Bitcoin D.A.V.E. cryptocurrency ATM machine producer
Total number of Bitcoin D.A.V.E. ATMs installed: 5
About: This is another open source Bitcoin ATM project. The system works using Nexus 7 tablet on Android. Full instruction how to assemble the Bitcoin ATM is provided here.
The development started back in 2013. Initially Windows was used as OS for the ATM, later due to set up issues it was switched to Linux, and for the same reasons later switched to Android, which is used as a solution system now.
To run the ATM one need Nexus 7, get Cash2BTC app for $19.99 and Pyramid bill acceptor, which is designed to be open-source. Then the case can be developed in a custom manner or order from Cash2BTC.
The advantage of this solution is that is a two-way bitcoin machine. So users can sell bitcoins as well using it.
Read interview with co-founder of Cash2BTC Sean Scappaticci.
Cash2BTC's flagship Bitcoin ATM is called "Bitcoin D.A.V.E." - Digital Asset Vending Equipment.
After constructing a number of open source bitcoin ATMs, one of which placed top 3 for best Bitcoin ATM design at the Blockchain Awards in Amsterdam 2014; Cash2BTC built D.A.V.E., digital asset vending equipment. D.A.V.E. is a machine running on high end hardware being sourced at wholesale costs.
Bitcoin D.A.V.E. represents a complete rebuild from the ground up. Powered by a standard Linux PC computer, the new full-sized kiosk features a large touchscreen and allows both buying and selling ("two-way") Bitcoin and a host of other cryptocurrencies with built-in Shapeshift.io integration.
A barcode scanner allows for quick reading of Bitcoin wallet QR codes, and customers have the option of printing a receipt for each transaction.
Operators easily remain AML/KYC compliant as customers are verified through SMS and Question/Answer-style identity verification via TeleSign and BlockScore.
Operators are able to hold Bitcoin directly on the ATM's internal wallet or integrate their Bitstamp Exchange account to keep a USD balance and avoid exposure to Bitcoin's price volatility.