The first Bitcoin ATM in Nigeria has finally been designed, courtesy of the founder and chief executive officer of Blockstale, Daniel Adekunle.
The ATM was designed in Shenzhen, China, to serve the need of Bitcoin investors and it is sited at a lounge and bar in the Ajah area of Lagos, Wee Tracker reports
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.
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.”