The Pundi X (NPXS) cryptocurrency is a decentralized project whose goal is to reduce the costs of cryptocurrency operations to such a level that the use of cryptocurrencies would replace credit cards in everyday life, as well as ensuring the maximum possible coverage of retail networks with Ethereum-based devices so that everyone, anywhere, could pay with cryptocurrency.
The device for accepting payments in cryptocurrency, NPXS, was created by Pundi X developers and connected to the Ethereum blockchain using Xplugins with two layers of communication. The first communication layer will perform the function of delivering the purchase request, while the other blockchain layer will register the sale transaction.
The platform allows small stores to interact with the blockchain and accept cryptocurrency payments, both in the Pundi X cryptocurrency and in other cryptocurrencies, with minimal expenditure of resources. The platform's functionality allows developers to set various transaction fees depending on the country in which the platform is used. Pundi X intends to become the largest crypto sales network in the world. Using POS devices, the firm hopes to make offline purchases using cryptocurrency more widespread and accessible to consumers.
The NPXS cryptocurrency uses three interconnected technologies: the Pundi X platform, mobile wallets, and card payments. The unique Pundi X cryptocurrency network combines its devices into two block chains based on Ethereum and NEM, which is exactly what allows the project to accept not only its own NPXS cryptocurrency, but also other cryptocurrencies. NEM and its coin XEM were chosen for cooperation with Asian financial institutions, because thanks to its technology it can make payments almost instantly. The company has also developed its XPASS card, which is compatible with the mobile application and wallet, and allows making payments and depositing funds using the card. Users can also view the current market price of each cryptocurrency before making payments, which allows them to use the cryptocurrency that is most advantageous for them.
The mobile wallet makes it easier for users to store and manage public and private keys, using a password system similar to the standard online storage system for a given cryptocurrency. The wallet was designed to support several different cryptocurrencies, as well as fiat currencies.
Pundi X is an ambitious project whose goal is to simplify the use of cryptocurrencies in everyday life.
The price of the Pundi X (NPXS) cryptocurrency today, as well as the technical analysis of the Pundi X NPXS cryptocurrency, where to buy Pundi X NPXS and where to sell Pundi X NPXS.
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