Pundi X analyses

By PaloG | Cryptocurrencies news | 7 May 2019


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Pundi X brings payment ecosystem

XPOS, XPHONE, XWallet, and XPASS - to more consumers and businesses across the world

 

Pundi X is blockchain-based point-of-sale (POS) solution and solidifying partnerships with governments, payment companies, and retailers. 

The most obvious crypto use case is for transactions, but digital currency also plays a key role in promoting financial inclusion, overcoming foreign exchange issues, and even mitigating the instability of fiat currency.

Pundi X blockchain and its XPOS system has passed CE tests ( Conformité Européenne) - an accredited testing facility for th FCC and IC based on th United States.It includes the use of GSM, GPRS, EDGE, 5G,....

The XPOS devices are already live in 25 markets globally, and will expand into even more territories in 2019. 

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Do you want to hav a mix of standard phone and blockchain ? here it is .. XPHONE 

It does act as a node for the Pundi X blockchain, but you’ll still need a SIM card from a wireless carrier that supports unlocked phones. It’s creating an Ethereum-like platform where developers can distribute dApps to consumers; hardly a revolutionary statement.

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And what is backbone that all XPOS systems and XPHONE will run on ? .... f(x) ecosystem

The f(x) ecosystem is fully decentralized, designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.

 

Where to store yoir coins ? ... in XWallet

XWallet is a digital asset wallet application developed by Pundi X Labs.
It offers powerful features to manage your digital assets, including adding XPASS card accounts, managing multi-chain assets, such as BTC, ETH, NPXS, BNB, and more as well as making digital asset payment via QR code.

 

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How to pay with pundi ?... with XPASS card

XPASS - With the Pundi XPASS card, you can buy or sell with a single swipe.

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New service coming soon...

Open Platform supports blockchain developers, digital asset issuers and businesses to freely apply and list their custom digital assets onto Pundi X’s payment ecosystem, including XWallet, XPOS, and XPASS cards.

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Developers and merchants can now easily make their digital assets available to serve various offline and online payment scenarios. The Open Platform will first support ERC20 tokens and later expand to digital assets of other blockchain.

 

All the mentioned features/services/devices are quite positive for this coin BUT...

...there are som delays, e.g the company was not able to ship as many XPOS's - their point of service device that accepts cryptocurrencies - as planned, postponed their XPhone launch, while the date of the public testing of their Function X testnet is not clear now.

Pundi X shipped only 5,500 units of XPOS out of target od 50.000 Still, their long-term shipping target of 100,000 shipped devices, set for 2021, remains unchanged, according to their spokesperson.

Maybe because of bear market....

 

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PaloG
PaloG

blockchain entusiast


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