Pundi X, the cryptocurrency point-of-sale producer, revealed on Friday a brand new partnership with the World Crypto Providing Trade (GCOX), which represents former England striker Michael Owen. The footballer’s ‘Owen Coin’ cryptocurrency will now be usable in retail storefronts outfitted with a personalized model of the Pundi X point-of-sale terminal. PundiX lately introduced buybacks of its underlying token to gasoline extra partnerships sooner or later.
The Owen Coin is the results of the footballer’s partnership with the Singapore-based GCOX, which claims to be the world’s first movie star cryptocurrency alternate.
CEO and Co-Founding father of Pundi X Zac Cheah said, “The price of cryptocurrency adoption grew exponentially amongst Millennials in recent times. The movie star tokens will certainly achieve recognition and excessive curiosity. Take myself, for instance, I’m a soccer fan and would love to purchase the OWN token when it’s out there. With the Pundi X POS, it is going to make GCOX tokens a lot simpler for individuals to transact and widen their adoption.”
Pundi X additionally introduced, at the tip of final month, that its terminals will assist Zcash, which claims to be the primary blockchain designed to give customers management over the knowledge they disclose onto the blockchain, with over USD 1 billion price of ZEC in circulation.
UX Engineer at the Zcash Firm Linda Lee said, ”We wish ZEC to be used as a forex for day-to-day transactions, however imagine that two main boundaries to adoption are level of gross sales integration and an intuitive manner to work together with that integration. We hope that Pundi X’s Zcash assist will allow many customers in Korea, Japan and Singapore to use Zcash as a way of cost of their day-to-day transactions”.
Pundi X now has workplaces in China, Indonesia, Japan, South Korea, Singapore, Taiwan, Latin America and Europe, and plans to ship over 25,000 XPOS cryptocurrency point-of-sale-terminals earlier than the tip of 2018.
Cheah concluded, “Our XPOS level of gross sales gadgets can carry up to 15 totally different currencies, with future plans for extra. Now we have rigorously chosen our partnerships to give customers and retailers extra decisions and it’s very thrilling to announce a cope with one of many world’s main cryptocurrencies, not simply on the measure of market penetration however technological innovation and shopper focus, too.”