Blockvibe is happy to announce our latest partnership with Pundi X, one of the top digital currency in the cryptocurrency world today. This is just one of the many steps in which we hope and plan to make cryptocurrency and blockchain technology the real deal. Through this partnership with Pundi X, Blockvibe will be a leading distributor of the digital asset, Pundi X. Our primary aim of partnering with Pundi X is to make sure as many businesses as possible get to accept cryptocurrency as a means of payment through the Pundi XPOS system when they transact.
We have chosen to partner with Pundi X because of their many innovative and value services they bring into the crypto world. They are the foremost digital currency launching the blockchain POS technology and they have a whole lot of use cases that will make the digital asset stand the test of time in both its value and acceptability among developers and users. One of the recent achievement of Pundi X is that it has just been certified by The UAE Telecommunications Regulatory (TRA) to fully roll out the Pundi X’s blockchain-based Point of Sale (POS) technology across the Emirates. This certification is guaranteed to pave the way for more adoption of XPOS in the UAE, North Africa, and the Middle East. This is the first of its kind as this certification means, Pundi X is the first blockchain POS smart device to receive a Telecom Equipment Registration Certificate in the UAE. This is one of the major reason we are partnering with a forward-thinking digital currency innovative company like Pundi X.
Our partnership is tailored at opening more frontiers for business owners and merchants to begin to adopt the use of the Pundi X POS device as a means of accepting payments and transactions when they do business either online or offline. We hope to increase the number of users on the Pundi X platform through our partnership and also ensure that cryptocurrency becomes what everyone across the globe see as a means of receiving and sending payment when they do business either online or offline.
Pundi X is taking the lead to make sure the cryptocurrency POS system is available to business owners and industries in order to make digital currency accessible to people across the globe. Pundi X is focusing on initial traction efforts in South East Asia, UAE and other parts of the world. Presently, Pundi X has over 100 thousand registered users in a few months and we are hoping to grow this number by spreading our tentacles beyond just North America and Asia. We will also explore Europe, Africa, and Central America through their open specification and open source for the adoption of their protocol. Doing this will help us to achieve sales objectives of cryptocurrency, growth, and usage of cryptocurrency.
Pundi X Open Platform
Pundi X is a decentralized digital asset and it is an open platform that supports digital asset issuers, blockchain developers, and businesses to easily list and apply their custom digital assets onto Pundi X’s payment platform such as XPOS, XWallet, and XPASS cards. Also, both merchants and developers will have the opportunity to make their digital assets available to serve different online and offline payment situations. The Open Platform is designed to initially support ERC20 tokens and will later extend to supporting digital assets of other blockchain.
The Pundi X platform will be made available as an open source and the hardware reference implementation specifications will be available under Creative Commons. The Pundi X solution will be easily deployable across the globe.
Pundi X POS Device
The Pundi X POS device will enable users to either purchase their new token directly or use the cryptocurrency they already hold in their wallet. The POS is a smart device that is connected to the Pundi X blockchain and it runs on the Ethereum network. This device is designed in such a way that it will have several advantages over Bitcoin ATMs.
Advantages of the Pundi X POS Device
· It is compact and of smaller size.
· It offers additional services.
· No extra charges; that is a lower cost when you use it.
· The system is open to Developers.
· Mobility; traders and users can use the device on the go even when they travel.
Why Pundi X Open Platform?
· It provides token users and developers with both online and offline payment of their customs tokens in the Pundi X’s ecosystem.
· It will enable merchants to use digital asset payment options, from different ERC20 tokens and custom-made cards, to other digital assets on various blockchains.
· It offers both users and token holders the opportunity to have more places where they can easily use their different digital assets.
Advantages for Developers of Blockchain
The advantages of the Pundi X ecosystem and payment system is enormous; it involves little or no product development costs. Token issuers, developers, and merchants will be able to circulate their diverse digital assets throughout the Pundi X’s global network or in their unique private network. With the Pundi X ecosystem, you can easily access both offline and online crypto users in order to grow your user base while leveraging on the power of blockchain technology.
Advantages for Pundi X Users
All tokens listed on the Pundi X Open platform are guaranteed to comply with both compliance and global security standards. Users will feel secured when they use tokens for everyday payment across XPOS, XWallet, and XPASS.
Blockvibe is here to go the length to ensure that we make digital currency the future currency for payment in stores and online businesses and this is why we will not rest on our oars with the partnership with Pundi X alone. We will go steps further to collaborate with the Chamber of Commerce from China, South Korea, Vietnam, Japan, and the United States of America to ensure that cryptocurrency becomes a means of payment through the use of the Pundi X POS.
At Blockvibe, we are fully committed to the course of ensuring that cryptocurrency and blockchain technology is accepted across the globe and as a result of this we will be making future announcements on every strides and partnership we enter into in the future. We implore our numerous followers across the globe to stay tuned for more ground-breaking announcements like this.