Pundi X to launch an Open Platform for blockchain developers

Pundi X, a blockchain payment service provider, has announced that it will soon open up its platform called Open Platform for developers and companies to list digital tokens within XPOS, XWallet, and XPASS. The platform will also allow the creation of customized XPASS cards within the same ecosystem.

“Opening our platform will enable blockchain developers and businesses to create more use cases for their digital assets. There will be a review process to list digital assets. Once approval is provided after the review, digital tokens will be listed on the XPOS and XWallet. These newly listed digital tokens can be purchased.”

said Zac Cheah, Co-founder and Chief Executive Officer of Pundi X.

“The XPASS card as we all know can be considered a physical crypto wallet which allows customers to top up and use their digital assets easily. With just a tap to complete a transaction, the XPASS offers a simple and yet elegant way for customers to purchase goods and services from any store where our XPOS devices have already been deployed,” added Cheah.

Blockchain payment ecosystem: XPOS, XPASS, and the virtual XWallet

The first product which Pundi X created was the XPOS. It is the world’s first blockchain-powered wireless point-of-sale (POS) solution that enables merchants and consumers to easily buy, sell and transact using digital assets in physical stores. The XPOS is designed to be virtual currency neutral and currently, popular coins and tokens such as BTC, ETH and NPXS are listed and accepted within the Pundi X payment ecosystem.

The XWallet mobile app forms the connective tissue between the regular digital asset wallets and the Pundi X payment ecosystem. Through the XWallet, users can easily manage their digital assets, check their current balances, or top-up the supported digital assets in the XWallet. By…

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