Function X Foundation, an L1-based blockchain infrastructure developing platform has recently declared that it is introducing a conveniently used card for hardware wallets. As per the announcement, the respective product will be launched by the platform at the Mobile World Congress (MWC). The respective event is planned to be conducted from the 27th of February to the 2nd of March in Barcelona, Spain.
Function X Releases p(x)Card for Convenient Crypto Transfers Via Physical Outlets
The product’s name is p(x)Card. It permits the consumers to possess their private keys along with having the capability to purchase and recompense crypto assets. In addition to this, it also enables the verification of the non-fungible tokens in real-world-based retail centres with the use of XPOS. XPOS counts as the initial blockchain-based point-of-sale devices made by Pundi X Labs. Such devices are utilized by numerous merchants throughout 30 countries across the globe.
The p(x)Card utilizes the Near Field Communication (NFC) technology that enables effective 2-way interaction between 2 transfer parties. Apart from that, it also ensures the protection of the information with secure channels and encryption. The people using the p(x)Card can conveniently authorize transfers with mobile devices compatible with the NFC technology, taking into account point-of-sale terminals. p(x)Card’s first edition supports Polygon, Ethereum, BNB Smart Chain, and f(x)core.
The Hardware Wallet Card’s Launch Is a Landmark, Says the President
While discussing the venue for the release of the latest product, Function X stated that the MWC is the most influential and the biggest connectivity event in the world. As per it, the event attracts more than 100,000 attendees belonging to diverse regions around the world. They will include manufacturers, tech companies, and operators utilizing the event to present their services and products. David Ben Kay, Function X Foundation’s President, says this launch is a landmark move for the platform.
