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Ziftr, RedDotNet announce formation of cryptocurrency kiosk company

Ziftr, a company that develops products, tools and apps to for the shopping experience, and RedDotNet, a manufacturer of small form-factor kiosks, announced the formation of Cedar Point Solutions, a Hooksett, New Hampshire-based company aiming to simplify the cryptocurrency and fiat currency transactions market.

January 16, 2015

Ziftr, a company that develops products, tools and apps to for the shopping experience, and RedDotNet, a manufacturer of small form-factor kiosks, announced the formation of Cedar Point Solutions, a Hooksett, New Hampshire-based company aiming to simplify the cryptocurrency and fiat currency transactions market.

Cedar Point Solutions is run by founder and CEO George Kassas, an executive with more than 25 years of experience in technology, telecom, communications, software applications, analytics and government affairs.

Established in 2008, Ziftr recently launched ziftrCOIN, the coin to mainstream cryptocurrency adoption; ziftrPAY, an API that processes cryptocurrency and credit card transactions, and ziftrWALLET, a multicoin digital wallet.

"We can't wait to launch the first Cedar Point Solutions kiosks and give consumers the opportunity to use cryptocurrency in a much easier way than ever before," said Bob Wilkins, CEO of Ziftr, in the announcement. "The kiosks will integrate with the ziftrPAY and ziftrWALLET technologies to simplify the process of buying and transferring cryptocurrencies and converting cryptocurrency into fiat currency."

"By combining the strengths of our companies, we are poised to bring cryptocurrency to the average consumer in a manner to which they are accustomed with our self-service kiosks. Making the purchase process easy on the consumer is going to be critical to the success of cryptocurrency, and we feel that we have the team and the platform to do just that." said Scott Johnson, managing partner of RedDotNet.