When we unveiled the Function X blockchain to the world, we applied it first to telephony and messaging. The XPhone, and the first blockchain phone call, showed that we had a new protocol for communication that could take blockchain beyond the world of financial transfers.
At Consensus: Invest 2018 in New York, we introduced the QEX fund in partnership with Quantum Energy Asset Management (QEAM). Quantum Energy Asset Management (QEAM), which houses the investment resources required to run QEX, is incorporated in Singapore and will be led by its Chief Executive Officer, Vic Tham. Vic is currently also Pundi X’s Chief Investment Officer.
We continue to develop and improve Pundi X technology, and educate mainstream consumers across different markets on their understanding and the use of blockchain technology. We are taking the opportunity in our upcoming events to test some features of our future products to finesse and fine-tune accordingly based on the feedback received from the events.
Today, we’re pleased to announce that Singapore will become the new global corporate headquarters for Pundi X.
November 12 to 18 is Singapore Fintech Week. It’s the week when the world’s biggest FinTech forum, the Singapore FinTech festival (SFF) is happening. It’ll be an especially busy time for the Pundi X team with a range of promotions, events and forums, and an excellent time to come learn more about our progress, meet our team, or see the XPOS in action.
Pundi X is pleased to announce a new partnership with HARA, the Indonesian company dedicated to revolutionizing global agriculture with data, to jointly deploy thousands of XPOS to farmers to facilitate data collection and financial inclusion across developing economies.
Welcome to our first monthly report for the final quarter of 2018. October has been a busy month for the Pundi X team, with the continued rollout of our XPOS devices but also an important addition to our business offerings with the development of our new ecosystem, Function X, and the XPhone to display its potential to add new utility to blockchain technology.