MXC

MXC Foundation provides blockchain and LoRa-based connectivity solutions for Internet of Things (IoT) applications. The company develops the Machine eXchange Protocol (MXProtocol), a decentralized physical infrastructure network that connects wireless IoT sensors with permissionless blockchains, ensuring trusted data accuracy for AI-based training models.

Co-founded by Aaron Wagener and Xin Sheen Hu in 2018, MXC's origin stemmed from recognizing the critical need for efficient, secure, and decentralized data exchanges within the burgeoning IoT landscape. Their insight involved leveraging low-power wide-area networks (LPWAN) alongside blockchain and token technology to build a robust data communication framework.

MXC Foundation serves individuals and enterprises seeking to bridge real-world assets with Web3 infrastructure and utilize verified IoT data. The foundation envisions establishing a global, decentralized data network that facilitates seamless and secure communication between devices, fostering the data economy and enabling asset collateralization on the blockchain.