CCBeast Special

Testing Premiere for Pundi X Blockchain-Ready Phone
Editorial Team

Pundi X has announced a new Blockchain-ready phone device. The new DLT operating system and communications protocol-based device will allow users to make calls, send text messages and even share data over a distributed network; potentially eliminating the need for centralized carriers.

On October 10, the “X Phone” placed its maiden call. It will be available for sale in several months. However, prototype devices are currently available for demo testing at the XBlockchain Summit in Bali, Indonesia.

In a Medium post, Pundi X accompanying the announcement that leveraging Blockchain technology will enable the XPhone to communicate without centralized carriers; exchanging data through a distributed network of Blockchain nodes.

“Pundi X develops technology to solve challenges that blockchain technology is facing and make it usable in our life,” said Pundi X CTO Pitt Huangt. “It took decades before the uses of the internet could be applied widely enough to reshape the global economy, human relationships and governance.”

Pundi X devised a new data ecosystem with the imaginative name “Function X” to create a Blockchain communications protocol to handle the data exchanged by mobile phones. Function X allows users to exchange data and use dApps via a new transmission protocol, FXTP, and to save their data on a decentralized storage system, IPFX.  Details of Function X will be revealed next week.

In a video, Pundi X CEO Zac Cheah explains how the phone is integrated onto Blockchain. After setup, each phone is turned into a node on the Function X Blockchain, complete with a 24-word recovery seed and a unique, human-readable name. “There will only be one [with that name]”, Cheah explains, “So first come first served.”

“There are two modes, Blockchain and traditional,” Mr. Huang, explained in a Youtube demonstration. “In traditional mode, you just need to enter the phone number as usual. For a Blockchain call, you use the call function and add the node name at the end.”

Pundi X has covered the technical details of the mobile Blockchain, and it is not yet clear how it would face the pressure of heavy use.

“Scalability in Blockchain is derived from the number and geographic spread of nodes,” Cheah said in the statement.  “[I]t’s clear that achieving a critical mass in terms of scale will require something with utility for the vast majority.”

This is a new frontier for Pundi X, a company which has previously made a name with crypto-powered point-of-sale devices. Although other companies, like Huawei, are also incorporating blockchain tech to mobile phones, Pundi X says that the ability to operate without centralized carriers is a game changer.

The XPhone OS is currently available only for testing. The device itself and the XPhone blockchain are slated for an official release in the second quarter of next year.