NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

Shanghai Launches Smart City Program with MXC Blockchain Startup

NewsBTC
NewsBTC
1 year ago
3 mins read
warsaw, smart city

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

China has a strong record of spearheading technological innovation, and it appears to be continuing the trend with its interest in blockchain and IoT supported Smart Cities.

Recent developments indicate that the government of Yangpu – a district in the major Chinese city of Shanghai, has initiated an agreement with the MXC Foundation to drive the creation of an IoT-based Smart City.

Smart Cities Aim to Improve the Quality of Lives

For those unaware, a Smart City is an ideological term that refers to the development of cities that have all functions facilitated by advanced digital technologies. This includes the likes of blockchain and IoT, as well as artificial intelligence and robotic process.

The overarching aim of a Smart City is to improve sustainability, increase efficiency levels, accelerate economic development and ultimately, create a better quality of life for those based in the city.

The Shanghai Smart City program will be fully supported by Berlin-based blockchain startup, MXC Foundation.

MXC utilizes a highly innovative technology called ‘Low Power, Wide Area Network’, or simply ‘LPWAN’. The technology allows radio-based equipment to communicate with 5g protocols, subsequently facilitating an IoT.

However, the key standout with LPWAN is that it is ultra-efficient, making the technology large scale, while at the same time low maintenance.

Yangpu Official Expresses Full Support for the MXC Agreement

Ma Qing, Vice Deputy Director of the Science and Technology Committee of Yangpu District, was quoted as saying “Our agreement with the MXC Foundation will accelerate industrial innovation, provide technical support for the development of smart cities in Shanghai Yangpu District, and provide comprehensive, high-quality social organizations, enterprises and residential areas in the district, thanks to the increased efficiency of the city’s IoT network,”

Ma Qing continued by adding the Yangpu District Government has “opened this avenue to attract and support additional blockchain companies in the city.”

Ever-growing Population Crisis Cries Dire Need for Smart Cities

To illustrate the need for efficient Smart Cities that utilize the benefits of IoT for the purposes of improved efficiency and sustainability levels, one only needs to look at growing population levels. In 1950, just two megacities (population of 10 million or more) existed in the form of Tokyo and New York.

By the year 2030, it is believed that this figure will surpass 40 megacities mark. However, even more alarming, it is believed that the greater Shanghai area will have more than 170 million residents, subsequently creating a ‘gigacity’.

As such, and due to the involvement of government officials, should the Shanghai-MXC pilot result in success this could potentially be a game-changer for blockchain usage in the real-world setting.

MXC Smart City Pilots Continue to Thrive

Interestingly, this is not the first time that MXC and their underlying LPWAN protocol has been utilized to pilot the development of Smart Cities. For example, in late 2018 it was announced that MXC had agreed to deploy hundreds of smart sensors throughout New York.

The idea behind the deployment of sensors is to collect vast quantities of data to assess optimization levels for waste management. In the long-run, with these large data sets stored securely on the MXC blockchain, New York officials will aim to reduce operational costs. The sensors will also collect data with the hope of reducing traffic congestion.

A further example of an MXC-backed Smart City project was the recently announced South Korea pilot. Once again, blockchain and IoT supported technologies will dispatch smart sensors, with the aim of collecting big data pertaining to earthquake detection of fine dust signals.

Ultimately, while arguably we are some time away from a fully-fledged smart city in the purest form, frequent pilots such as the ones being implemented across New York, South Korea and now Shanghai is certainly a step in the right direction.

Image: Pixabay

 

Tweet123Share347ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Memecoins krenta, tačiau Snorter Bot toliau ieško naujų galimybių – ICO pasiekė $4 mln.

Memecoins krenta, tačiau Snorter Bot toliau ieško naujų galimybių – ICO pasiekė $4 mln.

Telegram pagrindu veikiantis prekybos botas Snorter Bot Token (SNORT) savo ICO metu surinko 4 mln. USD, nors platesnė meme monetų...

Tomas Jankūnas 1 hour ago
Ethereum Price Faces Tough Road

Global M2 Money Supply Says Ethereum Price Will Reach $20,000, Here’s When

The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process....

Scott Matherson 2 hours ago
Ethereum, ETH, Crypto

Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate

After losing the $4,450-$4,500 area during the recent market downturn, Ethereum (ETH) is attempting to hold a crucial level as...

Rubmar Garcia 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Биткоин и график

Strategy инвестирует $100 млн в Биткоин – институционалы укрепляют рынок

daria 19 minutes ago
Crypto Treasury Stocks Take a Fall After New Investments, Bringing PEPENODE’s Presale Into the Spotlight

Crypto Treasury Stocks Dump After New Investments, Bringing PEPENODE’s Presale Into the Spotlight

Aaron Walker 29 minutes ago
Dogecoin news

21Shares’ Spot Dogecoin ETF Hits DTCC—Will It Ignite A Rally?

Jake Simmons 51 minutes ago

Premium Sponsors

Press Releases

  • Най-добрите мемекойни за...

    23 minutes ago
  • Najlepsze memecoiny do kupienia, gdy kapitalizacja rynku memów zbliża się do 80 miliardów dolarów

    Najlepsze memecoiny do kupienia, gdy kapitalizacja rynku...

    38 minutes ago
  • Altcoin sezóna je tu. Tyto tři faktory mohou pohánět rally

    Altcoin sezóna je tu. Tyto tři faktory mohou pohánět...

    1 hour ago
  • Najlepsze altcoiny do kupienia, gdy cena Solany zbliża...

    1 hour ago
  • Altcoin sezóna je tu. Tieto tri faktory môžu poháňať rally

    Altcoin sezóna je tu. Tieto tri faktory môžu poháňať...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.