Qtum Working with Pundi X to Expand Its Presence in Southeast Asia

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

POS solutions provider brings easier, faster and safer cryptocurrency transaction to merchants and consumers.

SINGAPORE – November 28, 2017 – Qtum, the world’s first blockchain platform with proof-of-stake consensus smart contract mechanism, announced that it will work with Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores seeking to accept digital currencies in South East Asia. The collaboration includes Pundi X integrating Qtum blockchain. In addition, Pundi X users will be able to buy and sell QTUM tokens via Pundi X POS point-of-sale terminals, Pundi X will build and deploy applications and services based on Qtum platform. The move helps Qtum to expand and deepen its penetration in Southeast Asia, especially in the Indonesian market.

Pundi X aims to solve the last mile challenge for cryptocurrency purchases with its point-of-sale (“POS”) solutions. The company’s business is built on the existing Pundi-Pundi model of cashless payment systems, which enables smartphone users to scan QR codes and makes instant payments in retail and restaurant outlets. Pundi-Pundi has already signed up more than 100,000 registered users and over 500 merchant partners in Jakarta in less than a year of operation.

Every Pundi X POS device can be connected to both the QTUM, Ethereum, NEM, blockchains, enabling consumers to easily buy or sell cryptocurrencies (BTS, ETH, XEM, LTC, PXS, QTUM tokens) using fiat money (Dollars, Rupiah, Baht, etc.), bank card, mobile wallet or with a Pundi X Pass.

QTUM is now the world’s 12th largest blockchain platform by market capitalization, according to coinmarketcap.com, with a market capitalization of US $1 billion. Recently, Qtum announced Ignition, providing the first public network debut with a decentralized governance protocol and proof-of-stake consensus mechanism.

“By using Qtum’s blockchain platform, we can fully take advantage of its proof-of-stake consensus smart contract mechanism. Hence, it will lower the risk of transaction and provide a better user experience,” said Zac Cheah, CEO of Pundi X. “Moreover, Pundi X can speed up its market expansion through the Qtum network.”

“Our collaboration will speed up the deployment of Qtum blockchain technology,” said Patrick Dai, Co-Founder and CEO of Qtum. “I see that the Pundi X solution will make cryptocurrency transactions much easier enabling everyone to buy and sell cryptocurrency without the technical barriers we have today.”

About Pundi X

Pundi X is a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores seeking to accept digital currencies in South East Asia. Pundi X POS enables shops, cafes and convenience stores to sell cryptocurrency to general consumers and builds on the success of Pundi-Pundi, which is one of Indonesia’s most popular QR code cashless payment apps. Pundi X public token sale will be January 21, 2018 with the aim of financing over 700,000 Pundi X POS devices to be installed over the next three years across all target markets.

For more information, please visit: https://pundix.com/.

Press contact Pundi X: [email protected]

All other product and company names herein may be trademarks by their registered owners.

You can also find us on the following social media channels:

Website: https://pundix.com

Twitter: https://twitter.com/PundiXLabs

Telegram: http://t.me/pundix

Medium: http://medium.com/pundix

Facebook: https://web.facebook.com/pundixlabs

Youtube: https://www.youtube.com/channel/UCOIf6WeLEzZi3DQxzenTZeA

Telegram (Indonesian): https://t.me/pundix_id

Telegram (Chinese): https://t.me/pundix_zh

Telegram (French): https://t.me/pundix_fr

Telegram (Korean): https://t.me/pundixkorea

Kakaotalk (Korean): https://open.kakao.com/o/gHvpOHC

Facebook (Korean): https://web.facebook.com/Pundixkorea/

Telegram (Vietnamese): https://t.me/joinchat/D0-9GULzCrE_MUNqzxvj9g

Telegram (Spanish): https://t.me/pundix_es

Telegram (Russian): https://t.me/pundix_ru

Telegram (Japanese): https://t.me/pundix_jp

Twitter (Japanese): https://twitter.com/PundiXLabs_jp

Facebook (Japanese): https://web.facebook.com/pundixjp/

Telegram (Malay): https://t.me/pundix_my


Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *