Chainzilla , a Panamanian start-up looking for solutions Blockchain recently announced its collaboration with PundiX and its XPOS payment system to benefit from fast cryptocurrency conversions.
Pundi X storms Panama
Pundi X is a Blockchain development company that seeks to popularize the use of crypto-currencies by offering an easy-to-use payment ecosystem such as XWallet, XPOS and XPass cards.
Recently, the company landed in Panama to reinforce the use of crypto-currencies by collaborating with a local startup called Chainzilla. This company is one of the precursors of the Blockchain of the region and will facilitate the bringing together of PundiX towards the local community.
A crypto-enthusiastic ecosystem
Although Charles Gonzales, CEO of Chainzilla has described the mission of PundiX as arduous, he hopes that the facilitation of payment services through stable currencies alongside traditional payment methods could facilitate the task.
At the same time, the two companies are expected to grow faster thanks to Panama's open and welcoming policy on cryptocurrency. Indeed, Panamanian regulations do not provide any text on the exploitation of this technology but seem to grant non-financial licenses for money transfer companies.
Currently, some 11 cryptocurrency ATMs (ATMs) are spread throughout the territory to put the citizens of Panama in the crypto-revolution bath. Thanks to the services of PundiX and Chainzilla, the proportion of users could increase and promote legalization in the months to come.
What do you think about these payment services offered by Pundi X? Will its association with Chainzilla facilitate the democratization of cryptocurrency in Panama? Comment in the comments section.