News

Bitcoin ATM headed to ATMIA 2014

January 22, 2014

Genesis Coin Inc. has announced that the company's flagship Genesis1 Bitcoin ATM will be showcased at this year's ATMIA USA conference, Feb. 11-13 in Orlando, Fla. ATMIA USA's annual conference and expo is the largest ATM-focused event in the world. The Genesis1 ATM will be showcased in the Grant Victor Innovation Lounge, along with other products that highlight the next generation of self-service technology, the company said in a press release.

"Bitcoin, while still in its infancy, has already proven itself to be a serious platform for facilitating economic exchange on a global scale ... and yet this only scratches the surface of the technology's true potential," Genesis Coin CEO Evan Rose said in the announcement. "The unique properties of the Bitcoin payment network represent a tremendous boon for businesses and consumers alike. Bitcoin eliminates chargeback risk while dramatically reducing processing fees, and consumers needn't worry about theft of their private financial information."

According to the company, the Genesis1 provides instantaneous conversion services between traditional currencies and Bitcoin through a user-friendly interface.

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