Beijing Jiangzhi Information Technology (NEEQ:430443) has launched XPOT, a sub-brand of Pundi X POS in China. Together with IPChain (an intellectual property management platform based on blockchain technology), Piaolian (a blockchain company focuses on notes financing), HC360.com (a Chinese e-commerce platform), Skyline Media (NEEQ: 836628), Jiangzhi will explore the potential of cryptocurrency payment market in China with XPOT.

IP Chain introduced XPOT at the launch event in Beijing Marriott Hotel

Powered by Pundi X, XPOT is a sister product of Pundi X POS. The device itself has a sleek screen interface and in white color. It shares the same software and blockchain technology with Pundi X POS. In the near future, Pundi X and Jiangzhi will expand the reach of XPOT in Hong Kong and Thailand together.

Mr. Prachuab Chaiyasan (center), Former Minister of Foreign Affairs of Thailand, attended the launch event

We are excited to have great partners in China to kick off and deploy Pundi X POS devices. If you spot XPOT in China and Thailand later this year, please feel free to pin us.