As promised, let's look at some real-world use cases of blockchain. In this section, we will look at the fastest growing cryptocurrency ATM by General Bytes, and also, at PayIOTA, a payment gateway that helps merchants accept IOTA (micro) payments.
In 2014, the company General Bytes, headquartered in Czechia, started selling its first Bitcoin ATM. It was the first Bitcoin/crypto machines company to incorporate NFC (near field communication) into their hardware to allow for contactless interaction. At the time of writing, there are around 1,900 machines sold to more than 53 countries, supporting dozens of cryptocurrencies. General Bytes is not the only Crypto ATM company, as Coin ATM Radar (https://coinatmradar.com/) reports that they have more than 3,700 crypto ATMs deployed all over the world. Even in a small country such as the Netherlands, there is already a crypto ATM available at 23 locations.
General Bytes offer two machines, the BATMTwo...