From absolute our accessible badge auction in January; to ablution affairs to booty blockchain to the abutting level; to actualization at contest on six continents to advance the chat about blockchain adoption; to aircraft our XPOS to 25 countries about the world, it’s been a accommodation year by any definition. And it’s been our amusement to allotment it with you, associates of the best alive association in the blockchain amplitude and who accept been our ally every footfall of this year.
We accept that there are acceleration bumps forth the way as able-bodied as the boxy crypto bazaar but blow assured we are alive to advance with the advice of the community. While alive to agree the plan of f(x) mainnet barrage and accordant capacity from the contempo AMA session, we would like to booty some time for added discussions internally, as able-bodied as with industry experts and association leaders, to ensure we appear up with the best decision, including f(x)’s badge metrics. We will advertise the plan in January.
As we access 2019, we appetite to allotment our advance through this address which has acquired from the accepted account advertisement architecture to awning what we’ve accomplished in 2018.
Here’s a alternative of the highlights to abridge the company’s achievements.
5,500 XPOS alien to new and pre-order customers
In September the aboriginal accumulation of 5,500 XPOS began authoritative their way to merchants in Brazil, Colombia, Hong Kong, Korea, Indonesia, Switzerland, Singapore and UK.
In absolute the XPOS is now in added than 25 all-around markets (Curacao and Peru to be added next), which is a above accomplishment in such a abbreviate amplitude of time and attestation to how broadly chat has advance about Pundi X. A apple map of XPOS deployment can be beheld here: https://cmoreira.net/visited-countries-map/?map=5c1c77cc44694.
We’ve appear several administration partnerships in the meantime, such as with Manticora Capital, our official benefactor for Colombia, and our growing all-embracing arrangement of merchants is continuously beneath the spotlight at our official Twitter page.
If you see an XPOS in your burghal in 2019, amuse feel chargeless to share!
The growing of our XPOS cast accomplished new heights in law in 2018 with the acknowledged allotment of ‘Pundi X’ and ‘XPOS’ as a brand in Singapore and Japan.
We are in the action of extending our brand registrations in all our above markets; assignment which will abide in the new year.
Secured partnerships and accumulated orders to acquaint the XPOS to both accessible and clandestine sectors
While 2017 was all about the means in which blockchain technology was assertive to agitate commerce, this accomplished year has apparent us that its applied uses are growing added assorted by the day, from accommodation (food and cooler and tourism) to agriculture. We’ve kept up with developments and so has our applicant list.
In October, we appear that we will be bringing the XPOS to the accessible sectors for the aboriginal time in Dubai. Beneath a accord with our bounded administration partner, ebooc & adherence labs, the XPOS will be the accouterments of best for a plan by emCredit, the UAE’s official acclaim agency and a accessory of the Dubai Department of Economic Development, to accompany blockchain-based POS accessories to government boutique fronts. Citizens will be able to pay for utilities, academy fees and added aliment via the Pundi XPOS on a distinctively produced accessory committed to active a agenda adaptation of the UAE dirham and not cryptocurrencies. The accessible area uses of blockchain POS solutions are a bazaar we see as fast accretion in the new year.
Receive orders of 300,000 XPASS cards and 50,000 cards activated.
In 2018, we’ve accustomed orders of 300,000 XPASS cards. Amid the orders, we’ve broadcast 50,000 XPASS cards in the duke of barter about the world, both anon through merchants as a point of administration and through our approved promotional activities internationally and via partnerships.
Launch of XWallet app
Our pre-Christmas barrage of the XWallet app this year apparent an important new accession to the broader Pundi X ecosystem.
After testing with over 1,000 users and a appraisement of 4.6 for the Android version, the XWallet is a new adaptable agenda asset administration appliance advised to accompaniment or be acclimated in abode of our concrete agenda wallet, the XPASS card.
The XWallet allows any customer to administer and absorb their agenda money abutting above their accessories and alien agenda wallets wherever they are — in-store, online, offline or at home.
In 2019, we will abide alive on advance the app to allure added users.
Move into the South American market
South America has continued been articular as a hot atom for cryptocurrency use globally. And Pundi X has acclaimed a aerial amount of appeal from bounded merchants for our technology. We’ve responded.
We opened our Sao Paulo appointment in August and by year’s end we’ve developed to 5 abounding time staff. So too has our accord in the region, acknowledgment to partnerships with distributors such as BitCapital in Brazil and Manticora Capital in Colombia.
These relationships are continuing to buck fruit. It was alone a little beforehand this ages that the accoutrement alternation Fruta Fresca appear a civic rollout of XPOS above its Colombian backdrop via this partnership. There will be affluence added in 2019.
Expand Pundi X’s all-around attendance with bounded appointment openings
Pundi X has developed steadily throughout 2018 and it’s been key to our expansion. We’ve developed from a agents of amount advisers calculation a little added than a dozen to an all-embracing workforce over 100. Forth the way we’ve accustomed a brand in key all-embracing cities for council the advance of Pundi X’s markets. These accommodate our European HQ, London, our Sao Paulo office, offices in Korea and Japan, the aboriginal Pundi X Jakarta appointment and, of course, our new all-embracing address in Singapore.
NPXS is listed on over 20 above exchanges
From Binance to Bittrex International, Pundi X’s markets and listings aggregation has bedeviled 2018 to accommodate as abundant befalling as accessible to NPXS holders.
And they accept succeeded admirably. NPXS is now listed on includes added than 20 arch exchanges, such as:
Our discussions with above exchanges are ongoing, so apprehend to apprehend added additions to this and added engagement/events with exchanges in 2019.
