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Topic: Thoughts on Pundi X project - page 3. (Read 1340 times)

full member
Activity: 149
Merit: 100
September 21, 2017, 05:20:01 AM
#9
This is very cool.

My question is, how do you make sure the device and card is secure.
full member
Activity: 448
Merit: 103
September 21, 2017, 03:14:48 AM
#8
Yes, I think is a good idea, especially if you choose South Asia region to apply this.

Thank you, that is our hope. ~70% of people in the region doesn't have a bank card and account, so it's impossible for them to buy from online exchanges.
jr. member
Activity: 149
Merit: 2
September 21, 2017, 03:13:54 AM
#7
You should bring this project to China. With Alipay and Wechatpay we still cannot buy crypto in 7-Eleven.

Or I should travel to Bali to buy since it's not expensive to fly there these days Smiley)) Grin

We would love to, and China will proof to be very challenging market, if not the most Smiley

Integrating it with Alipay might serve alot of sense too, though we are not sure if Chinese regulators will be happy given what happen lately.

Our focus is really to encourage mass usage first in South East Asia. And please visit Bali Smiley

What regulators, who? haha.

I think bitcointalk forum will be many Chinese people because we want to have more freedom to discuss crypto.
full member
Activity: 448
Merit: 103
September 21, 2017, 03:12:34 AM
#6
You should bring this project to China. With Alipay and Wechatpay we still cannot buy crypto in 7-Eleven.

Or I should travel to Bali to buy since it's not expensive to fly there these days Smiley)) Grin

We would love to, and China will proof to be very challenging market, if not the most Smiley

Integrating it with Alipay might serve alot of sense too, though we are not sure if Chinese regulators will be happy given what happen lately.

Our focus is really to encourage mass usage first in South East Asia. And please visit Bali Smiley
jr. member
Activity: 149
Merit: 2
September 21, 2017, 03:10:27 AM
#5
You should bring this project to China. With Alipay and Wechatpay we still cannot buy crypto in 7-Eleven.

Or I should travel to Bali to buy since it's not expensive to fly there these days Smiley)) Grin
full member
Activity: 448
Merit: 103
September 21, 2017, 03:08:45 AM
#4

This is probably one of the best ICOs I've seen so far.

Many ICOs today are focused on the blockchain space doing virtual connectivity and decentralization, while this is very noble and will kill the banks (hopefully) it is still not benefitting the normal people still. I am just afraid that we swap one big connected bank with baldies with one decentralized bank with kids. So it's refreshing that you have something that I can see and hold and use it, especially for the normal people.

You might want to check out hero token so far, I think they are also in South East Asia and does something close to you.



Thanks! Glad to hear that Smiley

Yes, living in Indonesia allows us to know that while bitcoin revolution is brewing online, the offline people will never be part of it if we don't do something.

Thanks for recommending token hero Smiley
full member
Activity: 149
Merit: 100
September 21, 2017, 03:06:47 AM
#3
Hi guys,

Here's the background:

In 2-2017 we launched a payment app and managed to corner a small payment market in our market. Several of us in the team play bitcoins and are crypto-anarchist wannabe, but never thought of doing anything with crypto except trading, and hopefully one day using it to buy groceries. Then ICO explodes.....

Should we leverage on this ICO craze (in a good and right way) ?

We create this use case:
1. Buying cryptocurrency should be as easy as buying a bottled water
2. Spending cryptocurrency should be easier than using a cashless app

Statement 1 & 2 are designed for normal people, those that call us "and ask what bitcoin is" because we look nerdy enough for them to think we know. Smiley

We have
1. Working app - which is no1 (at least top 3) in Indonesia despite being a new comer. It's a QR payment system like Linepay in Japan or Alipay in China. It's geared towards offline payment so the use case is to pay when you buy a coffee or groceries by scanning the QR code. We have credit lending in it but decided to postpone it since we don't have P2P(or on-site) lending license.

2. Working device - we modified a POS machine (some call EDC) manufactured in Shen Zhen, and we have ordered 500 of them. Actually since we have a team in Shen Zhen we can pre order and get 10000 devices in two weeks. It's very secure and I invite hackers to break it, through software or hardware attack.

3. Working card - A decade ago people feel safer when they buy talk time (mobile calling card) they need to have a plastic card. So we will give that to the people too.

Finally we want to roll out 1,000,000 smart devices connected to the Ethereum blockchain in 3 years.

Again we are not chasing the ICO craze purely for money, but we do think its a good chance to roll out projects that can really benefit normal people. >90% of crypto is in the hands of 1% is not right. Crypto will not be the currency we want to be if it's not shared with more people.

Thoughts? Advice needed.


This is probably one of the best ICOs I've seen so far.

Many ICOs today are focused on the blockchain space doing virtual connectivity and decentralization, while this is very noble and will kill the banks (hopefully) it is still not benefitting the normal people still. I am just afraid that we swap one big connected bank with baldies with one decentralized bank with kids. So it's refreshing that you have something that I can see and hold and use it, especially for the normal people.

You might want to check out hero token so far, I think they are also in South East Asia and does something close to you.

newbie
Activity: 35
Merit: 0
September 21, 2017, 01:32:57 AM
#2
Yes, I think is a good idea, especially if you choose South Asia region to apply this.
full member
Activity: 448
Merit: 103
September 20, 2017, 10:45:03 PM
#1
Hi guys,

Here's the background:

In 2-2017 we launched a payment app and managed to corner a small payment market in our market. Several of us in the team play bitcoins and are crypto-anarchist wannabe, but never thought of doing anything with crypto except trading, and hopefully one day using it to buy groceries. Then ICO explodes.....

Should we leverage on this ICO craze (in a good and right way) ?

We create this use case:
1. Buying cryptocurrency should be as easy as buying a bottled water
2. Spending cryptocurrency should be easier than using a cashless app

Statement 1 & 2 are designed for normal people, those that call us "and ask what bitcoin is" because we look nerdy enough for them to think we know. Smiley

We have
1. Working app - which is no1 (at least top 3) in Indonesia despite being a new comer. It's a QR payment system like Linepay in Japan or Alipay in China. It's geared towards offline payment so the use case is to pay when you buy a coffee or groceries by scanning the QR code. We have credit lending in it but decided to postpone it since we don't have P2P(or on-site) lending license.

2. Working device - we modified a POS machine (some call EDC) manufactured in Shen Zhen, and we have ordered 500 of them. Actually since we have a team in Shen Zhen we can pre order and get 10000 devices in two weeks. It's very secure and I invite hackers to break it, through software or hardware attack.

3. Working card - A decade ago people feel safer when they buy talk time (mobile calling card) they need to have a plastic card. So we will give that to the people too.

Finally we want to roll out 1,000,000 smart devices connected to the Ethereum blockchain in 3 years.

Again we are not chasing the ICO craze purely for money, but we do think its a good chance to roll out projects that can really benefit normal people. >90% of crypto is in the hands of 1% is not right. Crypto will not be the currency we want to be if it's not shared with more people.

Thoughts? Advice needed.
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