PUNDI X — Any store can buy, sell and accept Cryptocurrency

Regular consumers are not cryptocurrency experts. They read about bitcoin and the blockchain; they also witness the rise and fall in the value of bitcoin; yet 99% of these people don’t know how to buy bitcoin or other cryptocurrencies. Only specialists really understand the meaning of ‘private and public key’, ‘bitcoin addresses’ and ‘signatures’. For consumers, this is a confusing muddle.

So suggesting that regular consumers go out and purchase bitcoin is like asking them to use the stock exchange to buy groceries: it is unimaginable. What is even harder to understand is that very few people are trying to address this issue today!

Pundi X is here to solve an important problem by helping regular consumers buy cryptocurrency — as easily as buying a bottle of water from a convenience store. We allow cryptocurrency investors, developers, exchanges and blockchain companies to each benefit from our Pundi X solution, with the greatest benefits going to our ICO token holders.

The Pundi X sales network features hundreds of “Pundi X POS” (Point-ofSales) smart device. Consumers only needs a “Pundi X Pass” card to buy cryptocurrency on the Pundi X POS, and retail outlets can top-up cryptocurrency on user cards, just like on contactless travel cards. Consumers can also buy cryptocurrency with fiat currency, bank cards or digital wallet apps.

Pundi X POS Device

Starting with Indonesia, the largest country in South East Asia, our team aims to provide retail outlets, restaurants and convenience stores with Pundi X Point-ofSales (POS) devices so that customers can purchase cryptocurrency or use the cryptocurrency held in their accounts to make daily purchases such as sugar and rice.

In this way, Pundi X POS devices become the latest participants in the global blockchain and consumers benefit because they can use cash, credit card or a digital wallet to buy cryptocurrency.

These purchases using Pundi X are carried out by first selling a fraction of a unit of cryptocurrency and buying the local fiat currency (Dollar, Rupiah etc) and then local currency is used to buy products or services. For example, if a pack of sugar costs 1 US Dollar, users will sell approximately 0.00025 BTCs (Bitcoins) for 1 dollar and then use fiat currency to buy the pack of sugar. (Rates are calculated in real time; the fiat currency selected is the local currency.

What is Pundi X POS

The Pundi X POS is a smart device that is built to distribute cryptocurrency and is connected to the blockchain, so that each transaction is recorded. Consumers use Pundi X POS to:

buy BTC, ETH, LTC, PXS and cryptocurrency using cash or card
sell BTC, ETH, LTC, PXS and cryptocurrency for cash
top up fiat money in a digital wallet
buy utilities and services, e.g. electricity using cryptocurrency
buy physical goods using cryptocurrency

Since each Pundi X POS device is connected to the web, software and feature updates can be performed remotely. For example, an update may introduce new blockchain features; schedule the sale of new ERC20 tokens; or arrange for a new cryptocurrency to be issued through an ICO.

These purchases using Pundi X are carried out by first selling a fraction of a unit of cryptocurrency and buying the local fiat currency first before using local fiat currency to purchase items.

Pundi X Blockchain

Every Pundi X POS device is connected to the Ethereum blockchain via XPlugins. As a result, each physical outlets is part of the Ethereum blockchain and developers from all over the world can connect with the Pundi X network of devices and physical outlets.

Pundi X Management Platform
Connecting stores with Pundi X
Selling cryptocurrency stores everywhere
Making payments using a digital wallet
Connecting to other crytocurrency exchanges

PXS

PXS is the token used for Pundi X. ICO investors who hold PXS are rewarded by the long term growth in its value. They can also use PXS as “gas” to fuel transactions and advertisements in the Pundi X ecosystem. For example, people who want to use the Pundi X sales network will have to buy PXS. As the Pundi X ecosystem grows, so will the demand for PXS and the earliest investors will stand to benefit most.