Dubai to Permit Digital Payments Through Pundi X POS Technology

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Pundi X, a cryptocurrency point-of-sale (POS) technology provider, has partnered with both Ebooc Fintech & Loyalty Labs LLC and emcredit to allow citizens of Dubai to pay for schooling, groceries, utility bills, rent etc. in emcash – a digital stablecoin issued by emcredit. Pundi X is built on the NEM blockchain, a blockchain providing near-instant settlement times and negligent transaction fees (.01%). The POS device, XPOS, provides a user-friendly interface, enabling such digital currency payments to be accepted by businesses and governments. These devices also enable the purchasing of cryptocurrencies on the spot. Payments can be made with either mobile wallets or…...

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Perri Corsello I am a college graduate with degrees in both neuroscience and psychology. Early in my life, I had a powerful spiritual experience and ever since was infatuated with discovering how those sensations, feelings, and thoughts occurred, beginning my journey into the world of neuroscience. I now work at a lab that studies neurological disorders. I only recently became interested in blockchain technology and cryptocurrencies. Bitcoin and the entire ethos behind it fascinates me. Therefore, I decided to utilize my writing and research skills gained in college and apply them to writing articles pertaining to these topics. I also still enjoy writing about neuroscience. Some of my hobbies include dirt biking, skiing and producing electronic music.