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Briefing
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- Bitcoin ATM – The Netherlands’ main international airport, Schiphol, has installed Bitcoin ATM that allows passengers to trade leftover Euros which they can not use in their local countries for Bitcoin or Ethereum, becoming first airport in Europe to offer service
- Trial Period – Initiative is a six-month trial in partnership with Dutch technology firm ByeleX Data Solutions BV to measure potential demand for technology
- Strategic Location – Stationed in airport’s Arrival Hall 2, which is also in the same corridor as Departure Halls 1 and 2, where huge volume of passengers regularly walk by
- Cryptocurrency ATMs – Built to be one of main technologies that can bridge fiat and crypto currencies, making conversions more accessible, with no verification requirements and high transaction limits
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Accelerator
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Market Disruption
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Business Model and Practices
Business Model
and Practices
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Sector
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Accommodation and Travel, Financial Services
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Organization
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ByeleX Data Solutions BV, Schiphol International Airport
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Source
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Original Publication Date
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June 20, 2018
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