A new path to decentralization: Function X
We’re proud to announce today that, together with Dubai’s official government credit bureau and our regional distribution partners, ebooc & loyalty labs, we will be bringing digital payments to the public sector in an historic moment for the adoption of blockchain.
The newest edition of the Pundi XPASS has been used by hundreds of representatives from the Korean arms of the world’s largest companies at a forum on the future of blockchain in Seoul, one of the world’s crypto capitals.
Taipei will host the world’s first major music festival to run on blockchain technology as more than 30,000 revelers at next month’s Ultra Taiwan 2018 pay for goods and services in Ultra Coin on Pundi X technology.
Pundi X has always been a community project. We have lived the mission of making sure the community comes first and we are constantly learning from discussions on social media and in real-life meetings.
We are restructuring, re-coding and re-engineering a new way to support the blockchain ecosystem.
In August, we start shipping our XPOS devices in a larger scale. It’s a new era of the Pundi X project, six months after the completion of our public token sale. You will begin seeing merchants and others using our XPOS in the launch markets listed. This also means the beginning of revenue generation from cryptocurrency transactions and a reduction in the total supply of NPXS as we have outlined in the blog post here.