What Is Pundi X (PUNDIX)?

Pundi X is a comprehensive, end-to-end, contactless and mobile commerce point-of-sale (POS) system that includes a complete reference solution of all elements. The platform incorporates a mobile application, a contactless smart card, and point-of-sale (POS) devices. Pundi X aims to make cryptocurrency transactions more approachable to individuals across boundaries while also increasing the value of digital currencies for everyone.

According to its Whitepaper, Pundi X seeks to attract the next billion crypto consumers by allowing them to acquire cryptocurrency from anywhere and at any time. The platform aspires to become a leading decentralized, offline cryptocurrency exchange. Pundi X is called 'decentralized' since the blockchain's infrastructure and transaction details are stored. The platform also encourages participants to enter the Pundi X network by making it accessible and easy to use, and convenient for mobile payment. 

Pundi X intends to address the issue of reducing the complexity of dealing with cryptocurrencies by providing many end-user layers, including a mobile wallet and a contactless smart card. The Pundi X platform seeks to enable businesses to link their current POS device to the Pundi X platform and receive payment in place of trading cryptocurrency and the trade of daily products and services.

The Pundi X POS is an innovative device designed to distribute cryptocurrency and is linked to the blockchain, allowing each transaction to be logged. The intelligent machine is a cryptocurrency-based point of sale system which is used to purchase tangible products.

PXS is an ERC-20token used as "gas" in the Pundi X ecosystem to fund trades. To connect to the Pundi X network, organizations or individuals must pay a transaction fee in PXS. The platform always seeks to create new methods to leverage the potential of blockchain technology to achieve financial inclusion. 

History of Pundi X (PUNDIX)

The Pundi X network started its operations in 2017. Pundi X's CEO and co-founder are Zac Cheah; Constantin Papadimitriou (Kiki) if the president, and the CFO and co-founder is Danny Lim.