Africa is all set as KuBitX Announces a New Strategic Alliance With Pundi X
At KuBitX, we are constantly looking for opportunities to expand and develop our activities to further implement and solidify our vision of putting cryptocurrencies in the hands of everyone via a global campaign of crypto education and adoption. Over the past several months, we have been successful at doing this through watershed partnerships with industry juggernauts such as NEM, Interswitch, Modulus Global, WDM International and many more.
Today, we are proud to announce a new strategic partnership with Pundi X, a company that provides blockchain-based point of sale solutions.
KuBitX becomes the first Pan African Exchange to acquire customized products from Pundi X whose vision is for mass crypto Adoption which is in direct alignment to our core vision of Education, Adoption and Inclusion.
What is Pundi X?
Pundi X calls itself ‘the Walmart of blockchains’, a name lived up to by enabling clients to effectively offer their digital money on its system.
A founding aim of Pundi X was to bring the benefits of blockchain technology and digital payments to the unbanked and to promote financial inclusion and independence — to bring cryptocurrency to the next billion users and help increase the value of cryptocurrency for all. This it aims to achieve via its unique products like Pundi X POS and Smartcards.
Pundi X POS employs Android-based software with enhanced security for its operating system and is designed to support blockchain applications such as cryptocurrency wallets and secure exchange platforms. Through its smartcards and POS device, Pundi X aims to attract the consumer market by helping store owners and corporate organizations facilitate transactions, including buying and selling BTC, ETH, XEM, QTUM, or KBX. Thus making for a Blockchain-integrated payment system with an easy to use interface and exceptional performance.
How will the partnership work?
In order to ensure mass adoption of our services and Cryptos in emerging markets in Africa, KuBitX have acquired Pundi X Smart cards and XPOS to be distributed to our esteemed contributors and customers for everyday cryptocurrency use. These devices have the added advantage of lower cost of transaction as well as high mobility, allowing traders to use the device while travelling. Aside the regular POS features, the Pundi X POS which supports payment from both cryptocurrency wallets and traditional mobile wallets will enable exceptional retail experience for both merchants and consumers. The device will allow users to either purchase their KBX tokens directly or to use the cryptocurrency that they already have stored in their wallet to pay for goods and other services
KuBitX partners with merchants and payment switching companies to make this a reality. Over 20,000 Smart card to be loaded with digital assets, including KBX Token and other top digital assets to enable easy crypto transactions
The addition of the Pundi X POS and smartcards to our ecosystem is just one of our many planned initiatives to facilitate the processing of digital payments for the largely unbanked populations even in the remotest far-flung corners of the world.
You too can be a part of this historic journey. We have already reached our softcap through our Seed and Pre-Public rounds. The Public Round of our Token Generation Event (TGE) starts (20th November to 19th December 2018).
Join us today by visiting our Website and clicking on “JOIN TO CONTRIBUTE” sign up on the dashboard to be whitelisted to participate in the Public Round.
KuBitX — Know it. Have it. Secure it.