Wanchain, an EVM-based cross-blockchain platform, announced today that Pundi X, a crypto payment solutions provider, will be running a validator node on Wanchain’s Proof of Stake platform.
Validators began setting up nodes on August 20th over a two-week setup and preparation period. Users can now delegate their WAN to the Validators of choice.
Pundi X created a blockchain-backed point of sale solution ecosystem called XPOS. Pundi X started mass production of these devices in February of 2018 and has already shipped devices across 30 countries.
This update comes after Wanchain partnered with Pundi X last May to extend its distributed financial infrastructure, particularly on transactions in physical retail outlets.
Now, Pundi X and Wanchain plan to continue work on improving their cross-chain technology to make the experience of transacting with multiple currencies across various blockchains better.
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