submitted by crypt0hodl1 to PundiX [link] [comments]
We’re close to capping the first half of the year, but we assure you that Pundi X has barely scratched the surface in terms of what we can offer in 2019. A lot of works are in progress which we will announce when ready. Nonetheless, we have achieved some very promising milestones for the past few weeks, further highlighting our commitment to bringing easy payments and unparalleled crypto experience to our clients. More product enhancements, merchant activation, greater engagements, and higher security standards — these are what we have delivered last month.
Product DevelopmentXPOS certified by FCC and KC
We are proud to announce that XPOS received certifications from the Federal Communications Commission (FCC) and Korea Certification (KC), on top of the certification it has already received from CE and TRA. These certifications will certainly help build XPOS a trustworthy blockchain device as these markings indicate that from a safety and environmental protection perspective the XPOS can confidently be used by their customers.
Pundi X Open Platform is available for token listing from May 11
At the beginning of the month (1st May) we’ve launched Pundi X Open Platform that allows blockchain developers or businesses to sign up for a developer account to list their ERC20 tokens throughout XPOS, XWallet and XPASS. Not only that, now the developers have the option to create customized XPASS cards. To learn more about how to list on the Open Platform, you can read the instruction here.
NPXS buy back to incentivize quality blockchain developers to list on the Pundi X Open Platform
After announcing Pundi X Open Platform, the team has allocated the tokens from the Partnership Reserve Fund (PRF) to encourage good blockchain projects to list on Pundi X payment platform by subsidizing their initial liquidity pools. The source of PRF is the NPXS that we buy back from the open markets. On May 20, we executed NPXS buybacks equivalent to 500 ETH at around $0.00072 dollars on May 20, 2019.
This month we continue improving XWallet by adding more features and support. Here is a list of improvements we made in May:
We’ve also working hard to make XWallet app on more platform. It is now available on Samsung Galaxy Store.
You can use XWallet app for not only topping up and paying cryptos instantly with XPOS merchants across 30 countries but also sending tokens to any XWallet user in the world without fee when the receiver uses the ‘Collection’ feature. Most of XWallet users are also using staking feature from both XWallet and their own ERC20 private wallets to get FX tokens.
As of today, XWallet has more than 200,000 registered users and growing.
Merchant Adoption and XPOS partner updateDoshEx brought crypto payment to coffee shops in South Africa
Dosh Exchange is now expanding their XPOS footprint to coffee shops in South Africa. Pundians can now enjoy the best coffee in town using XPOS. XPASSes can also be bought in-store and used at the counter immediately.
iBank introduced Cao Jun XPASS card during New York Blockchain week
Limited editions of Cao Jun XPASS card powered by Pundi X and IOST have made its first appearance during a Night at BlockchainImpact event on May 15 during the blockchain week in New York. The cocktail gathered Limited Partners (LPs) and General Partners (LPs), family offices, corporate investment offices, and individuals for networking opportunities and blockchain investments. To get the limited editions of CaoJun XPASS cards, you can order them at https://www.ibankdigital.io/ibankxpass
Pundi X and BlockVibe
Thanks to BlockVibe’s cryptocurrency savvy members, Pundi’s XPOS system will now be available in more businesses in the future. This new partnershipwill not only bring cryptocurrency closer to becoming a mainstream form of payment, but will also cement Pundi X’s crucial role in helping realize this possibility.
BlockVibe has successfully held an event on the Korean American Chamber. In this event, XPOS has been introduced to the participants. In the near future, there will be more and more XPOS merchants activated by BlockVibe.
Bit2Big in Blockchain Summit Nigeria
On 24th May, the CEO of Bit2Big and blkchainafrica, Mr Kiberu Nagenda was presenting at BlockchainSummit Nigeria. Summit participants can also experience the transaction via XPOS devices.
Pundi X EventsPundi X at the BitConfBR in Sao Paulo
Pundi X Brazil team had an action-packed weekend at BitconF held from 6 to 9 May. Attendees headed to our stand and top up cryptos in their XPASS cards and XWallet, while learning more about our company and our advanced XPOS technology.
La Conexion Conference in Medellin
During 21–22 May 2019, Brazil Country Manager of Pundi X Joao Victor Mendes attended the La Conexion Conference held at Country Club Medellin, Colombia. Joao discussed the adoption of digital assets and their direct impact on the retail industry, in light of the huge potential for blockchain development in Latin America.
Keynote at Blockchain Finance Conference, APAC in Singapore
On May 8 2019, Vic Tham, CEO of Quantum Energy Asset Management and Chief Investment Officer of Pundi X Labs was a speaker at Blockchain for Finance Conference, APAC. Vic Tham has delivered keynote regarding investing in Blockchain or Fintech startups.
