Pundi X is a payments solution company that operates in the Fintech sector. It is a leading developer of Blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, and an XPass smart card where users can buy, sell, and trade cryptocurrencies with a swipe. It also enables merchants and consumers to do transactions on the Blockchain in physical stores.^[1]

About

The NPXS is designed to give people across borders more access to digital currencies and further increase their utility around the globe.” To accomplish this, Pundi X has built an ecosystem including hardware equipment and software products to help physical retail stores to buy, sell, and accept cryptocurrency.^[2]

The primary hardware product is the Pundi XPOS, a Blockchain-enabled point of sale (PoS) device for merchants that can facilitate crypto payments and transactions through mobile wallets. In addition to processing transactions, Pundi XPOS has its own app store where developers can create applications (such as wallets, insurance services, loyalty programs, retail intelligence, order management, and inventory management systems) for retailers to grow their businesses. NPXS tokens are required to publish an app on the Pundi XPOS app store.^[1]

The Pundi X team has also created XPass, a “smart card” where users can buy, sell, and trade cryptocurrencies with a swipe. With XPass, users can also make purchases at retailers that have the Pundi XPOS system. The team plans on incentivizing participation in the Pundi X network by offering free XPOS systems to retail stores in select countries. The company plans on rolling out a minimum of 100,000 XPOS units to the global retail market by February 2021. According to the company, the PoS device has already been shipped to over 30 countries including Australia, Colombia, France, Korea, Switzerland, South Africa, Taiwan, United States, and Uganda.

Functionality

PundiX allows users to send and receive cryptocurrencies through digital applications and hardware devices.

They have a device that facilitates cryptocurrency payments through a card similar to a magnetic credit card. Their goal is to make the purchase of cryptocurrency as easy as purchasing water bottles. Bitcoin, Qtum, Litecoin, Ethereum, Zcash, Stellar Lumen, and Binance Coin can all be purchased on the application.^[1]

Tokenomics

Pundi X (NPXS) is the native utility Token that powers the Pundi X platform. According to the website, the mission of NPXS is to enable digital currencies to be more accessible to more people across the borders and further increase the utility of digital currencies.” To accomplish this, Pundi X has built an ecosystem including hardware equipment and software products to help physical retail stores to buy, sell, and accept cryptocurrency.^[2]

Pundi X is traded on top exchanges like Binance, Bithumb, and Bkex. Pundi X had an all-time high of $0.019830 over 2 years ago.^[3]

Management Team

Zac Cheah CEO and co-founder. A former W3C Chair of HTML5 Interest Group. He was a scholarship recipient at Sweden KTH (M.Sc Computing) and Norway NTNU (M.Sc Security). Zac spent 12 years in tech in the browser and mobile gaming market.^[1]

Pitt Huang CTO and co-founder. An entrepreneur who sold his first Groupon-like company at the age of 25. He has started and sold several successful startups. Pitt studied a B.Sc Engineering at Xi’An Polytechnic University. He is a gadget lover.^[2]

Constantin Papadimitriou (Kiki) President. 17 years experience as founding CEO of two Indonesian fintech companies - Infinetworks and E2Pay; He has an M.Sc in Computer Science (Purdue University) and B.Sc in Computer Science (University of Tulsa).^[3]

Danny Lim CFO and co-founder. An APAC financing expert who has product design experience with Baidu and Lenovo. Danny is a PhD Law scholar from Tsinghua University and holds ACMA and CGMA accounting qualifications.^[1]

David Ben Kay Chief Legal Counsel. Has over thirty years of legal and tech experience. Prior to Pundi X, he was Ethereum Foundation's governing board member, General Counsel of Microsoft China, and Managing Partner of Denton Hall. David graduated JD from UCLA.^[2]

Peko Wan Chief Ecosystem Officer. Has over 15 years of experience in the IT industry. Before joining Pundi X, she worked for Opera Software and Ogilvy & Mather. Peko received her MBA from the Marshall School of Business, University of Southern California, and a Bachelor of Arts in Foreign Languages and Literature from National Sun Yat-sen University.^[3]