Power ATM Corporation develops, distributes and manages a fleet of Multi-Currency ATM's which dispense US Dollars and convert and dispense Mexican Pesos, if located in the souther tier and/or Chinese Yuan if located in an International Airport terminal or any other fiat currency that is deemed appropriate for that location, along with Bitcoins.Power ATM is the first company that has been given approval to drive these unique, smart ATM's, which also convert fiat currency to Bitcoins at current market rates with no added fees or service charges, and without the need for a brokerage account of any type.Our unique patent pending back end system allows the fleet to connect using our custom software platform. Currency conversion calculations are done by the smart ATM, not by the back end servers. Power ATM's dispense multiple fiat currencies and Bitcoins in a secure and accountable solution that strictly complies with Fincen's guidelines regarding AML/CFT and KYC. This compliant system will "Break Down the Bitcoin Barrier to Entry" for the general public, allowing for the distribution and use of this new, fee free virtual currency. No longer will it be necessary to navigate the murky waters of banking systems in small, foreign, eastern european and asian countries in order to open the necessary accounts to transfer funds to, which allow for the purchase of Bitcoins. The ease of which you can lose your funds during this process cannot be stressed enough. It is like walking through a jungle, having no guide and hoping around the next corner is a friendly face, not that of a hungry tiger. Horror stories abound regarding the out right theft of funds and Bitcoins during this necessary step to ownership of the valued coins.Initial rollout is scheduled for Q3 of 2014, at which time the ease of Bitcoin acquisition will be dramatically altered and the use of this highly anticipated new virtual currency can begin in earnest.
Listed skills include Computer Information Systems and Payments.
