Pundi X
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Pundi X

Q2 2021 Progress Report

Note: below is the summary transcript of the quarterly report, there might be minor grammatical discrepancies as you may watch the original video transcript for the best understanding. For the original video, you may watch it at https://www.youtube.com/watch?v=gjEUnXvQwFg

LATAM Market trend

Brazil by its population, landscape and culture, is suitable as a starting point for corporations to develop the Latin American market. For example, Ingenico has established a co-working space in Sao Paulo, Brazil, which is where our Brazilian office is located.

Numbers of XPOS transactions in Q2 2021

XPOS Transaction Mining

We have conducted a small scale of XPOS mining trail in late June. The purpose of the XPOS transaction mining is to make XPOS not only for payment but also selling other blockchain-based assets, which could be mobile credits, gift cards or game credits. This mining program is to motivate and reward XPOS merchants.

Function X Mainnet launched on July 6, 2021



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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