The PUNDIX token was derived from the old Pundi X (NPXS) smart contract swap to PUNDIX and a 1000:1 token reduction.
Pundi X makes cryptocurrency use more accessible, as it allows users to buy and use cryptocurrencies anytime and anywhere in their daily lives. Its mission is to enable everyone to own and use cryptocurrencies. This will make Pundi X the worlds largest decentralized offline cryptocurrency network. It is decentralized because the ecosystem and transaction records exist on the blockchain. It is offline because our entry point is through the XPOS, a POS device installed at physical points of sale. Pundi X has shipped its XPOS devices to over 25 countries globally and issued over 50,000 crypto top-up cards. The Pundi X crypto payment mobile app, XWallet, had over 100,000 registered users within three months of its official release. PUNDIX serves the Pundi XPOS application, used for paying fees, rewarding members, encouraging consumer platform usage, and helping merchants increase revenue, improve customer satisfaction, and promote the development of the Pundi X platform.
Project Vision
A founding goal of Pundi X is to bring the benefits of blockchain technology and digital payments to the unbanked and promote financial inclusion and independence," said Constantin Papadimitriou, President and Co-Founder of Pundi X. "Were proud that the Pundi X POS will soon be deployed within HARAs already impressive agricultural partner network, which can help advance their plans to improve this vital sector of the global economy and the lives of millions of people who depend on it.
Project Highlights
Pundi-X aims to create the most extensive and decentralized global network of cryptocurrency sales by partnering with brick-and-mortar stores, setting up POS systems, while also addressing wallet usage, cross-chain payments, and credit scoring needs.
The entire Pundi-X project blueprint can be divided into three functional modules:
Pundi-X POS: By deploying POS machines in small and medium-sized retail stores, it enables ordinary users to top up (purchase) cryptocurrencies and pay for goods, creating an extensive cryptocurrency sales network;
Pundi-X Platform: Through platform operations, integrating major exchanges, it optimizes the efficiency and pricing of cryptocurrency exchange and payment rates;
Pundi-X Credit Scoring System: Through transactions and payments, it builds a credit scoring system based on cryptocurrencies.
Technical Overview
Pundi X consists of five components that make it a truly decentralized solution: Function X OS, Function X Blockchain, Function X IPFX, FXTP Protocol, and Function X Docker. Function X OS is based on Android OS 9.0, allowing Android developers to transition relatively easily to the Function X platform, as Pitt Huang claims: "We also believe that creating and publishing new distributed applications using this protocol will be easier than ever. Every device in the Function X ecosystem will be a node, each with its address and private key uniquely linked to its node name, unlike traditional URLs and IP addresses."
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