May has taken us to Amsterdam, Bali, Beijing, Hochiminh City, Manila, New York, Seoul, Sao Paulo and in between as we saw the first edition of our new XPOS technology roll off the production lines in preparation for shipping in the next few weeks. Here’s a summary of everything we’ve been up to; as ever you can also find a complete account of these happenings in April here.
Pundi X debuted its new XPOS device for the first time this month, in midtown Manhattan at Consensus 2018, the world’s largest gathering devoted to blockchain and cryptocurrencies.
We fielded hundreds of inquiries at our booth in the NEM pavilion from token holders, supporters and general blockchain enthusiasts.
Meanwhile, our co-founder and CEO, Zac Cheah, demonstrated our new technology to the conference and fielded numerous inquiries from participants and reporters, including from Reuters and Quartz.
You can view Zac’s speech here.
Pundi X also established a partnership with Wanchain during Consensus 2018.
Central Bank issues electronic money license for Pundi X fiat partner
Pundi X’s fiat partner in Indonesia, E2Pay, has received an e-money license issued by the central bank of Indonesia. It’s a vital step for both E2Pay and Pundi X to expand the cashless payment business in Indonesia.
E2Pay co-founder and Pundi X President Constantin Papadimitriou outlined the many benefits of an electronic-money licence and the scope for future synergies between the two businesses.
Partnership with AMCHAM Korea to bring our technology before world’s leading multinationals
Pundi X’s advisor Jeffrey Jones and CFO Danny Lim were in Seoul this month to sign a Memorandum of Understanding with the American Chamber of Commerce Korea (AMCHAM). AMCHAM will help introduce and promote Pundi X blockchain-based point-of-sales solution to its members.
“Korea is a key market for the deployment of cryptocurrencies and, it of course follows, for Pundi X,” said Danny. “We are very pleased by the level of interest shown by Korean merchants and consumers.”
Pundi X team was especially busy this May and organize meetings and educational workshop in Europe, China, Latin America and Southeast Asia.
The new XPOS made its debut in Amsterdam last week to a packed house of approving Dutch Pundians.
The Pundi XPOS was also featured at a Startup Grind event in Sao Paulo at a meetup sponsored by Google for Entrepreneurs before a crowd composed of investors, enthusiasts and finance industry professionals.
And thanks to the Educo-coop, Pundi X was given the opportunity to debut its new model at events in Seoul and Beijing.
Last but not the least, some highlights of our meet-ups in Vietnam and Philippines.
A new chief counsel
In a major hire for Pundi X we announced this month that David Ben Kay, the former chief lawyer to Microsoft China and an advisor to the Ethereum Foundation during a period of critical growth for that currency, is joining Pundi X as our new chief counsel. He will assist Pundi X in navigating international legal and regulatory issues as it targets a global rollout of 100,000 XPOS devices over the next three years.
David had this to say about joining Pundi X: “I’ve worked as an advisor to a number of blockchain-based startups, but it was Pundi X’s mission and the clarity of vision and passion of the Pundi X team that made me want to join them and contribute whatever I can to their success.”
Status of exchange listing
New exchange. On May 13th, Hotbit opens NPXS/BTC and NPXS/ETH trading pairs.
100 goal completion of community voting for listing NPXS on Bit-Z
More than 1,500 members of the Pundi X community successfully participated in a community building event with Bit-Z by voting for our token, $NPXS, to be listed on the exchange. We would like to take this opportunity to shout out to our community and thank you for your dedication and strong support of the Pundi X project.
Bit-Z has confirmed it will list $NPXS with details to follow. Bit-Z is a top-ten exchange.
OKEx Community Building Event kicked off!
To thank your strong support of OKEx twitter campaign, we are now hosting a OKEx community building event and give out a total of 6 million of NPXS and NPXSXEM as bonus for the first 3,000 members who successfully register a NEW OKEx account and deposit 1ETH. The event will be ended on June 27. We look forward to getting 3,000 new registrants on board. For more detail, you can read at https://medium.com/pundix/pundi-x-will-host-an-okex-community-building-event-d80f2af20de1
Media interviews, reviews and coverage
Pundi X was widely featured in the media this month but here are two of our favourite features, in which senior company figures provide thought leadership on emerging issues relating to the operation and regulation of blockchain technology.
David, our new chief counsel, was quoted in Indian newspaper The Hindu about tricky issues of blockchain regulation.
Stephen DeMeulenaere also authored a piece in Business Today outlining the mechanics of how blockchain can be used to securely process data.
That’s all… for now
Thanks for reading about an exceptionally busy month. Please be sure to keep updated with our progress in the next month as we announce even more partnerships, news and, of course, the latest step in the journey of our new XPOS technology which starts shipping next month.