By
Bhushan Akolkar
April 19th, 2024
Just recently, in a medium blog post, PundiX team has revealed that they have successfully integrated Samsung Blockchain Wallet into their payment app.
In recent news, PundiX has revealed that they have successfully integrated Samsung Blockchain Wallet into their app, thus becoming the first Fintech app in the Samsung Blockchain ecosystem. As they say – this will “provide a new experience in digital asset management and spending”.
At the moment, Samsung Galaxy S10 users can already add the XWallet app to their Samsung Blockchain Wallet and vice versa. By doing so, users can seamlessly transfer tokens from their XWallet app to Samsung Blockchain Wallet. By adding the XWallet app to their Samsung Blockchain Wallet they can also use it for instant crypto payments, which PundiX calls global.
Now, if we look at how much PundiX is being used as a means of payment we clearly see that currently within the PundiX network there are 64,178 addresses. According to the PundiX token tracker, there have been only 1,173,128 total transfers within the PundiX network. And that is not much if we take into consideration that this token was created in March 2018. Nevertheless, that is not meaningful. The main thing is that now the company is going to collaborate with Samsung, and that is all that matters in the sense of mainstream adoption.
Additionally, if you only prefer to use the XWallet app, you also can add Samsung Blockchain Wallet and, as PundiX explains, you “will be able to choose to store their digital assets securely in Samsung Blockchain Wallet, like a savings account.”
Samsung Blockchain Wallet
Previously, Samsung admitted that they are working on a blockchain solution and not so long ago, they presented the new Galaxy S10 which has a built-in blockchain wallet for cryptocurrencies. Now let’s focus on the issue of mainstream adoption. It doesn’t get better than that. Judging by statistics, Samsung smartphones are being used by approximately 1.2 billion users worldwide and it is the global leading smartphone manufacturer, going past Apple.
But that’s not the end of the company’s initiatives in this field. Samsung also provides the ability for developers to publish dApps for users to get benefits from.
“This presents a unique opportunity to push blockchain technology and blockchain-based digital assets into the mainstream, reaching the millions of Samsung smartphone users around the world,” writes PundiX in the recent blog post.
XPOS – What Is That?
So when you use PundiX XWallet you would most definitely want to top up your wallet or account in order to properly use it and use it for conducting transactions between parties. XPOS does this for PundiX users and they call it “the world’s first blockchain-powered point-of-sale device”. PundiX claims that it has been deployed around 25 countries of the world. The company writes that this achievement makes PundiX services and features available for a much larger and wider audience than ever before.
Let us also point out that the main advantage of the collaboration between Samsung and PundiX for users is the following one. By adding the XWallet in your Samsung Blockchain Wallet, or vice versa, you can safely store your assets within the Samsung Blockchain Wallet, and securely spend your other balances with XWallet by PundiX. Currently, XWallet supports BTC, ETH, BNB, KNC, KCS, XEM, QTUM and, of course, NPXS and NPXSXEM.