Huobi Backs MXC To Lead The IoT Blockchain Revolution - Reuters

 

Huobi Backs MXC To Lead The IoT Blockchain Revolution

Huobi Backs MXC To Lead The IoT Blockchain Revolution

Tue Oct 23, 2018 - 05:15am UTC

Operating out of Berlin, the MXC Foundation is a purpose-built crypto foundation with the mission to inspire fast, efficient and decentralised data exchanges using Low-Power Wide-Area Networks and blockchain technology.

October 23, 2018

The MXC team believes that the MXC Foundation – the pioneer IoT cryptocurrency – paired with LPWAN, is the next step in the fourth industrial revolution, enabling secure, vastly scalable and lightning fast transactions. Huobi, one of the world’s largest coin exchanges, has joined them in this belief.

“The entire team at MXC is excited to receive the backing of such an influential exchange like Huobi Global. We believe this support spawned from our truly unique approach to solving real business challenges and taking blockchain to the people,” says Aaron Wagener, co-founder of MXC. “MXC differentiates itself from other IoT/data tokens by focusing on the use of LPWAN infrastructure, turning it into the world’s largest device data sharing economy. With LPWAN technology, MXC enables fast, end-to-end encrypted data transmissions over extremely long distances. We’re linking hardware to the blockchain, allowing us to provide real-life cases for this ground-breaking technology”.

The crypto world is currently experiencing a new dawn. While many established tokens continue their struggle to provide any real purpose, there’s a new movement underway, a new front of tokens, providing not only day-to-day purpose but ingenious blockchain business solutions. One of the leaders of this new-wave token movement is MXC (Machine eXchange Coin), which provides essential business solutions within the Internet of Things (IoT) world of data. MXC is set to be the first company to connect real word IoT hardware with the world of blockchain.

Now, MXC is leading this fourth industrial revolution with the support of one of the world’s largest Coin Exchanges, Huobi. MXC was recently crowned as the overwhelming winner of a Huobi backed competition to be listed and invested by the token exchange giant. “MXC is one of the only challengers to win the Huobi Next competition within 13 minutes,” said Elaine Du, Huobi BD director. “This really shows that the people believe in MXC, and that the MXC team is able to bring their vision for the future of IoT to fruition”. This massive support into the MXC project has not gone unnoticed by Wagener.

The backing of such a big industry name like Huobi is yet another feather in the cap of the MXC team, after already receiving investments from large Token Investment investors like LongHash, VeChain, Fenbushi, NodeCapital and many more.

The future is looking bright for MXC, and according to Wagener, “With MXC’s continued focus on providing real solutions that impact both business and the general public, we firmly believe this is the way to build trust and impactful understanding of the benefits of blockchain in society”.

With large financial support from well-established investors, along with a strong business model, it appears that MXC is not only intending to lead the IoT industrial revolution but lead the crypto world in a purposeful direction.

For more information, please visit: https://www.mxc.org

Contact Info:
Name: Aaron Wagener
Email: Send Email
Organization: MXC Foundation gGmbH

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Operating out of Berlin, the MXC Foundation is a purpose-built crypto foundation with the mission to inspire fast, efficient and decentralised data exchanges using Low-Power Wide-Area Networks and blockchain technology. October 23, 2018 — The MXC team believes that the MXC Foundation – the pioneer IoT cryptocurrency – paired with LPWAN, is the next step […]

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