Dear Pundians,

July marked significant strides in product development and active community engagement. We remain at the forefront of pioneering payment solutions while deepening our connections within the blockchain community. Let’s dive into the progress we made.

Product Development

Launch of Pundi X Pay InStore QR code

This month, we launched Pundi X Pay InStore QR code, an AI-powered innovative crypto payment solution for merchants. This innovative solution is set to transform the landscape of physical store crypto transactions with the omni QR code payment layer, making it easier for merchants and customers to embrace cryptocurrency payments.

Circle Alliance Program and USDC support on XPOS

Pundi X has joined the Circle Alliance Program and added support for USDC on XPOS, Pundi X Pay, and p(x)Card. This integration broadens the utility of our payment ecosystem, enhancing flexibility for both merchants and users.

Pundi X Joins Circle Alliance Program and Adds Support for USDC to XPOS, Pundi X Pay and p(x)Card

Binance Pay API Upgrade

We have completed an API upgrade for Binance Pay on XPOS, further enhancing the efficiency and reliability of our services.

Community discussion on upgrade f(x)Core and rebrand Function X to Pundi AIFX

This month we are proposing to merge Pundi X Chain with Function X’s f(x)Core into ‘Pundi AIFX’ to overcome current Pundi X Chain’s technical limitations, creating a unified blockchain infrastructure. This new system will integrate the strengths of both Function X’s f(x)Core and Pundi X Chain.

Read the full discussion at https://forum.starscan.io/t/temperature-check-upgrade-f-x-core-and-rebrand-function-x-to-pundi-aifx/

XPOS Merchant Highlights

Luxury Car Purchases with Crypto

Thobela-Cars in South Africa now accepts cryptocurrency for luxury cars like Ferrari, Bentley, Aston Martin, Jaguar, and Porsche via XPOS. This expansion into high-end markets underscores the growing acceptance and practical utility of crypto in diverse sectors.

Community and Events

Pundi X actively engaged in numerous significant events around the globe, each contributing to our strategic goals of fostering understanding and broadening the adoption of blockchain and AI technology.

AI NExT Forum in Taiwan

We joined industry leaders to discuss the latest innovations in generative AI developments, and discover how AI can drive the future of crypto payments.

Malaysia Blockchain Week

Our team participated in this key event, engaging with local and international experts to discuss trends and innovations within the blockchain ecosystem.

OffChainTokyo in Japan

Sponsored by Pundi X, Bitcoin.com, and Ivy Maker, the event in July featured Chainsight as a special guest and highlighted our commitment to strengthening community ties. During the event, we also showcased the XPOS device.

Pundi X co-hosed Base’s first Onchain Summer Community Meetups in Indonesia

We were thrilled to spearhead meetups that fostered in-depth discussions on Base blockchain adoption and community-building within the region.

Pundi X Co-Hosts Base’s First Onchain Summer Community Meetups in Indonesia

Q2 2024 Progress Report AMA

Progress report AMA provided an overview of our achievements in Q2 2024 and upcoming initiatives. In this AMA, we also invited Pundi X franchisee in South Africa to share the state of XPOS adoption in first half of 2024. You can read the full report or watch the video below.

Q2 2024 Progress Report

Function X XSpace Session to discuss the merge of Pundi X Chain and f(x)Core

Zac Cheah and David Ben Kay engaged with the community to discuss the proposal to merge Pundi X Chain and f(x)Core. Listen here.

DePIN and AI Discussions

Pundi X joined Farmsen XSpaces discussed the integration of DePIN and AI technologies. Session link.

Another enlightening discussion at DigiFinex X Spaces about DePIN, reinforcing our commitment to these technologies. Listen here.

SATSDAY Giveaways

The new round of the SATSDay Bitcoin giveaway winners has been announced, celebrating the engagement of our community members. Congratulations!

Media Coverage

Pundi X new product launch mentioned in the CoinDesk’s Protocol Village Article

This article includes all major developments in the crypto space during July 18–24, including Pundi X Pay InStore QR code launch.

Protocol Village: Hemi Labs Announces ‘Hemi’ as Modular L2 Focused on Interoperability Between…

Forbes Feature on Ethereum ETFs

Zac Cheah discussed the transformative potential of SEC-approved Ethereum ETFs, highlighting our forward-thinking approach.

Ethereum On The Brink Of Market Transformation As ETFs Get Green Light

Ethiopia’s CBDC Initiative includes Insights by Pundi X CLO

David Ben Kay, our Chief Legal Counsel shared his thoughts on the potential impacts of Ethiopia’s new CBDC framework. Read more.

July has been a month of meaningful progress and engagement for Pundi X. Thank you to everyone who participated in our events and discussions. We look forward to continuing our work, fostering growth, and exploring new opportunities in the blockchain field, especially developments of merging Pundi X Chain with f(x)Core.

See you next month!