NPXS/USD: Convert Pundi X (Old) (NPXS) to United States Dollar (USD)

Pundi X (Old) (NPXS) is a blockchain-based platform that aims to transform retail businesses by enabling them to conduct instantaneous in-store transactions on its blockchain. Launched in 2017, Pundi X has developed a suite of retail-focused services including XPOS, XWallet, and XPASS, and even the world's first blockchain phone, BOB. The platform's primary goal is to make cryptocurrency accessible to everyone, simplifying the transformation of retail businesses to achieve this. Pundi X's unique ecosystem includes the XPOS, a blockchain-powered wireless point-of-sale (POS) device, and the XWallet, a mobile app that bridges regular digital asset wallets and the Pundi X payment ecosystem.

Pundi X (Old) works by providing a blockchain payment ecosystem that includes the XPOS, XPASS, and the virtual XWallet. The XPOS is a blockchain-powered wireless point-of-sale (POS) device that allows retail merchants and consumers to easily buy, sell, and transact using digital assets in physical stores. The XWallet mobile app serves as a bridge between regular digital asset wallets and the Pundi X payment ecosystem. Users can use the XWallet to manage their digital assets, make transfers, check balances, and top-up supported cryptocurrencies. The virtual XPASS card is issued to every registered XWallet user, further enhancing the platform's functionality.

Pundi X (Old) has a wide range of potential use cases, primarily centered around retail transactions. Its XPOS device allows retail merchants to accept every cryptocurrency, enabling consumers to easily buy, sell, and transact using digital assets in physical stores. This makes it easier for people to use cryptocurrencies in their daily lives, thereby promoting wider adoption of digital currencies. Additionally, the XWallet mobile app allows users to manage their digital assets, make transfers, and check balances, providing a user-friendly interface for managing cryptocurrencies. The platform also supports the issuance of virtual XPASS cards to registered XWallet users, further expanding its use cases.

Pundi X (Old) was founded in 2017 by Zac Cheah and Pitt Huang, with the aim of making cryptocurrencies a part of everyday life. The project launched its Initial Coin Offering (ICO) in January 2018, introducing the world's first point-of-sale solution. Following a successful ICO, Pundi X launched its retail-focused services, including XPOS, XWallet, and XPASS, as well as the world's first blockchain phone, BOB. The company, headquartered in Singapore, has since shipped its XPOS solution and devices to over 25 markets worldwide. In June 2019, Pundi X launched the Open Platform to support more blockchains, leading to an increase in its use.