Do you keep yourself up to date with latest devices in the market ?
Well i am little bit of a “techie” or let’s just say i’m always everywhere and technology happens to be one of the places i find myself in most of the times. I like new and interesting techs.
Talking of me and technology!! Did i tell you guys that i managed to create my very own ERC-20 compatible etherium based tokens? It turns out that i just did. I will keep you updated on the project which i will be starting soon.
I would also like to ask you the following :
Are you the kind of person who is always determined to own the latest I-phone or any other device that has just been launched or hit the market?
As for this question, i would say as much as i would always love to own the latest devices in the market, I am absolutely not in a position to afford most of them.
New Technology
There is always a big hype around new technology launches more so when it is a new phone, cars and stuff we regularly use on a daily basis being launched. We are living in the era of the ‘Smart Tech’ where smart technology is the order of the day. Smart technology has revolutionized and changed how we operate and do things. It has become a part of us and at some point a thing we can’t live without. Technology is awesome and new technology is even more awesome.
We have to admit that despite its smartness,awesomeness and improvements it has brought to man, it has somehow made some of us dumb and lazy. Well this is a story for another day!!!
One of the smart techs that i personally think is super incredible and a tech that i value so much is the Blockchain technology.
I don’t actually consider it to be valuable and incredible because it’s all about money (even though i like money and i know you like too) but because it is actually the smartest invention by man promoting the idea of decentralization and freedom.
Just the other day, I was asking myself if at all there is any technology similar to blockchain or even a technology beyond the blockchain technology. Haven’t gotten the answer yet.I will try dig into more research and find out. Once i find out, i will probably let you guys know.
The Blockchain Tech
Blockchain technology and cryptocurrency has been one of human’s latest inventions that has pretty much had and recieved an amazing reception. Although it hasn’t been fully and completely adopted,we have all witnessed the fast and rapid growth of this tech across our planet. Back in 2009, bitcoin which is one of the first ever cash system using the blockchain technology came into life. From bitcoin, more than a thousand other coins and tokens using the same technology have been born. As if that is not enough, many of the applications currently being developed are decentralized apps also known as DAPPs .These dapps also use the blockchain technology.
Seems like very soon everything we use will be decentralized and will be built on the blockchain technology.
Today i wanted to talk to you about a new important technology in the blockchain that you should definitely know about.
It is basically the latest crytocurrency device known as the Pundi X POS device.
PUNDI X POS DEVICE
What is Pundi X POS device
Purchasing cryptocurrency has finally become as easy as buying any other regular comodities that we use everyday.
All thanks to the Pundi X POS device.
PUNDI X believes that purchasing digital currency should be as easy as purchasing a bottle of water from a shop or store. They also believe that they are more like the Walmart of cryptocurrency and their mission is to be able to allow ordinary consumers to be able to buy crpto smoothly anywhere in the world at anytime. This is good news especially to those who always find crptocurrency purchasing difficult and complicated. I once had problems purchasing bitcoin and even though i had money to purchase, i did not quite know where to start, the right exchange that i could trust or what wallet to use. Those were times i had very little knowledge on cryptocurrency. They were also times when hungry scammers and scamming cases were all over the internet. I recall taking precaution to avoid falling victim.
https://pundix.com/_nuxt/img/pic_product4.b26fa04.jpg Source
PUNDI X plans to roll out approximately 100,000–700,000 Pundi x POS devices in 3 years.
These devices will enable the digitalization of stores and also connect the cryptocurrency world with the mainstream consumers. Pundi X POS is a device designed for retailers and comes in different models for different purposes.
First batch of the product is out
Anyone with a store living in the following countries and would like to own the device can place an order.
- South Korea • Italy • Belgium • Luxembourg • Britain • Denmark • Finland • Indonesia • Ireland • Slovenia • Estonia • Germany • Japan • Hungary • Greece • Portugal • Bulgaria • Singapore • Malta • Cyprus • Netherlands • Czech Republic • Austria • Spain • Slovakia • Latvia • Lithuania • Poland • Sweden • France
The device will be available for rest of the Asia Pacific and rest of the World in May and June respectively according to PUNDI X.
I hope and pray they will be available in my country too since it is not among the 31 countries listed above.
Check out the pundix.com their official website for order registeration and more instructions on how to order.
Original Image Design
How the Pundi X POS device works
The devices specifications are MTK/Qualcomm solutions with Android-like operating system. Pundi X POS device has an easy-to-use interface to enable easy navigation and operation. It is connected directly to the blockchain therefore allowing all transactions to be recorded on the blockchain.
Anyone is able to purchase cryptocurrency using bank card, Pundi X Pass, mobile wallet or fiat currency. You can also use PXS, XEM, XLM, BTC, ETH, QTUM and other cryptocurrency to conduct and facilitate transactions. One can use both traditional and crypto wallets for payments.
Pundi X supports wallets such NEM wallet , X wallet and other various wallets. Pundi X POS device prints a receipt for every customer and store owners after every transaction is completed. It also enables the retailer to increase revenue from the ads space on the side screen.
There are 2 cards that can be used on or with the device which are the main card and the security card .
The main card allows the customer to conduct transactions and contains the private key information, encrypted. The security card however is meant for activating and recovering the main card and should be kept safely separate from the main card.
Pundi X POS has its own application store on which developers can publish applications targeting retailers. To be able top Publish an app on Pundi X POS application store, developers requires PXS tokens to pay for the publishing.
What is a Pundi X pass
A Pundi X pass is a special pass/smart card that you can use to store your digital currency. It is 100% secure and you can also use it to buy or sell crypto by swiping.
What is Pundi X (PXS)
These are etherium based tokens which are also default tokens used in Pundi X POS. It is currently ranked number 1239 on Coin Market Cap. When you make purchases using PUNDI X, you are awarded PXS tokens. Advertisers also use these PXS tokens to purchase ad placements.
The current price of Pundi X (PXS) in USD on Coin Market Cap is $1.24
Overview
Volume (24h) $2,082,630 USD 193.46 BTC 2,536 ETH
Total Supply 67,680,592 PXS
Max Supply 301,295,248 PXS
Read the Pundi X Whitepaper For more information.
My personal thoughts on this tech
I think this is a great step towards making the full adoption of the blockchain technology and living in a world with a cashless system a reality. I would say Crypto is now an inch a way from going mainstream and that is what most of us have been waiting for. Am also sure that more cryptotech and more devices supporting the blockchain technology will be developed and launched in the near future.
Recently learnt of a phone that has been manufactured for the purposes of using cryptocurrency. The phone comes with both an inbuilt digital wallet supporting various cryptos and an exchange. That’s atleast what i know about the phone.
Like i said earlier,I will dig into more research on finding out more about new crypto-devices and blockchain tech.
Otherwise thanks for reading this post. I hope you found it useful and helpful.
You can also check out my latest cryptocurrency posts this week below.
COINS AND TOKENS YOU SHOULD OWN AND HOLD ON TO LONG TERM
Don’t forget to follow @maxwell95 on steemit for more crypto posts.
