Pundi X (NPXS) is a cryptocurrency project aiming to create a blockchain-based ecosystem for retail payments. It envisions providing a point-of-sale solution that allows traditional retailers and convenience stores to easily accept digital currencies as a payment option. Pundi X aims to bridge the gap between cryptocurrency and the mainstream by allowing users to make transactions using digital assets seamlessly alongside fiat currencies.
The project utilizes the Pundi XPOS device, a blockchain-enabled smart cash register that integrates cryptocurrency transactions. It enables retailers to process cryptocurrency transactions for customers, perform mobile transactions via the Pundi X mobile wallet app, and even issue their own cryptocurrency tokens.
NPXS is the native utility token of the Pundi X ecosystem, used for conducting transactions, securing settlements, and accessing various features within the network. Additionally, Pundi X has introduced the NPXS token as a reward for using the Pundi XPOS devices, incentivizing merchants and users to adopt the technology.
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