A recent trip back to my hometown of Dallas, Texas got me thinking about the future of cryptocurrency. During my visit, I came across a physical “Bitcoin ATM” while putting gas in my car at the local Chevron Station.
I learned that this Bitcoin ATM is operated by Coinsource, one of the world’s largest Bitcoin ATM providers. With over 250 Coinsource ATMs located across the country, the company aims to leverage the tremendous growth of Bitcoin by providing an easy and secure way for people to convert Bitcoin to cash and vice versa. As Bitcoin becomes more mainstream, the Coinsource network saw the need… for a “scalable identity platform” that could support this expansion.