THELOGICALINDIAN - Crypto startup Pundi X today appear a new blockchainpowered smartphone alleged the XPhone at the advancing XBlockchain Summit in Bali
Function X and XPhone To Bring Blockchain to Everyday Life
Pundi X, best accepted for their NPXS cryptocurrency token, XPASS card, and Pundi XPOS point-of-sales accessories for retail transactions, has appear a blockchain-powered smartphone alleged the XPhone. The close fabricated the advertisement and arrive journalists and attendees akin to analysis out audience units of the XPhone today at the XBlockchain Summit.
In accession to the XPhone, Pundi X additionally appear its aboriginal blockchain-based operating arrangement and “communication agreement for adaptable devices,” alleged Function X. Through Function X, users can accomplish calls, accelerate messages, and address abstracts apart from accumulate carriers like Verizon and Sprint. A columnist absolution explains that users can avenue buzz calls and letters via blockchain nodes, eliminating the charge for a buzz number.
Pundi X calls Function X a “new manual agreement for the blockchain age,” and hopes the “innovation decidedly expands the use of blockchain technology above banking transfers.”
Function X is actuality accustomed as an “ecosystem” and with it brings a new manual agreement and decentralized book accumulator arrangement alleged FXTP and IPFX respectively.
Pundi X CTO and co-founder Pitt Huang explains that it “took decades” afore the internet always afflicted accustomed animal existence, but hopes that the company’s new technologies accomplish blockchain “usable” in accustomed activity and acceleration up adoption.
“We see blockchain as actuality at a agnate date of development to the Internet in the aboriginal ‘90s; a new affectionate of arrangement and decentralized agreement like Function X will be transformational to blockchain as the browser was to the Internet,” Huang added. “For a start, it’s putting blockchain in the easily of millions via a smartphone and abiding ascendancy of their abstracts aback to them, but it additionally answers so abounding added challenges.”
Pundi X CEO and co-founder Zac Cheah believes that the XPhone and Function X could be the break for scalability issues, and become arch that connects the eyes for blockchain technology with real-world acceptance and adoption.
“Function X is the answer. By alms bodies the best to be absolute of a centralized communications arrangement we’ve created a new use for blockchain that can be accepted and acclimated by best people,” Cheah explained.
Additional capacity on Function X will be appear on October 15th, and Pundi X has launched a admission timer on the FunctionX.io website. An official barrage for the OS, manual protocol, decentralized book system, and the XPhone itself are appointed for Q1 2019.
The amount of Pundi X’s NPXS badge surged over 10% in ablaze of this account and contempo account that Pundi X will be powering Dubai’s government-approved cryptocurrency Emcash via its XPOS point-of-sales devices. Pundi X afresh trialed its XPASS and XPOS systems at calibration at Ultra Music Festival Taiwan. There, over 30,000 XPASS holders could use the agenda for affairs at a cardinal of anniversary vendors.
