The startup operates a decentralized network infrastructure that integrates real-world assets with blockchain technologies, specifically designed for low power wide area networks (LPWAN) and the Internet of Things (IoT). This infrastructure enables decentralized cryptocurrency mining and facilitates secure transactions and data exchanges, allowing developers and engineers to actively participate in the ecosystem.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
JVFounders
Product
Problem
Integrating real-world assets with blockchain technologies, particularly for low-power wide-area networks (LPWAN) and the Internet of Things (IoT), faces challenges in scalability, security, and efficient data exchange. Existing decentralized network infrastructures struggle to provide seamless connectivity and secure transactions for IoT devices.
Solution
Moonchain operates as an Ethereum sublayer, providing a hardware chain designed to facilitate the integration of real-world assets with blockchain technology. It focuses on enabling secure transactions and data exchanges within low-power wide-area networks (LPWAN) and the Internet of Things (IoT). The platform aims to create new opportunities within the WearFi technology space, offering a dedicated ecosystem for developers and engineers to participate in decentralized applications. By leveraging its unique architecture, Moonchain seeks to address the scalability and security limitations of existing blockchain solutions for IoT.
Target Audience
The primary target audience includes developers and engineers working on IoT solutions, as well as individuals and organizations interested in WearFi technology and integrating real-world assets with blockchain.
Features
- Ethereum sublayer designed as a hardware chain.
- Focus on WearFi technology to create new opportunities.
- Facilitates secure transactions and data exchange for LPWAN and IoT devices.
- Dedicated ecosystem for developers and engineers.
- Compatibility with the MXC token.