Global Roadshow

Posted by MXC Foundation News on Jul 10, 2018 6:09:42 PM

MXC Foundation is hosting a series of events around the world. Our Global Roadshow started with the Berlin Launch Party and will end in New York on July 25.

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Topics: MXC, MXProtocol, Roadshow

Why monetization of the LPWAN network system actually helps the ‘sharing economy’

Posted by M Horst on Jun 26, 2018 8:37:00 PM

First, let’s define a few terms. I’ll assume you know what low power wide access networks (LPWANs) are, and how the IoT uses them. But the interaction of LPWANs and the sharing economy bears examination.

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Topics: MXC, cryptocurrency, LPWAN, sharing economy

Security by Design: How MXC makes smart tech secure

Posted by Eunju Namkung on Jun 15, 2018 12:07:03 PM

As smart technologies become ubiquitous in every part of our lives – from personal devices to public infrastructures – the ever-expanding digital infrastructure poses ever-growing vulnerabilities.

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Topics: Security, MXProtocol

Why investing in MXC is logical (opinion)

Posted by Jeff Stahlnecker on May 30, 2018 9:56:00 AM

Photo by rawpixel.com from Pexels

Remember those old Mac and Windows commercials? They depicted Mac as an easy going guy who could do what you needed without extra steps or baggage. Then came Windows. Windows was the corporate guy with red tape for just about everything.

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Topics: Data, MXC, IoT

How to earn passive income with MXC

Posted by Jeff Stahlnecker on May 18, 2018 9:57:00 AM

Passive income is the holy grail of personal finance. Every finance class or conversation I had since high school included something about passive income. At one time I was so obsessed with it that I continually played the game “Cashflow” to prepare myself to be a king of passive income (hint: I’m not). Passive income is money that you earn, without traveling to work, or spending any large amount of time earning it. Essentially money you make with little to no effort. Here is Rich Dad’s definition:

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Topics: MXC, passive income, LPWAN

Why shouldn't we profit from our own data?

Posted by M Horst on May 15, 2018 9:17:00 PM
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Topics: Data, LPWAN, Blockchain