Chinese state-owned telecommunication corporation China Mobile has developed a water purifier with a built-in computing chip and an IoT module. The smart appliance is intended to gather info on user behavior for suppliers and manufacturers. Depending on how long and how frequently consumers use the product, they will earn a blockchain token called PWMC, which they can then redeem for replacement filters, or to purchase other goods.
This rewards system will make blockchain relatable for the average person and provide an incentive for usage that’s lacking in other IoT products. “Our goal is to also attract those who are not in the cryptocurrency or blockchain community, who may have heard of this technology but not necessarily understand it. To embrace a more mainstream adoption, we need to turn something that appears professional into something that’s very ordinary,” Xiao Yi, a product market director at China Mobile IoT, told. Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.Currently, water purifier is available only through a crowdfunding campaign on Chinese e-commerce giant JD.com. Buyers will receive only the device; the tokens must be earned by using it.