{"id":13707,"date":"2022-11-20T20:42:00","date_gmt":"2022-11-20T20:42:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3942388_CN42388_0"},"modified":"2022-11-20T20:42:00","modified_gmt":"2022-11-20T20:42:00","slug":"pundi-x-joins-prospera-to-build-a-crypto-friendly-zone-for-bitcoin-adoption","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13707","title":{"rendered":"Pundi X joins Pr\u00f3spera to build a crypto-friendly zone for Bitcoin adoption"},"content":{"rendered":"<p><span class=\"legendSpanClass\">ROATAN, <span class=\"xn-location\">Honduras<\/span> and <span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 21, 2022<\/span><\/span> \/PRNewswire\/ &#8212; To spread <span>crypto<\/span> adoption, <span class=\"xn-location\">Singapore<\/span>-based blockchain solutions provider Pundi X will be giving away free XPOS devices with its latest Web 3.0 upgrade to successfully-verified merchants during the Pr\u00f3spera Fintech Festival to be held from <span class=\"xn-chron\">November 18 to 20<\/span> in Roat\u00e1n, <span class=\"xn-location\">Honduras<\/span>.<\/p>\n<p>XPOS, the world-first blockchain-based point of sale platform, notably allows brick-and-mortar retailers to begin accepting <span>crypto<\/span> payments with any blockchain wallets as well as just the easy swipe of a pre-paid <span>crypto<\/span> card. The overall goal of distributing these XPOS devices is to encourage widespread <span>crypto<\/span> adoption and give retailers a greater variety of payment options.<\/p>\n<p>Pundi X&#8217;s involvement with the Pr\u00f3spera Fintech Festival is especially appropriate considering Pr\u00f3spera&#8217;s status as a special economic zone where <span>Bitcoin<\/span> is effectively legal tender. In fact, Pundi X has already partnered with the Pr\u00f3spera Economic Zone&#8217;s local government and local communities to allow businesses like resorts, scuba shops, and restaurants to accept <span>crypto<\/span> from their guests. Allowing Pundi X to contribute its solutions to the Pr\u00f3spera Economic Zone resulted in expanded economic opportunities for small businesses in the area.<\/p>\n<p>According to Honduras Pr\u00f3spera Inc. CEO <span class=\"xn-person\">Erick Brimen<\/span>, Pundi X&#8217;s prior expertise in helping traditional retailers understand <span>crypto<\/span> is crucial for guaranteeing the Pr\u00f3spera Economic Zone&#8217;s success. &#8220;Retail businesses are intimidated by the complexities behind <span>crypto<\/span>. Yet something handy like the XPOS smart device shows accepting <span>crypto<\/span> is no more complex than a card swipe and pressing a few buttons,&#8221; Brimen said.&nbsp;<\/p>\n<p>XPOS devices also allow businesses to accept payments in popular cryptocurrencies such as <span>Bitcoin<\/span>, <span>Ethereum<\/span>, BNB, DAI, PUNDIX, FX, and USDT. Additionally, XPOS can accept BTC, USDT, <span>ETH<\/span>, BNB payments from all supported blockchain wallets, including <span>Bitcoin<\/span> lightning network, BNB Smart Chain, <span>Ethereum<\/span>, and Tron. This wide variety gives businesses true flexibility and freedom when it comes to payment options they can take.<\/p>\n<p>Of course, offering the ability to accept multiple cryptocurrencies brings more benefits than just flexibility and freedom. Accepting cryptocurrencies and converted in stablecoins automatically for merchants can reduce the volatility they will face.<\/p>\n<p>&#8220;We want businesses to feel confident and secure when using <span>crypto<\/span>,&#8221; explained Pundi X CEO and co-founder <span class=\"xn-person\">Zac Cheah<\/span>. &#8220;When you alleviate concerns on inaccessibility and instability you go a long way in turning businesses <span>crypto<\/span>-friendly.&#8221;<\/p>\n<p>Businesses interested in applying for a free XPOS device can sign up to enter the event through the link here: <u><a href=\"https:\/\/shop.pundix.com\/roatan\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/shop.pundix.com\/roatan<\/a><\/u>.<\/p>\n<p> <b>About Prospera<\/b> <\/p>\n<p>Honduras Pr\u00f3spera Inc is the Promoter and Organizer of the Pr\u00f3spera ZEDE, a world-class special economic zone in <span class=\"xn-location\">Honduras<\/span>. The Pr\u00f3spera ZEDE leverages Honduras Pr\u00f3spera Inc&#8217;s governance platform to create the conditions for unleashing shared prosperity and economy in <span class=\"xn-location\">Honduras<\/span>. This governance model is based on a seamless integration of common law, an open regulatory framework, and professional service providers with the aim of creating shared, all-inclusive social and financial opportunities and a positive environment for all groups involved.<\/p>\n<p> <b>About Pundi X Labs<\/b> <\/p>\n<p>Based in <span class=\"xn-location\">Singapore<\/span>, Pundi X was founded in 2017 with the aim of harnessing the power of blockchain technology to make a more secure and inclusive world. The company is responsible for developing the XPOS, a point-of-sale platform that allows brick-and-mortar stores to transact on the blockchain. The company currently has offices in <span class=\"xn-location\">Jakarta<\/span>, S\u00e3o Paulo, <span class=\"xn-location\">Seoul<\/span>, <span class=\"xn-location\">Taipei<\/span>, and <span class=\"xn-location\">Tokyo<\/span>.<\/p>\n<p>Pundi X has also been selected as one of the top 50 Innovative Fintech Startups in 2018 by KPMG and H2 Ventures, cool vendors in blockchain business by Gartner, and top 10 fintech leader by Singapore Fintech Association.<\/p>\n<p>For more information, visit <a href=\"https:\/\/www.pundix.com\" rel=\"nofollow\">https:\/\/www.pundix.com<\/a><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN42388&amp;sd=2022-11-20\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/pundi-x-joins-prospera-to-build-a-crypto-friendly-zone-for-bitcoin-adoption-301683433.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/pundi-x-joins-prospera-to-build-a-crypto-friendly-zone-for-bitcoin-adoption-301683433.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ROATAN, Honduras and SINGAPORE, Nov. 21, 2022 \/PRNewswire\/ &#8212; To spread crypto adoption, Singapore-based blockchain solutions provider Pundi X will be giving away free XPOS devices with its latest Web 3.0 upgrade to successfully-verified merchants during the Pr\u00f3spera Fintech Festival to be held from November 18 to 20 in Roat\u00e1n, Honduras. XPOS, the world-first blockchain-based [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13707","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pundi X joins Pr\u00f3spera to build a crypto-friendly zone for Bitcoin adoption - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=13707\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pundi X joins Pr\u00f3spera to build a crypto-friendly zone for Bitcoin adoption - My Blog\" \/>\n<meta property=\"og:description\" content=\"ROATAN, Honduras and SINGAPORE, Nov. 21, 2022 \/PRNewswire\/ &#8212; To spread crypto adoption, Singapore-based blockchain solutions provider Pundi X will be giving away free XPOS devices with its latest Web 3.0 upgrade to successfully-verified merchants during the Pr\u00f3spera Fintech Festival to be held from November 18 to 20 in Roat\u00e1n, Honduras. 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