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Machine Xchange Coin (MXC) provides a unique distributed "Internet of Things data transaction network" for the global token economy. IoT data can be shared on a large scale while ensuring complete end-to-end privacy. The MXC Foundation is committed to the research and application of low-power wide-area network (LPWAN) and blockchain technology. MXProtocol is the core of MXC. It is a completely decentralized standard protocol based on LPWAN. It: 1. solves the problem of conflicts in the free frequency band Internet of Things through ACC; 2. solves the resource allocation problem of LPWAN Internet of Things through intelligent bidding technology; 3. solves the problem of cross-chain transaction and service of IoT data through the cross-chain data market.

Machine Xchange Coin is the first cryptocurrency using token to connect existing Internet of Things devices, which can be used to reward network participants, pay for service fees and trade.