Home Blockchain Blockchain News First ever blockchain-based point of sale device gets FCC, CE, TRA, and...

First ever blockchain-based point of sale device gets FCC, CE, TRA, and KC


XPOs the first ever digital ledger technology (DLT) based point of sale device has been able to secure FCC, CE, TRA and KC certificates.

Pundi X is a renown developer of applications backed up by the blockchain technology. Pundi X recently revealed its XPOS, which is the very first point-of-sale solution backed up by the blockchain technology.

Zac Cheah is co-founder and chief executive officer Pundi X, and he commented on XPOS. He stated that these numerous certificates are going to help XPOS expand and settle in the United States, European Union, South Korea, and the United Arad Emirates.

All these countries have a strict attitude towards accepting such technologies, but these certificates are going to help validate their presence in the market.

XPOS is a first of its kind point-of-sale solution that allows safe digital transactions on blockchain platforms as well as real stores. The transactions can be as simple as buying goods and services. XPOS accepts coins like Bitcoin, Ethereum, Binance, and NPXS. Some users can also deal in fiat currency on the platform.

These certificates help XPOS expand not only in the United States and Europe but also in places where the FCC and CE markings are valued as XPOS holds their certification as well.

XPOS helps fulfil the collective goal of crypto space, which is the mass adoption of crypto and blockchain technology. These certificates increase XPOS’s range of influence.

A certification by the FCC And CE assure the consumer that the product in question is safe for use. With this label attached XPOS can be marketed to a wide range of audience globally. The consumer will trust the FCC and CE label and might be willing to give XPOS a shot.

Zac Cheah stated that now a blockchain powered appliance has been integrated into the devices that aim to improve the quality of life. XPOS is on its way to be introduced in over twenty-five countries. Estimates suggest that over a hundred thousand devices will be out for sale by next year.

Source link

- Advertisment -

Most Popular

Improving Robots’ performance with Machine Learning

A small drone takes a test flight through a space filled with randomly placed cardboard cylinders acting as stand-ins for trees, people or structures....

Combination of Robots, AI and Data Analytics in your local Supermarket

Robots patrolling grocery store aisles and warehouses; so-called dark stores dedicated to online-only orders; data crunched in the cloud that allows retailers to identify and even...

5 (Most Common) Mistakes New Data Scientists Must Avoid

Emerging technologies like data science, machine learning, artificial intelligence are exploding by giving new dimensions to its applications. With business booming into data-driven technologies...

Using Blockchain to manage the supply chain COVID-19 vaccine

Blockchain could play an essential role in the distribution of the COVID-19 vaccine. Tackling COVID-19 will require the first-ever deployment of blockchain in the...

Role of Artificial intelligence in IVF

IVF is a physically and emotionally draining process and success isn’t guaranteed. But machine learning technology could improve the odds for couples trying to...

Machine Learning a major part of Google Sheets

It’s been a while since the first version of BigML’s add-on for Google Sheets. The post announcing it described how one could add predictions...
- Advertisment -