Check Out The World's First Traveling Bitcoin ATM
Advertisement
There are at least four Bitcoin ATMs in operation at SXSW this year - one at a bar, one at a coffee shop, one at a gun certification school, and a final one that will be pretty much everywhere else as it rolls around on wheels:
Advertisement
Robocoin
Meet the Robocoin Rover, pictured in its trailer above. The trailer houses a Robocoin ATM that will enable SXSW-goers to turn cash into Bitcoin and vice-versa. (While Robocoin manufactures the devices, they are independently owned and operated. This particular one is managed by Coinvault ATM.)
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Here's a closer look at the interface of the ATM.
Robocoin
The ATM makes use of identity-based security measures, scanning your ID and even making a map of the veins in your palm.
Robocoin
Advertisement
If you're selling Bitcoin, you'll get cash right on the spot.
Robocoin
To get a closer look at how a Bitcoin ATM transaction goes, check out this video.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status