Recently at the Internet of Things (IoT) Roadshow in Sao Paulo, Brazil, a group of developers created what may be the first Bitcoin ATM powered by an Intel platform. Intel IoT Roadshows are being held at ten different locations around the world. Intel runs these to encourage innovation and give away its Internet of Things Developer Kits to a set number of attendees at each convention. At the Sao Paulo Brazil event, a kit was given to the first 100 attendees. One team went the Bitcoin route and created a Bitcoin ATM over the course of the two-day event.
Also read: Instacoin Adds Two Bitcoin ATMs in Montreal Bringing Their Total To 7 In Quebec
The components and technologies used and team members consisted of the following:
– Intel Galileo Gen2
– Gateway bitcoin payment (HTTP)
– Ethernet Library Arduino
– 3 buttons
– 2 LCDs RGB
– 2 servo motors
The wooden box produced during the event in the FabLab Insper used the Laser Cutter.
Participants: Carlos Oliveira, Mauro Assis, Rosa Bruno, Djonatas Tenfen, Calegari Fabio, and Fabio Luiz.
The Bitcoin ATM currently only has one way functionality. The ATM has a QR code on it and uses two screens and buttons to navigate the amount choices. To make a purchase with the Vending Machine, you choose which product you want to buy from the available options on the machine.
The vending machine displays to the user a 2D barcode containing the amount to be paid and the payment account. You have to have your bitcoin wallet software installed on your phone; the user then scans the barcode on your smartphone and views payment information. You confirm your purchase through the buttons and the machine releases the user-chosen product.
A simple to use Bitcoin ATM built on an Intel platform is the first that we know of and hope to see more often. Intel offering the opportunity for people to use their skills and creative abilities is a wonderful thing we hope to see more of as well.
What do you think of the teams creation of a Bitcoin ATM using Intel’s developer kits?
Intel Inside image from start.bizjournals, other images from Shutterstock.