Review on Pundi X by Fanuel PORPORTY
Pundi X facilitates payments in cryptocurrencies
Pundi X is a cryptocurrency aimed at simplifying the blockchain and the universe of cryptocurrencies, in order to make it understandable to the greatest number.
The purpose of Pundi X is to allow blockchain developers and token holders to sell cryptocurrency and blockchain-related services in physical stores around the world. Pundi X plans to do this by creating and distributing a number of smart devices across the globe to retailers around the world.
These small point-of-sale terminals are connected to the two-layer blockchain for transactions
Pros
- First, the devices are smaller than Bitcoin ATMs, and the costs involved will be lower. The fact that the devices are portable and offer more utility than Bitcoin ATMs can only make a difference.
- The ease of use of the Pundi X goes through its mobile wallet. This particular wallet allows users not to have to manage their public and private keys as is the case with so many cryptocurrencies.
- The electronic card is another reason why this system is so user-friendly. One of the main reasons why this card is so useful is the fact that it can be used without requiring the mobile app. However, it can work in conjunction with the mobile app. It allows users to pay with funds from crypto wallets or traditional mobile wallets.
- Tokens are useful when professionals want to use the services provided by Pundi X. A typical user who simply wants to pay with his crypto-assets will not have to bother getting PundiX tokens. Everything will be done automatically via the payment systems set up by the company.
Cons
- The company's objectives are very ambitious. In addition, their business model is based on the fact that within a few years Indonesia will authorize payments in cryptocurrencies for the purchase of goods and services in everyday life. If this authorization does not arrive, it can mean the death of the project
- Deploying such technology to many merchants takes enormous effort. In addition, this is not done discreetly and all potential competitors can carefully monitor what Pundi X is doing.
