$ 29,404.00 2.58%
$ 1,989.75 2.08%
$ 49.99 4.16%
$ 0.084595 1.78%
$ 7.72 2.78%
$ 1.41 0.28%
$ 0.000171 13.31%

China mobile launches blockchain water purifier with crypto reward system

china mobile builds water purifier on blockchain

Chinese telco tycoon is taking Blockchain development to a new level with its incorporation in the daily routine product that would allow product manufacturing companies to collect data through the internet of things (IoT).

China Mobile is incorporating the blockchain technology in water purifier along with a computer chip that would allow data collection on one hand and reward customers on the other hand.

The reward-based program would be enabled through a blockchain based token PWMC that customer would be able to earn as a reward and use it for product repairs and maintenance such as water filter replacement. Users would also be able to purchase more products using the coin.

The product’s marketing director at the telco giant Xiao Yi expressed that the product would leverage the reward program against the competition.

The provider is looking to expand cryptocurrency and blockchain into the daily routine as a mean to bring more people onto both the cryptocurrency and blockchain network community.

China Mobile has partnered with two blockchain based startups Jingtum and MOAC for the product, and the sales would be facilitated by the joint venture dubbed “Chain Infinity.”

The blockchain backbone would be based on SWTC, a public blockchain by the partner Jingtum. The purifier is the second product in the chain of products the joint venture is producing at the moment.

Earlier in 2018, the joint venture also produced and launched a blockchain based television model that allows cloud mining and reward for customers.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related News

Hot Stories

Michael Saylor says market crash will benefit Bitcoin
Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.
Crypto exchanges are relisting LUNA after the crash

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund