Word clock is used to line up the sampling rates of two digital devices, and doesn't include any location timing information. It just spews out a sample rate clock for another device to sync to.
You will need to have midi I/O on your soundcard to use midi clock or midi time code (which is a form of SMPTE time code).
MMC stands for Midi Machine Control, and is just used for transport functions, like to start a machine playing from another machine, or to rewind a machine, etc.
Thanks for that concise answer. My quest continues.
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