Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Node Capital Invests in MXC

MXC Foundation, the break-through cryptocurrency promoting LPWAN technology powered by the MXProtocol, has today announced its newest investor, Node Capital, the venture capital company focused on the Blockchain industry.

“At MXC we aim to transform the conversation around cryptocurrency by enabling an IoT data ecosystem that all individuals and organizations, large and small, can participate in and profit from” said Hu Xin, CEO of the MXC Foundation. “With our new partnership with Node Capital, we are bringing together the expertise and vision to build an interconnected Blockchain community in which an IoT economy can flourish.”

Node Capital is lead by Du Jun, the founder and former CEO of Huobi, the digital currency trading platform and exchange.

Node Capital specializes in Blockchain layout, ultimately aiming to connect every node of Blockchain industry together to build a solid foundational ecosystem. A proven Blockchain entrepreneur, Du Jun’s Huobi is currently ranked as the third largest crypto exchange in the world by 24-hour trading volume, with users in over 130 countries trading over $1 billion in assets.

Supporting projects in Blockchain such as news information, digital asset transactions, storage, technology development and applications Node Capital brings together a wealth of experience in emerging Blockchain projects, crypto payments, and community collaboration.

“MXC’s core MXProtocol is extremely impressive for enabling lightning fast transactions, and that is exactly the kind of breakthrough technology we want to see gain wider adoption” said Du Jun, CEO of Node Capital. “Our investment in MXC reflects our desire to build a smarter data-driven Blockchain community that truly empowers every individual.”

MXC combines the LPWAN and the Machine eXchange Protocol (MXProtocol). This is then combined with the Machine eXchange Coin which supports the user with streamlined data transactions and data flow monetization. Individual users and enterprises can construct a decentralized and secure LPWAN simply by connecting a device to the online network. This enables any device connected to IoT to connect. IoT devices are then monetized through an LPWAN gateway where they can access all published data traded within the marketplace.