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About the project

About Mchain

Mchain is an open platform of smart governance destined to maximize the Blockchain technology development, its relationship with cryptocurrencies, the smart contracts world and the decentralized apps inside Smart Cities.

A group of developers in love with this new technology and all around it, supported by official institutions as Marbella´s townhall and Marbella´s Blockchain Cultural Association, launched this Blockchain to create technological apps for Smart Tourist Destinations.

Marbella, 5-star tourist destiny

Marbella is one of the most visited places in the world for its luxury and its tourist attraction. Its spectacular growth, which continued through the 20th century and the beginning of the 21st century, has made it a 5-star destination for luxury visitors. In addition, Marbella offers the largest concentration of golf courses in continental Europe.

The commercial attractiveness of Marbella gives it a place of exception among the most distinguished capitals in the world, occupying Puerto Banús a prominent place as synonymous with glamor and excellence. The most prestigious international companies such as Lamborghini, Versace, Gucci o Bvlgari have turned this place into an incomparable reference of luxury and distinction.

Thanks to illustrious characters such as the German-Spanish Prince Alfonso de Hohenlohe-Langenburg, the Countess Gunilla Von Bismarck (great-granddaughter of Chancellor Otto Von Bismarck), Count Rudi, Rudolf Graf von Schönburg (founder of the Marbella Club), the legendary actor Sean Connery or the new monarch of Saudi Arabia, Salman Ibn Abdelaziz, Marbella has become the epicenter of luxury throughout Europe.

Mcoin, Mchain’s fuel

Mchain counts with its cryptocurrency, Mcoin, which is used to pay the computational resources needed to execute the decentralized applications and the Smart Contracts in this Blockchain.

With the introduction of Mcoin as turistic-use currency, the commercial variables within the framework of Smart City are expanded. Shops and companies are making wider the network that accepts Mcoin as payment currency.

Smart Contracts & applications for citizenship

Mchain allows shops to generate their own Smart Contracts and create their own token, which they can offer to their customers exchange it for products or services which they commercialize. Points system, event tickets, etc.

Mchain applications are being developed inside Smart City environment which adapts new ways for decision making for the local government (data, analysis and knowledge) and new formulas which allows the local government cooperation with the different agents which are part from the Smart environment for the city development.

Technology

Mchain supports UTXO account systems, Smart Contract and consensus mechanism POS same as segregated witness procol SegWit and decentralized autonomous protocol. Its open source, visible to anyone in the Github´s repository code and its based in a open source platform.

Mchain is compatible with Ethereum Smart Contracts, therefore it not only gives users a safe cryptocurrency experience. It also allows massive third parts contracts and DApps which allows users to experience the functionality and the charm of Blockchain technology.

It also allows Proof-of-Stake support, making possible create new blocks with low power devices as Raspberry Pi. This is much more respectful with the environment than Bitcoin POW mining.

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ICO

This project has not added information about ICO (Initial coin offering)
$48 080.06 $3 273.02
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