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Munich
1 Level
53 Review
149.5 Karma

Review on Pundi X by Alex Fed

Revainrating 4 out of 5

Pundi X. Payment terminal or nothing?

I know that Pundi X team have the real purpose of this product. They want that everyone can buy simple things for us like food or something else using cryptocurrency but they have a problem with realization of this idea. the developers team plan to deliver their own Pundi X POS payment terminal to each shops or outlet but how? Anybody can help me to understand how they will negotiate this moment with each countries from Afriсa or Russia, for example. Of course they can try to do it in the USA or Europe, but It will be local market .
In my opinion, this is a very long-term idea and we are not ready for it now.




Pros
  • Pundi X team have the real purpose of this product (interesting implementation idea).
Cons
  • They need to work hard to negotiate with each countries from Afriсa or Russia, for example.

Comments (3)

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January 13, 2020
Pundi X is a very ambitious project and the team works hard. They plan to distribute 50,000 terminals each year (very ambitious). The team recently presented the first blockchain phone (BOB). in the long term this project really has a future. With the massive adoption coming, there will soon be demand for XPOS
October 02, 2019
Of course yes, sir. I don't think that such an idea will lose, but usually team of such ambitious projects like Pundi X are so young and I'm not sure that they have real power to solve the issue with shops.
October 02, 2019
It seems to me a quite viable project although with many failures. They are working on something that can be used by making a comparison with other projects that are simply a new blockchain.

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