Pundi X certainly advocates for a totally decentralized future, creating devices and platforms that take full advantage of blockchain technology. Today, it released the first mobile phone powered by its own native decentralized platform.
At the XBlockchain Summit in Bali, convention goers got the chance to try out Pundi X’s newest gadget — the ‘XPhone.’
The mobile phone’s operating system is based on PundiX’s blockchain known as Function X (f(x)), and each device has the capability of acting as a node. All of the operating XPhones will create a decentralized network, allowing users to make calls or send data and messages without the need to purchase a plan from a third-party service carrier.
According to a press release on PRNewswire, PundiX co-founder and CTO Pitt Huang is optimistic about a decentralized future.
The new operating system will allow anyone to develop a decentralized application (dApp) and upload it to the dApp Store. The Function X operating system and dApp market will also be fully integrated into PundiX’s existing point-of-sale devices known as XPOS.
Ring-Ring-Ka-Ching?
The price movement of Pundi X’s cryptocurrency, NPXS, is quite unique. In June of this year, Pundi X won the seventh round of cryptocurrency exchange Binance’s ‘Community Token’ competition and was awarded a free listing. Since its listing, the NPXS coin dipped heavily in value against Bitcoin (BTC) but has flattened out in the range of 20 to 30 satoshis. It seems to trade primarily in an alternating pattern on the daily chart since hitting the bottom. It has yet to be seen if NPXS can hold these levels, but could prove profitable when the XPhone is released to the public.
What are your thoughts on blockchain powered devices? Do you think the XPhone will be popular among cryptocurrency users? Let us know your opinions in the comments below!
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Kyle Baird
Kyle migrated from the East Coast USA to South-East Asia after graduating from Pennsylvania's East Stroudsburg University with a Bachelor of Science degree in 2010. Following in the footsteps of his grandfather, Kyle got his start buying stocks and precious metals in his teens. This sparked his interest in learning and writing about cryptocurrencies. He started as a copywriter for Bitcoinist in 2016 before taking on an editor's role at BeInCrypto at the beginning of 2018.
Kyle migrated from the East Coast USA to South-East Asia after graduating from Pennsylvania's East Stroudsburg University with a Bachelor of Science degree in 2010. Following in the footsteps of his grandfather, Kyle got his start buying stocks and precious metals in his teens. This sparked his interest in learning and writing about cryptocurrencies. He started as a copywriter for Bitcoinist in 2016 before taking on an editor's role at BeInCrypto at the beginning of 2018.
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