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MXC Puts Pressure on Government & Businesses, Donating Millions in an Environmental Global First

The MXC Foundation has developed an "Eco-Friendly Fund" worth over $12 million to improve air quality around the globe.


News provided by

MXC Foundation

Jul 23, 2019, 02:00 ET

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MXC is launching the Particle Depletion Program to reduce air pollution.
MXC is launching the Particle Depletion Program to reduce air pollution.
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BERLIN, July 23, 2019 /PRNewswire-PRWeb/ -- As many governments continue to deny and delay progress on global climate change, the German-based IoT Token, MXC, has chosen to take a disruptive course of action. Developing a world-first environmental program, MXC is set to donate up to $12 million to network participants for actively contributing to clean air. MXC's Particle Depletion Program works to ensure that current and future generations live in a cleaner, low-risk environment, extending both the length and quality of people's lives.

"I am both excited and personally very proud to announce the MXC Particle Depletion Program," said Aaron Wagener, Co-Founder at the MXC Foundation. "The MXC PDP is a global first, set to drastically revolutionize the way society approaches the catastrophic air quality epidemic facing public health in society today."

“The MXC PDP is a global first, set to drastically revolutionize the way society approaches the catastrophic air quality epidemic facing public health in society today," said Aaron Wagener, Co-Founder at the MXC Foundation.

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When it comes to causes of premature death, the risks posed by global air pollution are now only exceeded by behavioral and metabolic factors. Furthermore, air pollution and poor access to quality air is the number one leading environmental risk factor, far surpassing other environmental risks that have too often been the primary focus of public health measures in the past [World Health Organization's (WHO) report: "State of Global Air/2019"]. With deaths caused by air pollution slowly on the rise, the global IoT Token "MXC", decided to take action, taking a significant step towards helping communities, businesses, and citizens reclaim their cities and reclaim their health.

The PDP brings all sides together in order to solve an issue affecting everyone, in a truly united effort. The MXC PDP financially rewards individuals, businesses, and governments by tokenizing the active monitoring of air pollution particle precipitation levels and for taking active measures to significantly, and continually, reduce air pollution on an ongoing basis. The MXC Foundation is set to financially support those who drastically reduce their global footprint. Governments will also be rewarded for introducing policies based on the qualifiable incoming data provided by the LPWAN air quality sensors.

"One of the most exciting elements of the MXC PDP is not only that it attempts to solve real-world issues facing humanity, but it does so using a comprehensive, all-inclusive approach", said Aaron Wagener. "Often, many smaller parties get left out of the environmental impact on change, and more often than not they are the ones directly affected by the new environmental changes. MXC changes this approach, allowing everyone to get involved."

The PDP will leverage the MXProtocol to allow data to be sent, allocated, and measured over extreme distances. Data transmitted using MXProtocol devices then easily compile and analyze the air quality data collected from sensor hardware sources. Once the predetermined particle precipitation levels reach the targeted amount, set per the World Health Organization standards MXC's unique M2M Wallet automatically releases the payment. This will lead towards a completely mapped scan of how effective ongoing Regional and Local efforts to reduce air pollution actually are, rewarding participants for ensuring their monitored levels remain safe, benefiting the environment and the wider community.

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The MXC Foundation is a purpose-built Blockchain Foundation, based in Berlin. Its mission is to inspire fast, efficient, decentralized data exchanges using LPWAN and Blockchain technology. MXC is currently working on smart city data projects in New York City, South Korea, and Shanghai.

SOURCE MXC Foundation

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