January 22, 2014
Genesis Coin Inc. and its flagship Genesis1 Bitcoin ATM kiosk will be showcased at this year's ATMIA USA conference in Orlando, Fla., according to a news release. The Genesis1 provides conversion services between traditional currencies and Bitcoin through an electronic user interface.
"Bitcoin, while still in its infancy, has already proven itself to be a serious platform for facilitating economic exchange on a global scale ... and yet this only scratches the surface of the technology's true potential," Genesis Coin CEO Evan Rose said in the release. "The unique properties of the Bitcoin payment network represent a tremendous boon for businesses and consumers alike. Bitcoin eliminates chargeback risk while dramatically reducing processing fees, and consumers needn't worry about theft of their private financial information."
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