Pundi X Nem (NPXSXEM)?
Pundi X is an offline point-of-sale (POS) solutions provider based on blockchain tech that makes it possible for physical retail stores to conduct transactions involving multiple cryptocurrencies. The NEM XPOS brings together Pundi X’s blockchain-based POS technology and the new high-power, super-fast NEM blockchain powered by its native token NPXSXEM.
Pundi X and NEM have partnered to drive mass adoption of cryptocurrencies, encourage their use in retail sectors around the world and usher in the next billion users. Their aim is to empower blockchain developers, holders of tokens and retailers to use cryptocurrency in buying and selling goods and services in physical stores anywhere around the world.
The partnership between these two companies has led to the development of POS devices for buying cryptocurrency with fiat money, debit/credit cards, mobile wallets or Pundi XPASS, which is a digital wallet represented in a physical form. The device will run on the NEM blockchain and carry tokens such as XEM and XAR as well as NPXSXEM, its native token.
For transactions to be cleared on the device or functionality added, there are fees that must be paid for in NPSXEM. Also fees charged in NPXSXEM will be paid to publish any app on the app store for the device. NPXSXEM is the default currency for settling all transactions.
The NPXSXEM token can be used as loyalty awards for consumers, and deducted from the total transaction amount. These features have been designed to encourage retailers and consumers to use NPXSXEM actively, and in the process help promote the token’s active use.
Transactions involving cryptocurrencies at point of sale terminals need to be fast because customers don’t have the patience to wait more than 1 minute for transactions to be completed. The NEM blockchain is capable of processing more than 4,000 transactions per second, which makes it a perfect choice for the XPOS to facilitate Quick transactions.
The Pundi X NEM (NPXSXEM) cryptocurrency token operates on the NEM platform. There is currently a total supply of 67,700,825,819 NPXSXEM with 38,536,910,541 NPXSXEM in circulation. NPXSZEM can be traded on exchanges like NEM, Kryptono, Hotbit and Exrates.
The Pundi X team is truly international with over 150 full time members led by Constantin Papadimitriou as President Advisor, Zi Bin Cheah as CEO, Pitt Huang as CTO and Danny Lim as CFO. They work from offices in Jakarta, Singapore, Tokyo, Shenzhen, Seoul, Sao Paulo and London.
Pundi X Nem (NPXSXEM) will be Listing on Atomars
Pundi X Nem (NPXSXEM) has announced that it will be listing on Atomars on 18th of October with trading pairs: NPXSXEM/BTC and NPXSXEM/ETH.
Atomars is the new and revolutionary trading platform seeking to change the world of transactions between fiat money and cryptocurrencies. The platform prioritizes security which is why these features are exceptional and ensure you can trade safely and easily anywhere in the world. The exchange supports major cryptocurrencies like Bitcoin, Ethereum, Litecoin, DASH etc. The tools on its web and mobile versions make trading on the go easy and fun.