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a recap of activities in April 2019

a recap of activities in April 2019

DoshEX, a digital asset exchange in South Africa, will begin pushing digital transformation through Pundi X technology. A phased roll-out of the XPOS and XPASS cards will be undertaken, with 5,000 cards available for the first wave of early adopters.

DoshEX CEO Alex de Bruyn noted, “It was essential to roll out trusted and proven technology as our objective is to rapidly build South Africa’s first point-of-sale cryptocurrency network. This is why we have partnered with Pundi X. We believe XPOS will rapidly become your crypto ATM and transaction-enabler at your local coffee shop or high street store.”

Product Development

XPOS is the world first blockchain point of sale smart device to receive CE and TRA certification

It is important for blockchain solutions to keep up with the fast pace of technology, but it is even more important for these solutions to be compliant with global health, safety, and environmental protection standards. April saw the first ever blockchain-based point-of-sales (POS) smart device to receive Conformité Européenne (CE) certification in the European Union after Pundi X met all the requirements and standards laid out by the European Economic Area (EEA). In addition, XPOS also received UAE TRA certification through ebooc, our partner in Dubai, to ensure that the rollout of Pundi X technology across the Emirates is in full compliance.

XWallet updated with FX conversion and an added 2FA feature

To further assist token holders who are taking part in the NPXS and NPXSXEM conversion, the team has added a new feature in the XWallet app to facilitate the process. After introducing the FX staking mechanism in March, in order to ensure a fairer distribution and allow more people to participate in the conversion, the conversion mechanism has also been updated. The first-come, first-served component is deactivated during the first 20 seconds of each daily conversion period.

Another feature added to the XWallet in April is Google Authenticator (GA) which is to achieve maximum security for XWallet accounts. In addition to SMS and Email verification codes, this is an additional two-step verification process to protect your account’s safety by using the One-time Password Algorithm within 30 seconds. The GA code can be used in the login, transfer and change login password options to achieve greater security for your XWallet accounts. To activate the GA verification service, you can follow the steps here.

Events and Community

World Blockchain Summit in Taipei

Pundi X Chief Legal Counsel David Ben Kay went to the World Blockchain Summit held in New Taipei City on April 25 and 26, 2019. He delivered a keynote on how traditional businesses can benefit from digitizing and modernizing payments using blockchain technology. David also participated in a panel discussion with Dimitrios Psarrakis from the European Parliament and Jason Hsu, Taiwan’s Crypto Congressman to talk about the state of regulations and compliance for blockchain startups.

Ask Me Anything (AMA)

In April, Pundi X CEO and Co-Founder Zac Cheah hosted an AMA session to share the company’s progress in Q1 and the outlook for Q2. Zach shared several highlights and responded to detailed questions which can be found on https://medium.com/pundix/recap-of-ama-with-zac-on-apr-12-b949270292bc. Zac also announced the token removal schedule for 2019.

João Victor Mendes, Pundi X’s LATAM Country Manager, was invited to the telegram AMA session hosted by Binance on April 4 to talk about our development in LATAM markets. He also delivered a keynote about Pundi X and the impact of blockchain technology in retail at Talent Land, the largest tech startup event in Mexico. João also organized an XBlockchain talk at the Universidade Federal de Santa Catarina.

NPXS listed on Kucoin and iBank Digital

This month also see NPXS traded in more crypto exchanges. NPXS/BTC and NPXS/ETH trading pairs are available on KuCoin and iBank Digital!

April 1st giveaways

Finally, we’d like to give a shout out to all the Pundians who joined in our April Fool’s Day Pranks. We gave away 10 XFANS to the 10 users with the best tweets in response to the question, “Why do you want an XFAN?” We initially allocated only five (5) XFANS for the event, but due to the overwhelming response, we increased the prize to 10 units so more people could enjoy the breeze in the upcoming summer.

This is only a glimpse of what happened in April. To catch up with all our latest activities, you can follow our official Pundi X Twitter here.

Published at Sat, 04 May 2019 07:02:37 +0000

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