The bitcoin ATM

Photos of first Bitcoin ATM machine designed by a Nigerian has gone viral online, a plus for Nigeria and Africa at large.

The machine was designed in Shenzhen , China by the founder and Chief Executive Officer of Blockstale Daniel Adekunle.

The ATM Machine was designed to service the need of bitcoin investors and it is sited at a lounge and bar in the Ajah Area of Lagos, Nigeria, according to reports.

CEO of Blockstale Nigeria, Adenkule

Legit.ng gathers that Adekunle said the Bitcoin ATM has a door alarm system, a remote tracker and some bio scanners, which make it more theft and vandal-proof.

The bitcoin ATM

He reveals that; He said: “For about 3 years now I have been working on the blockchain technology and BTMs (Bitcoin Teller Machines or Bitcoin ATMs) hardware, software and firmware most especially. I had my people (Africans) very much in mind since they are a little rigid when it comes to innovation and personal interaction(s) with high tech devices.”

In other news, Electricity Company Of Ghana Ltd will soon deploy artificial intelligence and remote sensors to stop illegal connections or power theft. Read here.

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