Bitcoin ATM, the No human ATM! Technology walkthrough for your technology know how.

Bitcoin ATM is the latest development where no human is needed to carry out the transaction. Bitcoin ATM is an electric communication device that can facilitate the purchase of bitcoins in exchange of cash with human interference. Some models can also get involved to facilitate the sale. This development dates back to 2013,  in Canada, where a Robocoin ATM started operating in Canada. It was a success and within 29 days of operation, the machine transacted 1,000,000 USD CAD in volume.  By that time,  many operators have got machines installed manufactured by Lamassu and BitAccess.  BitAccess is based in Ottawa and manufactures a Bitcoin automatic teller machine that accepts cash in exchange of bitcoins.

It was a successful discovery that changed the lives of the people significantly.  Bitcoin has a great future ahead in the e-commerce era, where all countries have been closely knitted and owing to a globalized network no transaction is difficult. This discovery is useful for those who want to make a cash transaction without any credit card or bank accounts. This service is widely used internationally and is highly popular and among all age groups. The technologies involved have made the lives of a common man easy. This has helped travelers to withdraw cash at competitive currency rates without having to open a bank account.

We prepared and published this seminar abstract for final year engineering students seminar research. You should do your own research additional to this information before presenting your seminar.
Please include "Reference:" and link back to this page in your work.
Subscribe via email for more Latest topics
12 Steps to boost your innovative project ideas
List of new technologies in computer science engineering for seminar:
CSE Seminar Topics with Abstracts Part 1
CSE Seminar Topics with Abstracts Part 2
CSE Seminar Topics with Abstracts Part 3
2019:100 Seminar topic suggestions for CSE [August 2019]
2019:Latest Technology topic list for CSE
2019:CSE Seminar topics 2019, Collection of latest top 100 latest Computer technologies [July 2019]
2019:100 Seminar topics for Computer Science (Selected latest topic list 2019)
2019:Seminar Topics CSE. Latest technology topics for Computer Science 2019
2019:Technical Seminar topics ideas 2019 (Computer Science and Engineering)
2019:Trending Computer Science Seminar topics List 2019 (CSE Topics)
2019:Upcoming Computer Science Seminar topics List 2019
2019: Seminar topics updated list For 2019
2019: Computer Seminar Topics Comupter Science 2019
2018: Seminar Topics Comupter Science 2018
2018: Latest Seminar topics for Computer Science Engineering(CSE 2018)
2015: Computer Science Engineering Latest 2015 (CSE NEW Topics)
2014: Computer Science Seminar Topics (CSE Latest Technical Topics)
2014: Latest CSE/IT Technologies
2013(a), 2013(b), 2012, 2011(a), 2011(b), 2010
Data Mining, Data Analytics, Big data, Predictive Analytics
Google Project Topics
2000+ Topics for Computer Engineering Projects