PundiX is an interesting company. They are an Indonesian company headquartered in Singapore. Their goal is to make crypto mainstream.
They have developed a number of products including their token, NPXS, XPOS, XPass and BOB - A mobile phone that runs on the Blockchain.
As a company, they have done very well. They have physical offices in Jakarta, London, São Paulo, Seoul, Tokyo, Shenzhen and Singapore. They have over 150 full time staff as of August 2018, half of which are R&D focused.
Their CEO and co-founder is Zac Cheah. Zac is the former W3C Chair of HTML5 Interest Group. He was a scholarship recipient at Sweden KTH (M.Sc Computing) and Norway NTNU (M.Sc Security). He spent 12 years in tech in browser and mobile gaming markets.
Use digital currency anytime, anywhere.
In 2019, Pundi X will bring its payment ecosystem - the XPOS, XWallet, and XPASS - to even more consumers and businesses across the world. We have been deploying our blockchain-based point-of-sale (POS) solution and solidifying partnerships with governments, payment companies, and retailers. Together, we will achieve fast-paced growth.
PundiX's innovative system is based around the FuntionX Blockchain. What is FunctionX? Function X is more than a blockchain. It is a decentralized ecosystem, consisting of a f(x) public blockchain, f(x) operating system, FXTP transmission protocol, f(x) docker, and f(x) IPFS. For more info, visit https://functionx.io.
PundiX is, quite reasonable in my opinion, very bullish in their outlook for 2020. Here is a clip from Zac Chea:
They have announced a very ambitious development schedule for 2020:
Q1 2020
- Enable XPOS® to accept crypto payment from decentralized wallets.
- Launch XPOS® Reseller Program.
- Launch Brazilian website.
- Develop buy-crypto option on XPOS® for decentralized wallets.
Q2 2020
- Activate DeFi features in XWallet.
- Set up XPOS® distribution network in Argentina.
- Expand XPOS® platform on more Android-based MPOS devices.
Q3 2020
- Set up more XPOS® distributor network in Europe.
- Expand XPOS® platform to non Android-based POS devices.
- Conduct alpha testing of Pundi X platform on Function X blockchain, including on-chain payment on Function X.
Q4 2020
- To be announced in July 2020
What is XPos
XPos is a Point of Sale device, but instead of accepting Fiat and linking to banks and Credit Card providers, it links to PundiX which accepts their native NPXS but also Bitcoin, Ethereum, BNB, QTUM, XEM, ENJIN and a number of others.
Pundi X team is now establishing the partnership with exchange platforms, cryptocurrency wallets, fashion brands, and chain store to launch cryptocurrency payment card. For the customers who don't know how to use the mobile payment to conduct a transaction, they can buy and use cryptocurrencies with ease.
XPass
This is a physical card, that looks just like a credit card. However, rather than linking to the Banking System, it links to the blockchain. To use XPass, you simply tap the XPOS unit and your chosen crypto is deducted from your balance and you have your goods.
XWallet
XWallet is a mobile wallet which has quite a few cool features. It incorporates typical wallet features for storage and exchange of crypto, but also has a Chat tab which uses the Telegram Conversation App, some games and promotions in the Extra Tab. At the moment there is a faucet function whereby simply pushing a button, you get rewarded with approximately $0.01 worth if NPXS every day.
BOB
Blok on Blok (BOB) is the first blockchain telephone in the world.
