As Bitcoin continues to grow in popularity and starts to enter the mainstream demand for products and services related to the cryptocurrency has also increased. That has helped companies like Las Vegas based Robocoin, who is the industry leader in Bitcoin ATM manufacturing. The company is doing brisk business and says they’ve already shipped 35 Bitcoin ATMs worldwide and will hit the 50 mark this summer.
“Robocoins are live in Japan, Australia, London, Israel, Singapore, Canada and the United States (Texas, California and now South Carolina). There are 13 Robocoins in operation exchanging bitcoins for Yen, Australian Dollars, Pounds, Singapore Dollars, Shekels, Canadian Dollars and US Dollars respectively.”
“Now we have dedicated Operator-support engineers to go along with our A+ developers. We also teamed up with a top design firm in the southwest and are still working with the best kiosk factory in the U.S. Along with our eight full-timers, we now have over 20 partners, contractors and vendors supporting Robocoin’s efforts.”
Kelley concluded the statement with a cryptic statement that Robocoin would announce ‘something big’ on May 1st. He gave no context or any other indication as to what that ‘big announcement’ might be about. As is so often the case with this type of thing its important to keep in mind that what a CEO might consider a ‘big announcement’ might be considered irrelevant by those outside the company.
The nascent Bitcoin financial services industry is on the verge of exploding as new products come to market, new investment money comes into play and new partnerships are brokered. Earlier this week Japanese import/export company Raimu indicated they’d be installing that country’s first Bitcoin ATM (a Robocoin machine, incidentally). Bitcoin wallet firm Xapo has announced plans for the first ATM card for the cryptocurrency leveraging the Mastercard transaction network. As Luddites and techo-phobics continue to wring their hands and spout off inane comments based in ignorance the demand for Bitcoin and related services continue to grow. There have been comparisons between the current state of Bitcoin and other cryptocurrencies now and the Internet in its infancy which suggests that there is much growth still to come.