Pundi X Claims First Ever Phone Call Using BlockchainOct 12, 2018 at 23:00
Crypto startup Pundi X claims that it has made the first phone call through the blockchain technology.
According to Pitt Huang, the company’s co-founder, the ‘historic’ phone call was made using XPhone, their newly developed device that does not require the use of any centralized mobile carrier.
— Pundi X Official Account (Pls do not send ETH) (@PundiXLabs) October 10, 2018
The phone works through Function X, a blockchain network created by Pundi X that is aimed to solve issues with current blockchain platforms including scalability, publishing of decentralized applications and decentralization of the internet.
Huang also claims that each device on the Function X ecosystem will function as a node and will have their own address and private key that is uniquely linked to their node names unlike traditional URL and IP addresses.
Earlier, the United Arab Emirates said that it will roll out crypto enabled point-of-sale devices to various government and retail chains in partnership with Pundi X to allow purchase of goods and services through cryptocurrencies even in physical stores and outlets.
It can be noted that XPhone is not the sole smartphone that is being touted to run on the blockchain technology. Mobile developer, HTC is one of the most active firms that is also busy on creating a smartphone that will utilize the said technology.
Last July, Litecoin even announced that it will partner with HTC’s blockchain phone.
You can know more about Pundi X’s NPXS here.