Qtum one step closer to mass adoption after point-of-sale deal with Pundi X

QTUM Tokens can be used to pay for goods in shops across the world

Qtum, the first successful Proof-of-Stake blockchain, is a big step closer to mass adoption after striking a deal that will allow people to use QTUM tokens to pay for goods in shops across the world.

Qtum will soon be a household name, appearing on the first 4,000 point-of-sale devices that are about to be shipped across the world by Pundi X – a cryptocurrency solutions provider for retail stores.

The Point-Of-Sale devices will be delivered to retailers in countries including Korea, Japan, Singapore and Switzerland.

“Pundi X has the potential to deliver the final nudge that opens the floodgates to mass adoption of QTUM,” Said Patrick Dai, CEO and founder of Qtum.

“It’s time that we offered individuals the option to pick between fiat and crypto when ordering a coffee or purchasing goods. It’s fantastic to be working with Pundi X to give consumers this choice.”

Zac Zheah, CEO and Co-founder of Pundi X added: “We’re thrilled to be able to play a role in bringing cryptocurrency to the masses. A big part of our mission is pushing merchant adoption with enhanced point of sale devices. PoS cryptocurrencies such as Qtum are of particular importance in the long run, due to their reduced environmental footprint.

“We look forward to seeing an increased usage in retail.”

The Pundi X device is a game-changer in retail, enabling both merchants and consumers to do cryptocurrency-to-fiat or fiat-to-cryptocurrency transactions easily – the devices interface directly with the blockchain. Few solutions even come close to mirroring the potential that such a device has in the retail arena for pushing mainstream adoption.

The Pundi X project is the successor to Pundi-Pundi, one of Indonesia’s most prominent innovators in cashless QR code payments.

Qtum already has over 7,000 nodes across the planet, making it one of the world’s most decentralized blockchains.

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Editor in Chief: Wanda Rich

Editor in Chief: Wanda Rich

Wanda has over 20 years of experience in the Financial industry. She is an avid reader and a strong supporter of CSR and community outreach activities with a unique perspective of how financial institutions work.
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