NEM Aims At Becoming the Biggest Retail Payment Blockchain with the NEM XPOS of Pundi X

Pundi X has been a revelation in the merchant business ever since it was launched. The firm has been on the forefront to channel the fiat retail store industry (that is heavily dominated) to the movement of digital currency. NEM (XEM) is the first digital currency to partner with Pundi X when it was incorporated into the beta versions of their POS devices in the last quarter of 2017.
The Pundi X and NEM blockchain showed further strength in the second quarter of 2018, as Pundi X announced the first twenty thousand NEM XPOS devices terminals. These will be distributed to the NEM foundation which will distribute them to physical retail stores.

The devices will indeed change how the present digital currency merchant and client payments are done. The project is designed to make the fiat to digital currency payments seamless, low cost, and instant, encouraging the adoption of digital currencies.

SEE ALSO:   Why Ripple is The Banking Industry's Lady in Green

How NEM XPOS Aims to Impact XEM

1. Merchants that Are Using NEM XPOS Will Increase the Adoption of XEM
As soon as merchants, as well as other retail clients, begin to use the POS terminals, digital currencies may experience an increase in adoption as both purchasing and selling will be easier. With NEM (XEM) holding the number one position on the list partnership (Zcash has also gained the support of Pundi XPOS), it will increase the adoption of XEM amongst the public.

2. NPXSXEM Listing on Top Exchanges Will Positively Affect the Value of XEM
NPXSXEM is the new token that will be used on the POS, and it will soon be featured on exchanges. The digital currency has already been featured on Exrates – a digital currency exchange that allows bitcoin, US dollar, and USDT pair’s trades.

SEE ALSO:   CNBC’s Crypto Trader Will HOLD BCH and FOLD BTC 

3. Real-Life Applications Powers Stability
XEM is proving to be token used in the real world, as the XPOS offers real use to digital currencies. This means the cryptocurrency will be bought with a utilization purpose and not only speculations. This will also reduce the volatility of the coin.

Legal Disclaimer: The content of this website (smartereum.com) is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on smartereum.com as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither smartereum.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from smartereum.com.

SEE ALSO:   TRON Price Prediction: What the Future Holds for Tron 

Leave a Comment

Get Smart About Crypto!


Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!