November 1, 2021
CloudCoin will deliver bitcoin to 40,000 ATMs worldwide through a partnership with B4U Financial. Customers will be able to both withdraw cash from their CloudCoin account and buy and sell the CloudCoin cryptocurrency, according to a press release.
The company uses redundant array of independent detection agents protocol, which uses authentication instead of encryption to determine coin ownership. Its cryptocurrency is also recoverable if lost, unlike bitcoin.