Bitcoin Pizza Day
On 22 May 2010, programmer Laszlo Hanyecz bought two pizzas for 10,000 bitcoins. Known as the first real-world transaction with bitcoin, this event paved the way for greater exploration into the world of crypto payments. To learn more about the history, you can read the revolution of cryptocurrency payment at CoinMarketCap.
Pundi X is grateful to be a part of this massive revolution, and of course we celebrated the day by satisfying some Bitcoin Pizza Day-induced cravings. We partnered with Papa John’s in Seoul and offered pizza discounts to anyone who used their XWallets to purchase from the store as well as hosting a 24 hour online XPOS flash sale.
XBlockchain Meetup in Seoul
The following day in Seoul, we held an XBlockchain Meetup with Function X Foundation and Dapp.com. In the meetup, we have shared the update and ongoing R&D progress, including upcoming integration with Binance Chain and new social networking service on Function X ecosystem, FX Thread (code name). XWallet users will be the first to preview and test this service before the launch of XPhone.
David Ben Kay, Chief Legal Counsel of Pundi X, has officially onboard to lead Function X Foundation. He shared the foundation vision and status of Function X development in this meetup.
InnoVEX Forum in Taipei
On May 30, I had the honor to be invited to deliver keynote about blockchain for smart payment at InnoVEX, one of Asia’s leading startup platforms in conjunction with Computex 2019 and later participated the panel led by Jason Hsu, Taiwan’s Crypto Congressman with Dominik Schiener from IOTA and Jeff McDonald from NEM Foundation.
Pundi X joins the Blockchain Collaborative Consortium in Japan
Japan-based Blockchain Collaborative Consortium (BCCC) welcomed Pundi X on 27 May, in a step for us to engage Japanese institutions and regulations and develop awareness around blockchain. According to BCCC, they promote the widespread adoption of blockchain technology, particularly through the acquisition of latest information and basic knowledge of blockchains, training of engineers and planners, formation of network willingness of practical experiments and implementation, and the implementation of blockchain related business to be widely notified to the market and the adoption of blockchain to various businesses.
The crypto space in Japan is growing at a desirable rate, and we are hopeful that Pundi X will be one of the frontliners in helping BCCC achieve its goals.
NPXS token removalhttps://preview.redd.it/xhwud1tuhv231.png?width=699&format=png&auto=webp&s=ae5b9e62f58668d382d89557da1ec0f6ef4aa30a
Pundi X team has executed the token removal as planned on May 11, 2019. A total of approximately 14.5 billion (7.59 billion of NPXS and 6.95 billion of NPXSXEM) have permanently removed from the supply. You can check the details here.
Monthly unlock token mechanism is completedThe monthly unlock tokens came to an end on May 31 as announced. The team will complete the last batch of unlock NPXS and NPXSXEM by mid June. After that, there will be no monthly unlock tokens.
For the KYC verified NPXS/NPXSXEM XWallet users, don’t forget you have the option to hold your NPXS/NPXSXEM to stake for FX tokens till March 19, 2020.
That’s all for the highlights of Pundi X Insider in May. Hope you enjoy our progress. I look forward to sharing our next update in June!
Last weekend, the Bogota Chamber of Commerce held the cycle of conferences called "The future of Blockchain in Latin America" . Event that brought together experts and local participants of the Blockchain ecosystem as well as special guests from Russia and Brazil.submitted by crypt0hodl1 to NPXSXEM [link] [comments]
In addition to the participation of the representatives of U.Community , the NEM director for Latin America, Pedro Gutiérrez, took advantage of the space to share with the attendees some data about the Blockchain network that operates the foundation based in Singapore, which has been considered as one of the most solid and promising block networks at present.
Blockchain technology from NEMGutiérrez, began his speech by talking a little about the NEM technology, indicating that it is not only a Blockchain that operates a cryptocurrency, but also integrates a series of improvements that accredit it as a network of third generation blocks, far exceeding the properties offered by the Ethereum ecosystem at the level of development and services.
The director of NEM said that the company's public Blockchain is capable of processing more than 4,000 transactions per second, a figure that increases exponentially for its private network. Among the services that NEM offers to programmers and developers are an encrypted communication system for the transmission of important information; an apostille service to protect the property and authenticity of a product; a mosaic system for the creation of new tokens and digital assets; a service for the creation of domains, Wallets multifirma and voting service, which can be developed with programming languages known as Java, Python, among others.
