MXC Data Analyst Update: MXC Network, Revolutionizing Consumer Data Consumption
Time to read
News Update

MXC Data Analyst Update: MXC Network, Revolutionizing Consumer Data Consumption

A protocol needs two elements to reach mainstream adoption; a global, secure network that acts as a back-end, and an easy-to-use platform that acts as an intuitive front-end to onboard users.

Ethereum has Metamask, Cosmos has Keplr. As MXC continues on its goal of becoming the “Ethereum of IoT”, we’ve built a global, decentralized network powered by M2 Pro miners and, soon, with NEO. Flow by MXC is the next step in the widespread adoption of the MXC network, as it becomes an onboarding point for millions of IoT devices.

Key Points

  • Flow by MXC, set to launch in 2023, is expected to onboard businesses and millions of devices
  • The overall design is in its finalization stage, with ease of usage and increased utility in mind, as many MXC beta users are currently testing 
  • Both sensor deployers and miners will be able to benefit from Flow by MXC
  • Flow by MXC is expected to unlock increased benefits for M2 Pro miners, NEO miners, and sensor deployers alike

Importance of Flow by MXC

Flow by MXC is a port of entry for IoT devices to begin their MXC network journey and a platform for institutions to manage and optimize their network usage. This serves an important role as MXC begins to offer permissionless usage of the global data network, starting from the dozens of network partners set to go live in 2023. Businesses, institutions, and individuals across the world are set to flow into the MXC data network via the Flow by MXC, resulting in the increased utility of the network and usage of each miner’s deployed connections. This is bound to benefit all parties involved, especially the miners who contribute to the network with the M2 Pro and NEO.

Overall UI/UX

The overall interface design, currently being finalized, is set to offer various depths of information in layers. A simple menu tab with sub-menu items has been placed on the left-hand side, allowing users to either have a quick look into their operations via “Overview”, or learn about further details such as location and live data feed. While miner owners will not be able to decrypt the data being transferred via their network due to the End-to-End encryption, they will be able to check the downlink and uplinks of data and also manage the settings. Sensor owners will be able to check the status of their data stream, while also modifying their operations. 

Miner View

We understand that for miners, deploying their miners in a geographical, location-based hexagon with fewer miners is the ideal goal. To further aid miners, the Flow by MXC has implemented a local miner map view to allow both M2 Pro and NEO miners to accurately deploy their miners in strategic locations according to their approach. Similar to the Hexagon Maps on AXS, the hexagons are color-coded for easy understanding. 

Sensor View

For sensor deployers such as businesses and institutions, it is in their best interest to rely on hexagons with the highest number of miners deployed as the hub of their central operations, since more miners mean more supply of connectivity points. For this reason, the development team is testing various color schemes to accurately visualize the near-inverse relationship between the sensor view map and the miner view map. 

Conclusion

With development on Flow by MXC increasing in pace, we are optimistic that the platform’s scheduled launch in 2023 will bring dozens of businesses and millions of devices into the MXC data network, and unlock incredible benefits for the miners involved in providing connectivity points. MXC Foundation looks forward to continuing to build together with tens of thousands of miners around the world and welcoming millions of devices to complete the MXC vision of becoming the Ethereum of IoT, to connect and certify both the tangible and the intangible. 

author