Pundi X has a very ambitious route to market with over 100,000 point of sale devices by next year it already offers many different crypto currencies for people to transact with what if Electroneums new instant payment api was integrated into the PundiX XPOS system by way of partnership, it could possibly be a match made in crypto heaven ! Enabling ETN to be transacted and bought through the XPOS and help Pundi X gain a massive ETN community. In addition PundiX has already forged big retail partners all across Asia !!-
I think Pundi X is also working with Utrust on the POS systems if I remember correctly. The KYC thing fits nicely there with what Utrust is doing
What do you think should Electroneum partner with Pundi X
I have attended the Dubai International Block chain Summit last year and PundiX did participate in this event. I met the team and their concept is quite uniqueâŚ
very simple - like how we have POS Systems which accept fiat currency, PundiX is a âhardware (POS System)â which allows accepting cryptocurrencies.
I am sure you must have seen most retail outlets have card swipe attached to the POS, in the same manner, once vendors install pundiX, they can accept those cryptocurrencies which are partnered with them. PundiX would take a transactional fee from the respective currency.
when compared to ETNâs ease of integration(API), Pundi X seems to be more of a redundancy, to me. but donât worry, I canât imagine Pundi not integrating ETN.
I really think this is backwards. Pundi X is offering a âPOSâ while Electroneum is offering an API that can be integrated into already existing pos. It is easier and ultimately cheaper for ETN to simply be integrated. Pundi X should be the ones asking if they can integrate into ETNâs API. Not even being bias towards ETN it is just dollars and cent common sense. I actually mention this in my latest video https://bit.tube/play?hash=QmYTTLjyEPP53i2jLJeYPqbV4QZFMgs3xYpfEVxwsPaLwz&channel=41418. You should check it out.
speaking of thatâŚwhy would etn want to integrate any other crypto into their api, anyway? unless it was a case where another crypto had to be exchanged for or converted to etn in order to be used? maybe Iâm selfish, butâŚ
Electroneumâs API can do instant payment and businesses might want to give their customers options to pay with; btc, etn, npsx, ada or whatever, it would behoove ETN to allow this and have the other coins pay what might be called a âlisting feeâ This generates more income for Electroneum. Also it would bring more people from other coins into the ETN Community.
I think your mistaking hardware for software , Pundi X is a Point Of Sales ( POS ) Device , they currently have many cryptocurrencies available for people to transact in . i dont think we need to be so defensive PundiX have made many great partnerships with many notable cryptocurrencies who have the same vision as Electroneum for mass adoption where such marriage could help both companies towards helping each other. Electroneum the software side Pundi X hardware side
Pundi X strap line is " Making cryptocurrency accessible to everyone " This is exactly what Richard Ells says anytime he mentions the patent and the ability for ETN enabling other currencies to be used via the patent and the instant payment api opening that up for the mass. These two statements by Pundi X and Richard are similar
current crypto available
BTC
NPSX
Binance coin
Wanchain
NEM
ETH
XLM
ZEC
QTUM
@Bernard
That is correct
They also have a card option. If my memory holds right, you can move your crypt on that card which can be swiped on their POS machine which is an alternate to pay, letâs say, when your mobile batt dies off âŚ
i honestly think ETN doesnât need pundi. why would any corporates upgrade their hardware when ETN has an API and patent for instant payments? Not to mention the cost savings with the enterprise level system they are building?
Yes good point. My answer would be that if they have even just a smart phone they can still transact with the Electroneum system. It would be much more informal but with the speed at which the current blockchain is working it would still be useful. Crypto NWO did a video about how he found a person selling a tablet and he bought it with Electronuem and that shows that you dont need a POS system in place to conduct business.