Pundi X is developing its own protocol for its point of sale machines. They sold a lot of machines last year and made many partnerships around the world.
Their machines are already in use in places such as Hong Kong, Australia, and other nations. Pundi X goal is to give people to ability to use crypto in everyday transactions.
People can not only use their crypto but buy crypto from stores who have the POS machine.
Currently Pundi X token is on the Ethereum network. As transactions increase Pundi X will experience a significant increase in gas prices that will be noticeable.
To resolve this Pundi X plans to launch their own mainnet to meet transaction demand. Pundi X will launch their mainnet once their airdrop protocol has distributed the amount of coins it has been designated.
The Pundi X mainnet will not only handle financial transactions but telecommunications. Pundi X has already built a prototype phone and ran it on their testnet.
The transaction time for the text was a bit slow but as developers improve the protocol it should be faster on the mainnet.
One of Pundi X most memorable moments was when their XPass card was used for transactions at Ultra Taiwan an electronic music festival.
The XPass can be used offline to make purchases at any store with a Pundi X POS system.
Pundi X has set itself apart from other cryptocurrencies by focusing primarily on becoming a bridge between the virtual world and the world we live in today.