From A.I. to Blockchain: Korean robot café Lounge X begins accepting crypto payments via XPOS

Pundi X (writers)
Jul 10, 2019 · 3 min read

Pundi X has partnered up with Lounge X, a robot-powered café located in the Gangnam N Tower in Seoul, South Korea, allowing it to accept crypto payments. This means that customers can use many popular cryptocurrencies to pay for their food and drinks.

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“With Lounge X already applying robotics and artificial intelligence to their services, we’re excited to further its mission of being the most technologically-advanced café in Seoul with the addition of blockchain technology. We’re excited to work with Lounge X and look forward to seeing how blockchain will have a positive impact on their customers.” — Zac Cheah, Co-Founder and CEO of Pundi X.

Lounge X is now able to process crypto transactions through the XPOS, the world’s first blockchain-based point-of-sale (POS) device. With the XPOS, Lounge X will be able to accept payments made in BTC, ETH, BNB, DGX, KCS, KNC, XEM, and Pundi X’s own token, the NPXS. Lounge X’s customers will be able to experience instant, more secure, and more seamless payments powered by Pundi X technology.

“With Pundi X, the mission to strengthen the adoption of blockchain technology and cryptocurrency payments has united our paths. Together with several great merchant features through the XPOS, we’re happy to provide valuable experiences to our customers.” — Hwang Sungjae, CEO of Food Tech Company Lounge Lab and co-founder of Yookgram

Robot-powered café

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One of the main features of Lounge X is its robot-powered services. A robot barista specializes in drip coffee, and customers can watch it pour and prepare cups by itself. Another robot is tasked to serve food and drinks to customers around the café.

Lounge X is part of Regular Six, a 3,300-square-meter dining space with seven restaurants. Other restaurants in the space include Wolhyang, Sanbang Pig, Joseon Sushi Restaurant, Pyeonghwaok, Yookgram A.I. Aging Room, and Alcove, many of which are also powered by innovative technologies such as artificial intelligence and data analytics.

Blockchain-powered ecosystem

With the installation of the XPOS, Lounge X joins Pundi X’s global payment ecosystem, becoming one of its partner merchants. It joins merchants present in over 25 countries, all of which can accept a variety of cryptocurrencies as payment options.

As a partner merchant, Lounge X will be able to accept payments from customers with the XWallet app, a mobile wallet making it easier for customers to store and transact with their crypto assets. Lounge X’s XPOS is also compatible with the XPASS card, a physical transaction card with NFC capabilities that enables crypto payments.

While Lounge X is already able to accept payments made through various cryptocurrencies, that list will continue to expand once more tokens join Pundi X’s global payment ecosystem through the company’s token listing service called Open Platform. This will allow Lounge X to accommodate even more cryptocurrencies in the future.

When you are in Seoul, Korea, come and use your cryptos for a cup of coffee made and served by Lounge X’s robots!

Pundi X

Pundi X is a leading developer of blockchain-powered…

Pundi X (writers)

Written by

Writers for Pundi X: https://medium.com/pundix

Pundi X

Pundi X

Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

Pundi X (writers)

Written by

Writers for Pundi X: https://medium.com/pundix

Pundi X

Pundi X

Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

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