We now live in the digital era where the world has now turn to a global village with the aid of the internet. The use of the internet is getting more adoption daily from traditional use in smartphones and computers to other devices that are not normally connected to the internet through the concept of the Internet of Things IoT. The fact that there are no many start-ups concentrated on the Internet of Things (IoT) in spite of the need of IoT solution in the across various global economies today and slowly the fact that Uplexa is built it' platform on the revolutionary innovative blockchain technology make this project a very interesting topic of discussion. To completely comprehend what IoT solution Uplexa is offering, understanding what IoT completely involves is foremost. IoT includes expanding Internet network past standard devices, for example, PCs, smartphones, and tablets, to any scope of generally used non-internet-empowered physical devices and ordinary items. When this device is empowered with technology, these devices can interact and connect over the Internet, and they can be remotely observed and controlled.
What is Uplexa
My Professor in school said that it takes a visionary mind to see genuine potential and innovative power in new technologies. The Uplexa team are definitely one for seeing the massive potential and the revolutionary impact blockchain technology can cause in the IoT industry. The amount of transformation it will bring when blockchain is massively adopted. Imagine a world where the enthusiasts of the global e-commerce and IoT industry enjoy the benefits of blockchain and decentralization in terms of transparency and speed of transactions, anonymity in terms of privacy and the level of security in just little paragraph I will explain Uplexa solutions
Blockchain technology has disrupted the financial industry the most due to the efficiency and transparency it brings to transactions. Uplexa aims to be at the forefront by creating a decentralized P2P Payment network aimed to provide solutions to the current payment problems in the e-commerce industry and also provide the IoT Industry with a sophisticated rewarding and payment structure with the use of cryptocurrencies through the Uplexa wallet.
Uplexa will drive adoption of blockchain for the IoT market. With the current number of IoT device globally, it is no doubt that Uplexa will be a success because through the mining power Uplexa aims to empower with mining capabilities and transactional power
Through anonymous services payment from Uplexa. Centralized control and presence of governmental institutions, hackers and large corporations will be ultimately reduced. Users can transaction anonymously through Uplexa IoT Partners.
Like many ecosystems on the blockchain, Uplexa has its own native coin UPX which is used for transactions processes, mining rewards and many more. UPX is currently listed and tradeable on major cryptocurrency exchange and listed on Coinmarketcap.
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