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Pundi X Takes the Telecom Route With Function X and Makes the First Blockchain Phone Call

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KONSKIE, POLAND - JULY 08, 2018 Pundi X (NPXS) cryptocurrency website displayed on Huawei Y6 2018 smartphone. Source: shutterstock.com

Pundi X recently made the world’s first blockchain phone call on its XPhone. In a recent blog post, Pundi X announced the news, suggesting that the company aims to integrate blockchain technology with real life. After creating the world’s first blockchain-powered point-of-sales device, Pundi X has now jumped into the telecom sector.

XBlockchain Summit Witnesses History

The ongoing XBlockchain Summit in Inaya Putri Bali witnessed the public demo of the first-ever blockchain-based phone call made on XPhone. The device doesn’t need a centralized mobile carrier. It works independently using distributed ledger technology, more specifically the Function X blockchain.

Pundi X suggests that it has created its own blockchain platform that will help in answering problems related to scaling and decentralized app (DApp) deployment while achieving true decentralization. The new project by Pundi X can also disrupt the way data of any kind are distributed.

What Does Function X Include?

Pundi X explained its public blockchain as follows:

“Function X is not just a public chain. It is a total decentralized solution. It consists of five essential components: Function X OS, Function X Blockchain, Function X IPFS, FXTP Protocol, and the Function X Docker. All five have one sole purpose which is to decentralize all apps, website, communications, and data.”

The Function X OS is based on Android’s latest 9.0 Pie version, which means that it is backward compatible with Android applications as well. Pundi X suggests that transitioning to the Function X platform will be relatively smoother, and developing DApps will also be easier. All decentralized web requests are handled using F(X) OS, F(X) Chain F(X) FXTP, F(X) Docker, and F(X) IPFS, instead of the regular Hypertext Transfer Protocol (HTTP).

Each device in the ecosystem will act as a node. It will have its own private key and address, which will be linked to their node names. The new system will replace the conventional https:// with FXTP://xxx.pitt. Phone calls, messages, and emails can also be executed on this platform using the ‘call.pitt,’ ‘message.pitt,’ and ‘mail.pitt’ functions, respectively.

Pundi X suggests that data transmission guarantees communication without any interception and provides direct access to the data shared by other people. All data sent through Function X will be recorded on the blockchain.

The XPhone OS is available only to phone manufacturers for testing. Pundi X will reveal detailed information of the system on Oct. 15. The Function X blockchain, XPhone, IPFS, and FXTP will be launched in the second quarter of 2019.

Pundi X Takes the Telecom Route With Function X and Makes the First Blockchain Phone Call was originally found on [blokt] – Blockchain, Bitcoin & Cryptocurrency News.