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Pundi X makes the use of cryptocurrencies 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 point-of-sale device installed at physical retail locations. Pundi X has shipped its XPOS devices to over 25 countries worldwide and issued over 50,000 crypto top-up cards. The Pundi X crypto payment mobile app, XWallet, amassed over 100,000 registered users within less than three months of its official release. NPXS serves the Pundi XPOS application, used for paying transaction fees, rewarding members, encouraging consumer use of the platform. Simultaneously, it helps merchants increase revenue, enhance 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. "We are proud that the Pundi X POS is about to launch within HARAs already impressive agricultural partner network, which can help facilitate their efforts to improve this vital sector of the global economy and the lives of hundreds of millions of people who depend on it."
Project Highlights
Pundi-X aims to establish the worlds most extensive and decentralized network for cryptocurrency sales through partnerships with brick-and-mortar stores, deploying POS systems in various outlets while also catering to wallet usage, cross-chain payments, credit scoring, and other functional needs.
The entire blueprint of the Pundi-X project can be divided into three functional modules:
Pundi-X POS: By setting up POS terminals in small and medium-sized retail stores, it enables regular users to top up (purchase) cryptocurrencies and pay for goods, simultaneously building an extensive cryptocurrency sales grid;
Pundi-X Platform: Through platform operations, integrating major exchanges ensures optimized exchange rates and prices for cryptocurrency transactions and payments;
Pundi-X Credit Scoring System: By leveraging transactions and payments, it constructs a credit scoring system based on cryptocurrencies.
Technical Overview
Pundi X comprises 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, making it relatively easy for Android developers to transition to the Function X platform, as Pitt Huang asserts, "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."
Related Links:
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