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Recently, Moonchain, as a representative of the economic and trade delegation, accompanied Berlin Mayor Kai Wegner to visit Tokyo and discussed DePIN technology cooperation with Mitsubishi Fujitsu and other companies. During this trip to Japan, Moonchain and Mitsubishi, Fujitsu and other well-known Japanese technology companies had in-depth discussions on how to cooperate in the field of DePIN technology.
During this visit, Moonchain also demonstrated its leadership in the field of DePIN technology, and provided a new opportunity for future cooperation with more technology companies in the Web3 field and accelerated development of the ecosystem.
Why is Moonchain so popular among government departments and business giants?
Moonchain accompanied Berlin Mayor Kai Wegner on his visit to Tokyo as a representative of the economic and trade delegation, which represented the good relationship between Moonchain and the Berlin government. It also represented that Moonchain was firmly rooted in the German market and was highly recognized by local government departments and the technology field. As the earliest distributed IoT network, Moonchain has already carried out in-depth cooperation with Deutsche Bahn, the Berlin Technology Bureau, etc. on building smart cities in the early stage of marketization, and is a very important infrastructure for Berlin to build a smart city.
From the perspective of Moonchain's market map, in addition to Germany, its B-side customers such as governments and public institutions have spread across more than 200 countries. Other partners of the landing projects include: Carnegie Mellon University in the United States, Canadian Tires in Canada, Enlink in South Korea, National Grid of Korea, Citiesense in New York, M2B in Japan, etc. Potential scenarios include the chaining and transmission of data such as parking spaces, trash cans, street lights, pedestrian and vehicle traffic, etc. At present, through these business cooperations, MoonChain has achieved good business income and achieved profitability.
In fact, being rooted in the IoT space allows Moonchain to have extensive points of contact with many government departments and technology companies, and become an important link between the Web3 and Web2 worlds through its own DePIN-based distributed IoT network.
From the perspective of the IoT industry itself, its core advantage lies in its ability to greatly improve efficiency and productivity. Through the interconnection between devices, the level of automation is improved, the production process is optimized, and the operating costs are reduced. Governments and enterprises can use this technology to optimize resource allocation, thereby improving service quality and operational efficiency. An example is that the application of the IoT in the construction of smart cities can effectively improve traffic management, public safety, energy management and other aspects, and enhance the level of intelligent urban management.
At the same time, the Internet of Things can also bring data-driven decision support. The large amount of real-time data continuously collected by hardware devices provides strong data support for market trend analysis and consumer behavior research, making the decision-making process more scientific and accurate. Such a huge data resource also provides a basis for enterprises to develop new products and services, and promotes the innovation of business models, such as usage-based services and smart home products.
In the longer term, IoT technology also directly responds to the challenges facing the world, such as climate change, resource shortages and an aging population. Through intelligent monitoring and optimization systems, IoT helps reduce resource consumption and improve environmental sustainability. At the same time, governments can use this technology to improve public safety and monitoring capabilities, and prevent and respond to various security threats.
At present, government departments are an important driving force for the development of the Internet of Things industry. For example, the EU's "Digital Europe Plan", the South Korean government's "Innovation Growth Strategy", the Japanese government's "Society 5.0" strategy, the German government's "Industry 4.0" strategy, etc. These plans are encouraging enterprises and research institutions to invest and innovate in the field of the Internet of Things, thereby accelerating the research and development and application of Internet of Things technologies.
The advantage of Moonchain is that it can promote more efficient and secure operation in the field of IoT with a new solution. Moonchain itself is a distributed IoT DePIN network, which aims to provide a protocol for decentralized solutions for data exchange and communication of IoT devices. By leveraging blockchain technology, Moonchain aims to solve the problems of inefficient data exchange and security in the field of IoT, and achieve seamless and secure data flow between devices. Moonchain hopes to build a global, low-power IoT network that allows individuals and businesses to easily connect and manage their IoT devices, while improving the efficiency and transparency of data transactions.
The Moonchain ecosystem establishes links with many off-chain IoT hardware devices. After collecting data off-chain, the hardware devices in different scenarios collect and process data in a distributed manner through the on-chain part, namely the MX Protocol, and make the data system run in an orderly manner with the support of the smart bidding protocol. At the same time, through the "Proof of Participation" consensus mechanism, it can not only ensure the continuity and reliability of the LPWAN network, but also allow data providers to access the system through hardware devices and earn revenue from it.
