Semtech Corporation: Semtech and MXC Foundation Announce Open LoRaWAN Networks The IoT collaboration delivers Smart City blockchain networks that connect LoRa devices Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, is collaborating with MXC Foundation, an organization dedicated to powering the future of IoT advancement on blockchain, in its efforts to deploy open networks leveraging the LoRaWAN protocol. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210311005208/en/ Semtech and MXC Foundation Announce Open LoRaWAN Networks (Graphic: Business Wire) "We are excited to be working together with Semtech to leverage the long range, low power and security benefits provided by LoRaWAN networks," said Xin Hu, CEO of the MXC Foundation. "The combination of block chain technology and LoRa devices allow us to quickly provision and connect the growing number of crypto miner M2 Pro devices that contribute to the MXC ecosystem. The resulting open blockchain LoRaWAN networks help communities take advantage of various Smart City solutions to maximize efficiency and reduce operating expenses."