In telecommunications, a communication protocol is a system of rules that allow two or more entities of a communications system to transmit information via any kind of variation of a physical quantity. The protocol defines the rules syntax, semantics and synchronization of communication and possible error recovery methods. Protocols may be implemented by hardware, software, or a combination of both.
GloboX can be used as the utility token for the M2M communication in conjunction with a defacto standard MQTT (telemetry transport protocol developed from IBM).
GloboX utilize the M2M communications as a Payment System. This is a Revolutionary approach.
By the given fact that there are already at least 7 billion devices communicating with each other, GloboX can be used in billions of transactions.
Total token supply: 1 billion GLBX, of which:
• 100% sold in the tokensale
Mar 31-May 01
May 02-May 31