The China Shanghai Yangpu government has entered into an agreement with MXC Foundation to deploy the blockchain-based smart city IoT standard
China Shanghai Yangpu has contracted Berlin-based non-profit MXC Foundation to roll out its blockchain-based smart city Internet of Things (IoT) standard in Shangai.
The MXC-Shanghai agreement is part of the Chinese State Council’s strategy to strengthen innovation-driven development. The agreement includes both the collection and analysis of smart city data.
MXC is assisting the Yangpu district with the deployment of it low-power wide-area network (LPWAN) protocol, capable of providing wireless services to IoT devices in Yangpu.
“The Shanghai District and MXC are cooperating in the construction of smart cities and the development of the IoT industry,” said Shen Xin, director of science and technology department of Shanghai Yangpu district.
“With this partnership we expect to increase efficiency and to improve our citizen’s lives.”
“Smart cities are no longer a buzzword, but an actual solution based on IoT and blockchain”
Data collected via the network will make use of MXC’s interchain data market to assure data reliability and provide an actionable analysis of city-owned data.
“Smart cities are no longer a buzzword, but an actual solution based on IoT and blockchain,” added Aaron Wagener, co-founder at MXC.
“Following our New York City and South Korea pilots, we are now excited to collaborate with the Shanghai government, and to provide its citizens with real value.”
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