By Naveen S.
The opportunity for all parties in the Blockchain supply chain to prosper is evident provided if they have a key platform to aid integration such as the MAXX Coin Ecosystem.
Formed in 2017, MAXX Chain Pte Ltd is the organisation behind MAXX Coin, the world's first decentralised automotive Service platform built by ERC based public blockchain that maximise Community rewards.
MAXX Coin was setup to solve a critical issue of insufficient and manipulated information stakeholders in the automotive service industry face against the backdrop of ever increasing demand for automobile services, especially in countries of rapid urbanization and growing middle class such as China and South East Asia.
MAXX Coin connects and enhances the interoperability of all parties in the automobile service industry.
The four layer infrastructure ensures information in the Blockchain will not be compromised or misused for malicious purposes.
MAXX Coin chief executive officer (CEO) Benjamin Shi said that it is expanding the Automobile service ecosystem in South East Asia (SEA).
In conjunction with this initiative, MAXX Coin has partnered with automobile heavyweights and built a team of experienced professionals across multiple disciplines to spearhead the project.
MAXX Coin will announce its current developments and future plans for the MAXX Coin ecosystem during the two-day Blockchain Economic Summit (Bloconomic) in Kuala Lumpur, which starts tomorrow (Aug 16-17).
"Today, the proliferation of Blockchain projects in this industry is highly competitive and we are extremely excited to be one of the elites at Bloconomics," Shi said, in a press statement.
The MAXX Coin ecosystem will be implemented in the public Blockchain technology which will be integrated in the Maxx 'N Go application (app).
The Maxx 'N Go app is specifically designed to serve as an intermediary between parties in the industry, the services that are offered in the ecosystem, and the underlying technology MAXX Chain.
The application not only serves as an interface, but also a wallet to store MAXX Coin to be purchased and used in the application.
The MAXX Coin can be used for payment towards the current and future suite of Maxx ‘N Go products and services, just like how reward points are used to redeem products from a catalogue of offers.
Patrick Tam, founder and Group CEO of MAXX Coin said that there is no clear market leader in the services that the MAXX Coin ecosystem provides.
"The ever growing demand coupled with MAXX Coin's Blockchain infrastructure has positioned this project in a very unique vantage point, which is the ability to serve the market almost immediately when new entrants are still starting from scratch," Tam said.
According to him, MAXX Coin will launch a new initiative next month to commemorate the beginnings of the interconnected automobile service ecosystem. It has inked a Memorandum of Understanding (MOU) with Trivechain, a Blockchain project that allows start-ups to create dApps and contracts, to facilitate the development of the proprietary Blockchain technology for MAXX Coin.
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The opportunity for all parties in the Blockchain supply chain to prosper is evident provided if they have a key platform to aid integration such as the MAXX Coin Ecosystem.
Formed in 2017, MAXX Chain Pte Ltd is the organisation behind MAXX Coin, the world's first decentralised automotive Service platform built by ERC based public blockchain that maximise Community rewards.
MAXX Coin was setup to solve a critical issue of insufficient and manipulated information stakeholders in the automotive service industry face against the backdrop of ever increasing demand for automobile services, especially in countries of rapid urbanization and growing middle class such as China and South East Asia.
MAXX Coin connects and enhances the interoperability of all parties in the automobile service industry.
The four layer infrastructure ensures information in the Blockchain will not be compromised or misused for malicious purposes.
MAXX Coin chief executive officer (CEO) Benjamin Shi said that it is expanding the Automobile service ecosystem in South East Asia (SEA).
In conjunction with this initiative, MAXX Coin has partnered with automobile heavyweights and built a team of experienced professionals across multiple disciplines to spearhead the project.
MAXX Coin will announce its current developments and future plans for the MAXX Coin ecosystem during the two-day Blockchain Economic Summit (Bloconomic) in Kuala Lumpur, which starts tomorrow (Aug 16-17).
"Today, the proliferation of Blockchain projects in this industry is highly competitive and we are extremely excited to be one of the elites at Bloconomics," Shi said, in a press statement.
The MAXX Coin ecosystem will be implemented in the public Blockchain technology which will be integrated in the Maxx 'N Go application (app).
The Maxx 'N Go app is specifically designed to serve as an intermediary between parties in the industry, the services that are offered in the ecosystem, and the underlying technology MAXX Chain.
The application not only serves as an interface, but also a wallet to store MAXX Coin to be purchased and used in the application.
The MAXX Coin can be used for payment towards the current and future suite of Maxx ‘N Go products and services, just like how reward points are used to redeem products from a catalogue of offers.
Patrick Tam, founder and Group CEO of MAXX Coin said that there is no clear market leader in the services that the MAXX Coin ecosystem provides.
"The ever growing demand coupled with MAXX Coin's Blockchain infrastructure has positioned this project in a very unique vantage point, which is the ability to serve the market almost immediately when new entrants are still starting from scratch," Tam said.
According to him, MAXX Coin will launch a new initiative next month to commemorate the beginnings of the interconnected automobile service ecosystem. It has inked a Memorandum of Understanding (MOU) with Trivechain, a Blockchain project that allows start-ups to create dApps and contracts, to facilitate the development of the proprietary Blockchain technology for MAXX Coin.
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