SINGAPORE — November 14, 2017 — Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores seeking to accept digital currencies in South East Asia, today announced their successful integration into the NEM blockchain.
[Note: This is a press release.]
Every Pundi X POS device can be connected to both the Ethereum and NEM blockchains, enabling consumers to easily buy or sell cryptocurrencies (BTS, ETH, XEM, LTC, PXS tokens) using fiat money (Dollars, Rupiah, Baht, etc.), bank card, mobile wallet or with a Pundi X Pass.
XEM is the world’s tenth largest cryptocurrency, according to coinmarketcap.com, with a market capitalization of US $1.6 billion. NEM’s technology is currently employed by a variety of financial institutions and industries. NEM is also one of the most popular altcoins in Japan in terms of demand and trade volume.
“With the NEM solution we can confirm transactions instantly which enables us to lower the exchange risk and provide a better user experience,” said Zac Cheah, CEO of Pundi X. “Moreover, Pundi X can now expand rapidly through the NEM network and accelerate the whole on-boarding process.”
“We are working to achieve mass adoption for …
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