Blockchain could also become a feature of mobile app development over the medium to long term. From payments to security compliance and quality checks, there are a range of processes that could potentially benefit from the introduction of blockchain technology.
Introducing MIB Coin, which will provide opportunities to participate in mining and to connect with more businesses as 'whoever, wherever and whenever' using mobile device via an innovative SmartX blockchain platform.
MIB Coin's blockchain network is maintained by a smartphone hash.
MIB' goal is to expand into diverse businesses with the SmartX blockchain platform built for mobile devices. Together with the optimization of decentralized technology, MIB will be at the center of connecting with meaningful businesses in the real world while creating a new world of opportunities.
So far, MIB has introduced the 'mobile mining' concept into the blockchain and developed an environment with the minimum maintenance cost for a blockchain network.
THE SmartX Blockchain Platform
Mobile Smart X Blockchain Platform is a mobile integrated block chain platform. The thing to do notice here is the Alphabet X.
X has two meanings - The first meaning is the number 10. It contains MIB's will to create a flawless
ecosystem where beginning and end are the same.
- The second means completion. It is a will to complete the MIB's own blockchain market by operating and expanding diversebusinesses
Eco system with versatility - MIB Coin’s innovation begins with avoiding excessive energy use caused by ASIC-based professional mining and forming a new mobile cryptocurrency platform that anyone can possess and use with mobile phones.
Eco-friendly Mining - Mining today is becoming monopolized by large miners with infrastructure and funding and countries with a seamless power supply are becoming the major markets. To solve such issues, ASIC and GPU mining methods must be significantly improved.
Sustainable development - MIB Coin's new mobile cryptocurrency ecosystem is based on differentiation and utility andthe practice of economic, efficient and fair distribution to prevent the centralization of blockchain-based coins.
Smart mining method - Mining participation is quick and easy and can be done by leveraging an iOS or Android smartphone. After accessing an app store via a wireless network and downloading the Smart Miner, mining can begin immediately. The Mining Monitor app can monitor and control the mining situations. The app can also store, send, and receive MIB Coin. Additional features are also provided for multi-miners with many devices.
MIB SEQEUNCE - MIB consists of the configuration of six sequence journeys.
The first MIB journey on the road of the blockchain ends here. The sequence of the first journey is a meeting with the blockchain technology. It is the creation of solutions for various problems on the development and application of the blockchain technology, and the establishment of distributed networks which operate independently.
The sequence of the second journey is to convert the multi-functional and most popular mobile phones and devices, also called portable PCs, into a blockchain platform. This is the Mobile Smart X Blockchain Platform.
The sequence of the third journey is progressing on these platforms. It is a new type cryptocurrency in terms of the power consumption to solve the problem of the traditional cryptocurrencies. While the existing protocol-type cryptocurrencies have been spotlighted socially and economically, social problems arising from their excessive energy consumption have continued on the other side. No single cryptocurrency has come up with a solution to this problem, even though it knows how much the affect the future of cryptocurrency. The MIB developed the mobile mining type of MIB coins to show solutions and results to problems no one had tried. MIB coins are the third sequence.
Sequence for the fourth journey is the coin for Dapp. It is the most important part of the sequence of the MIB that gives momentum. This is because most coins are only interested in raising funds through ICO and are not working on solving and implementing projects. Coins that are available and sustainable in the global market, and value coins that deliver user-centric consistency and convenience through ecosystem and Dapp. The MIB completed this project through Donacle. Donacle is a token used for Global Donation Lottery as a blockchain base for Lottery(LOTTO,TOTO) and charitable giving. Based on the online LOTTO and TOTO systems currently in use, the MIB has developed the 'DGBLS TM ' which has been converted to a block-chained global lottery system. In addition, a blockchain of charitable giving systems was introduced to improve transparency and reliability, which is a problem with the existing charitable giving system. Donacle is a dual type blockchain token based on MIBs. It will show the reality of the global commercialization of the code currency that no one has achieved. Donacle is the fourth sequence.
Sequence for the fifth journey is hardware. There is a growing need for peripheral devices for both blockchains and cryptocurrencies, to utilize as well as technical software. To address this problem, the MIB has developed a mobile device and a kiosk for blockchain to complete its block chain device tools (BDT:blockchain device tools). MIB coins, Donacle token, We are traveling through the sequence of the last six journeys before we can even begin ICO Still, blockchains and cryptocurrency economies have a lot to complement in order to compete with traditional market economies. There is a flood of scam coins creating a deformed market form with marketing alone, rather than with negative views and concerns and technology-based blockchain businesses. These situations are further dampening the market for block-market. Technology, its true value, is when it is used by people as a useful product. Operating System (OS) demonstrates value with hardware and software. The MIB tries to prove its value with a sequence network of blockchain business.
The characteristics of the MIB Coin ecosystem are as follows.
First, mining no longer requires expensive hardware, CPU, a graphics card, or dedicated
machines (ASIC or GPU). More significant opportunities to participate in mining are given to more countries and people by using smartphones which are already available all over the world in billions. This means overcoming the technical limitations of moving towards universal ownership and it is the starting point as well as a necessary and sufficient condition for cryptocurrency to indeed function as a currency. Through the substitution of the coin market preoccupied with certain countries with a smart and generalized mobile environment, the general population distributed in over 100 nations can now become miners and users. This will create a blockchain that matches its original aim as a distributed ledger and hence, its value shall be recognized.
Second, the problem of polarization characterized by the concentration on specialized mining firms or specific nations can be resolved by distributed mining. Currently, mining activities are heavily skewed towards specific countries only, and such polarization reduces the functionality of blockchain as well as its value as a currency. If the mining cost increases and the payback period of investments is further extended, this means that the maintenance cost of blockchain is on the rise and may result in its collapse in the long term. Therefore, a better technological solution needs to be provided to maintain a sustainable network.
Third, mining trend changes are focused on eco-friendly, low-energy based methods with plans for social contribution. Here is a simple comparison of the power consumption required for mining. S9, a miner by Bitmain requires 1,350–1,500 W, and 8-Way GPU by Supermicro requires 800–1,300 W. Conversely, a smartphone requires only 7–10 W resulting in a 99.24% savings, approximately. It is no exaggeration to say that a mobile environment would offer the lowest power consumption among all existing coin mining environments. Fourth, the SmartX Blockchain Network (SBN) can maintain the network with a low cost. Some of the features possible with SBN are: issuing a functional token through our platform, a smart contract that signs contracts between two or more parties and performs a verification, a mobile money transfer that can withdraw cash from an ATM and transfer money via smartphones, access to digital content like games, music and movies, and booking tickets at over 200 branches. SBN's opportunities and future value are a result of the following features: it is equipped with functionality both as a blockchain platform and a subsidiary currency, can create and expand an ecosystem, share its system and offer a low-cost, highly efficient network. This is MIB Coin's vision.
TEAM
Telegram Group - https://goo.gl/s7ZpEM
Facebook Link - https://goo.gl/3NpA4B
Twitter Link - https://goo.gl/k4B8g5
Kakaatalk - https://open.kakao.com/o/gm886XL
Website - http://www.mibcoin.io/
MIB Whitepaper - https://drive.google.com/file/d/1V0J0kHNkpMDcPCZEGVtZhbAA_UAsfijl/view
Github - https://github.com/mosbc/MIB-Coin