As the ecosystem launches a ZkEVM-compatible Layer3 chain based on Arbitrum, all components of the Moonchain ecosystem will run on the new chain with excellent performance, scalability, security, etc. At the same time, the launch of the new Layer3 chain also provides a foundation for more developers to build related on-chain IoT applications based on the ecosystem, so as to promote the organic integration of Moonchain with more scenarios.
In fact, it is not difficult to find that in the traditional layout of the Internet of Things, there are difficulties in data security and user privacy protection, lack of unified standards and protocols leading to poor interoperability between devices, and the operation of the Internet of Things system. Moonchain can reasonably alleviate the above difficulties faced by government departments and technology companies in the layout of the Internet of Things based on its own system. At the same time, it runs on the Layer3 chain with technical advantages (there will be a series of innovative on-chain Internet of Things applications in the future), and can serve as the software part of the Internet of Things system for a long time, which can not only process data efficiently, but also reduce the operation and data processing costs of the Internet of Things equipment part.
Because of this, Moonchain, which is creating a new paradigm for the new IoT track, is becoming an important partner for mainstream players in this field.
A new opportunity for ecological expansion
As a benchmark ecosystem in the Web3 IoT field, Moonchain is not only committed to promoting more enterprises and government departments to deeply deploy in the IoT field, but also actively helping traditional enterprises to deeply explore emerging fields.
During the visit to Tokyo with Kai Wegner, the mayor of Berlin, Moonchain made a series of progress in cooperation. In the cooperation negotiation with Mitsubishi, the two parties reached a series of consensus on how Mitsubishi's Japanese yen stablecoin and Moonchain's DePIN Chain can cooperate. In the negotiation between Moonchain and Fujitsu, the two discussed potential cooperation opportunities in the digitalization of public services and AI applications.
These initial conversations are not only a promising step to integrate cutting-edge blockchain technology into the operational framework of Mitsubishi and Fujitsu, but will also significantly contribute to the technological advancement of Berlin and Tokyo. Moonchain is expected to apply its largest DePIN L3 native public blockchain technology to the Japanese market. At the same time, it also represents the deep recognition of Moonchain's technical strength and future development potential by these mainstream technology giants.
This trip to Japan is further helping the Moonchain ecosystem gain new visibility, and is also an important opportunity and signal for its ecological expansion. Through in-depth cooperation with leading Japanese companies such as Mitsubishi and Fujitsu, it will not only help promote the expansion of Moonchain's future cooperation map to more well-known companies, but also is expected to promote Moonchain to expand its business to more countries and regions, and bring about further expansion of the business scale, which is good news for the Moonchain ecosystem.
New benefits for ecological development
Focusing on the Moonchain ecosystem itself, it is a hierarchical ecosystem that includes a ZkEVM-compatible Layer3 chain based on Arbitrum (the carrier of the ecosystem), and the IoT platform MXProtocol built on it. These infrastructures serve as the cornerstone of building the IoT DePIN system. In addition, Moonchain has also launched a series of components and sections including cross-chain bridges, Swap, stablecoins, inscription markets, DID domain names, etc., which has further made it a DePIN ecosystem that can serve the IoT field in a comprehensive and hierarchical manner. The continuous expansion of the Moonchain ecosystem will accelerate the operation of the ecological components, and is expected to promote the continuous influx of external value into the Moonchain ecosystem. A potential example is that Moonchain's cooperation with Mitsubishi on the Japanese yen stablecoin is expected to accelerate the development of the trend.
Of course, in addition to the above series of components, the $MXC token is the core of the Moonchian ecological economic system. In the Layer3 chain based on Arbitrum, $MXC improves the scalability of the IoT/DePIN system, and each on-chain transaction will consume $MXC tokens. It is not just a token, it is an innovative solution that provides diverse DePIN functions. This asset has a wide range of application scenarios, from monitoring parking spaces to simplifying garbage collection in cities like South Korea and New York. In the long run, this asset will play an important value foundation in the issuance of sensor tokens, NFT issuance, and NFT issuance of tangible goods.
As Moonchain's ecological business and ecological landscape continue to expand, while continuously driving the operation of the Moonchain ecological value flywheel, it will also continue to drive the $MXC token to be deeply empowered by various application scenarios, and greatly accelerate the transaction volume and rigid demand of $MXC tokens, and accelerate their destruction.
Therefore, through the trip to Japan and potential cooperation with a series of partners, it will also be a major signal for $MXC to build a more stable value base, increase the price of the currency, and promote the potential valuation. As Moonchain sits firmly in the first place of IoT DePIN ecology, $MXC will also sit firmly in the first place of IoT DePIN concept token.