Robocoin Announces Robocoin Banking: Bitcoin ATMs Become Bitcoin Bank Branches
Robocoin, a Bitcoin based company in Las Vegas, Nevada, has announced that they will be launching a new project called Robocoin Bank. The new project will take all existing Robocoin ATMs and turn them into banking branches. Through software updates, they plan to add features that allow users to bank using Bitcoin. Robocoin is offering the chance to start your own branch of Robocoin Bank by purchasing and operating one of these Robocoin Kiosks. Robocoin Banking functionality should be fully online starting summer of 2014. The new features will allow users to open a Robocoin Bank account in....
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Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....
Las Vegas-based bitcoin ATM manufacturer Robocoin announced Thursday that they're taking their business in a whole new direction with the introduction of the Robocoin Bank - effectively becoming the world's first bitcoin bank. "The world's newest global bank represents an evolution in Bitcoin and a potential disruption to the massive remittance industry. The Robocoin Bank is Robocoin's vision for creating the best experience in all of Bitcoin and unleashing it for the masses," the company said in their announcement. The move is huge and unexpected, and affirms the company's desire to....
Las Vegas, Nevada-based bitcoin ATM manufacturer Robocoin has announced it will soon launch Robocoin Bank, a new project that will find its physical bitcoin ATMs becoming Robocoin Bank branches that integrate online banking features. Robocoin indicates that Robocoin Bank will incorporate new features such as cryptographic provable reserves, instant bitcoin-to-cash withdrawals and the ability to send cash internationally as part of an effort to build what it calls "banking and remittance 2.0". Jordan Kelley, CEO of Robocoin, told CoinDesk that the new service brings the company closer to....
Robocoin came on the spot last year with the debut of their first bitcoin ATM in a downtown Vancouver coffee shop. It was on of the world's first two-way bitcoin ATMs (if not the), and the company has grown immensely since then. And in the time that's passed, a number of competitors have arisen looking to do much the same. There's GenesisCoin out of California, BitAccess out of Ottawa, and more. So how does one set itself apart? Well, in the case of Robocoin, it comes in the form of the 2.0 version of their product, more fashionably called Robocoin Bank. The Las Vegas-based company....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....