Gutiérrez stressed that the NEM Foundation has taken important steps in its expansion plan in the continent, but at the level of Colombia it mentioned as important alliances the recently established with the City Hall of Cali and with the Municipality of Córdoba. He also made reference to the progress that has been made in the development of his protocol, which has been strongly supported by Venezuelan programmers who have devoted great efforts to the evolution of their service offerings.
To illustrate to the attendees the applicability that NEM technology has had, Gutiérrez presented some very successful actual use cases:
PundiX and the points of sale for crypto paymentsThe last conference of the event was in charge of Joao Victor Mendes, representative of PundiX for the Latin American region, who presented again the attendees the point of sale developed by the company, better known as XPOS.
Mendes developed in more detail some points that he commented previously during the MeetUp held in the city of Bogotá earlier this month , as he commented a bit about the mission / vision that inspired the creation of the product which is based on the idea of making easier for all people to access cryptocurrencies as simply as shopping in a warehouse or market. He also indicated that only 1% of the world's population makes use of digital currencies and that these assets have proven to be very useful for residents of countries heavily hit by economic and political debacles, as it was in the USA and now It occurs in Venezuela and Argentina.
After sharing this data, Mendes showed the attendees the XPOS device and demonstrated its operation by using the XPASS card. The point of sale operates with several cryptocurrencies (Bitcoin, Ethereum, XEM, Litecoin, Binance ... among others) and supports different payment methods, such as the use of debit / credit cards with chip and transfers via QR code scanning. The Hardware generates a physical proof of the operation and is protected against hardware modifications as well as practices that may be considered illicit.
Mendes indicated that the product uses NEM layer technology to speed up payments, so when receiving transfers with Bitcoin or Ethereum it is not necessary to wait so long for verification of transactions. At the same time, he indicated that they will soon launch updates and operate on their own Blockchain network, so that interested creators can develop solutions that involve the use of the XPOS device.
As a final point the representative of PundiX indicated that the company has just launched its network in Hong Kong and will soon do so in Japan and South Korea, with the goal of expanding next year this possibility for the Colombian territory.
Before culminating Mendes officially announced that they had closed a commercial agreement with Manticora Capital, company that would carry out the official distribution of the equipment in Colombian territory. The new business partners indicated that they see great potential in this product, since the technology with which this has been developed can be applied to implement even a system of points supported by the legal currency in the country.
Binance Charity Foundation is taking substantial steps in that direction by increasing the transparency of donations so we can see where the goodwill of the donors is going and what impact it has.” MEP Kaili saw hidden banking fees an area where blockchain can make some meaningful changes, arguing, “USD 130 billion of hidden fees are now the reality for the banking sector and any ... The number of Bitcoin ATMs in the country, the most in South America, speaks volumes when analyzing the degree to which the Bitcoin imprint is becoming more visible. There are now 17 ATMs around cities across the country. The city of Medellín, the second largest in Colombia, has recently installed the third Bitcoin ATM in one month. Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Cryptocurrency in Colombia is positively thriving. The overwhelming majority of the population is familiar with Bitcoin and other crypto-assets. The country now boasts a highly tech-savvy ... Today, exchanges like Binance.US are more sophisticated and focused on the audiences that will use them. In the early days of Bitcoin, the idea was limited to those with knowledge of coding and ... Colombia’s proven experience in the software industry, combined with the government’s interest in developing and implementing blockchain applications and the passion of its technical workforce, has provided a strong foundation ... Foundation year: 2017; Deposit Options: 350+ Cryptocurrencies and Debit/credit cards; Minimum Deposit: 1$ Max Leverage: 20x; Options: Crypto; Binance Review. Binance launched in 2017 and since then it has grown to be the biggest exchange in the crypto industry. Having 350+ cryptocurrencies for trading, accompanied by high security the exchange is considered THE place to go for altcoin exchange ... On April 2, 2020, Binance posted on its blog that it acquired CoinMarketCap.com (CMC), the best known crypto data site. It’s been reported that the size of the deal was $400 million in a cash and equity and that Brandon Chez, the founder of CMC was stepping down. He was replaced by Carylyne Chan, CMC’s […] The Colombia-based startup Valiu offers Latin Americans access to remittances and bitcoin-backed, synthetic dollar savings accounts. This means you can send fiat across borders and, when you’re ... IBM And Colombia Work to Deploy Blockchain Projects In July 2018, IBM and Columbia renewed their longstanding relationship with the foundation of the Columbia-IBM Center for Blockchain and Data Transparency. The two parties agreed to together develop and deploy an inclusive plan that applies blockchain and innovative technologies to bring a ...
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