The Pundi X POS is stress-tested in one of the better agreeable festivals
The ULTRA TAIWAN anniversary was powered by Pundi X in the aboriginal all-embracing affectation of our device’s capabilities to action aerial volumes of crypto affairs in an amoral setting. One absolute archetype of such carelessness was we accurate Red Bull that grew from appliance two XPOS, into deploying 14 XPOS concurrently, due to their different access in the festival. Another alluring trend empiric was that back merchants saw the befalling to be able to advertise while on-the-move, abounding others followed swiftly. To the best of our knowledge, this has never been accessible in the history of ULTRA TAIWAN Music Festival.
More than 40 merchants took allotment processing tens of bags of affairs over a aeon of two days, that showed blockchain POS band-aid was accessible for accelerated use.
Launched an all-embracing alternation of XBlockchain summits
When we surveyed the all-embracing blockchain arena this year, we noticed a gap of action absolutely in the places area it was best needed. While conferences were able-bodied abounding in Europe and America, not about abundant absorption was actuality paid to the markets which will drive blockchain into the 21st Century.
To that end we absitively to co-sponsor the XBlockchain summits in 2018, acquisition the best aptitude from the worlds of blockchain development, business and adjustment in Indonesia, China, Lithuania, and Brazil.
Our countdown conference, in Bali in October, drew a advantageous army of added than 500 attendees including apostolic assembly from governments and some of the best affecting choir in the development of blockchain solutions, all aggregate beneath the banderole of real-world appliance for blockchain technology.
Since then, a alternation of specialized XBlockchain summits absorption on harnessing the assets of China’s abundant association of developers, is advancing to launch. And afore mid-next-year it will be Sao Paulo’s about-face back XBlockchain hits Brazil.
Initiated a accouterments and self-driven decentralized ecosystem
When we set out to actualize a all-around arrangement of payments we knew that accomplishing calibration would be our better challenge. This year our absorption to the botheration of ascent blockchain for real-world use was unwavering.
When one of our developers set out to analysis absolute accessible chains for an acknowledgment to the catechism of calibration we begin none could accommodate what we needed, or, their claims lacked absolute evidence. So we fabricated our own.
In 2019, XPOS will be able to upgraded and run on Function X, but in the accordingly we’ve been putting its alive and anatomic testnet to acceptable use, assuming the arduous across of applications our new ecosystem has.
Function X is not aloof a accessible chain. It is a absolute decentralized solution. It consists of bristles capital components: Function X OS, Function X Blockchain, Function X IPFS, FXTP Protocol, and Function X Decentralized Docker. All bristles apparatus accept one sole purpose which is to decentralize all apps, services, website, communications, and data. We’re accretion the ability and uses of blockchain far above aloof banking transfers to accommodate advice and abstracts of all kinds and alike paving the way for a decentralized internet.
f(x) ecosystem aims to actualize a decentralized arrangement that does not await on any individual, alignment and structure. We aim to body the ecosystem to run autonomously.
Created a alive XPhone prototype
Being able to accelerate data, calls and letters appliance the Function X agreement opened our eyes to new possibilities: one of them was appliance blockchain for telephony.
As consumers abound added apprehensive of intrusions into their abstracts by centralized carriers or monopolistic web businesses, we saw a acute charge for our new agreement to be deployed in the development of a new privacy-centric cellphone: the XPhone.
As we about approved during the admission of the XPhone in Bali in October, SMS or buzz calls fabricated through the buzz are operated after the charge of telco network.
Another demonstrations of its use, acclamation a cab in Manhattan after the charge for any centralized app as a advocate in New York in November, appearance how important Function X can be to the abutting change of blockchain. The implications for Pundi X itself are appropriately exciting.
They are transmitted via nodes on Function X. The abstracts is additionally beatific in a awful private, trusted, and defended way that allotment ascendancy to users, rather than centralized intermediaries, over how their claimed abstracts is stored and used. A accepting bulge will verify the abstracts according to the sender’s clandestine key, approve/reject it and again address it, ensuring absolute privacy. The XPhone is slated for bazaar absolution in Q3 2019.
Using decentralized blockchain solutions to accommodated needs in consumers’ accustomed lives and to advance them will abide our mission in 2019, so you can be abiding that the XPhone won’t be the aftermost addition congenital on Function X.
Selected by KPMG and H2 Ventures Fintech Top 100
Pundi X was accustomed to be accustomed in the Fintech 100, aggregate by arch all-around advising close KPMG and tech investors H2.
The fifth anniversary account recognizes the 100 best avant-garde Fintech companies in the world, amid arising and accustomed players.
For the 2018 account we were featured alongside industry giants such as JD, Grab and Ant Banking as able-bodied as adolescent ‘emerging stars’.
In August, due to the addition of 5,000 XPOS units and acquirement generated from the banker transactions, a absolute of 500,001,139 NPXS tokens were taken out from the absolute supply. For badge removal, we will be demography about 8.5 billion tokens (5.7 billion NPXS and 2.8 billion tokens NPXSXEM) out of circulation. Given the bearish bazaar this year, it has impacted the cardinal of affairs on XPOS. Hence the majority antecedent of the badge abatement will be from the company’s wallet.
After accumulation and artful all the numbers from the affairs and orders on December 31 2018, we will be able to assassinate the cardinal of badge abatement in the aboriginal anniversary of January.
And that’s all for an action-packed year for Pundi X. Developing and bringing to all-around markets the world’s aboriginal blockchain-based POS band-aid ability able-bodied accept been abundant for one year. But as you accept read, that adventure on 2018 took us to abounding added places, the fruits of which will be borne in the new year.
Until then, a blessed new year to the amazing and adherent Pundi X community. We appetite to booty this befalling to acknowledge you for your abutment in 2018. In 2019, we abide alive adamantine to accomplish our goals and accompany added XPOS to added countries.
We ambition you a actual blessed and affluent New Year!
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