Drone startup MANNA Robotics developing blockchain-based drones that function as cryptocurrency Automated Teller Machines (ATMs)

Briefing

July 4, 2018

Briefing	Cryptocurrency ATMs – Drone startup MANNA Robotics developing drones linked to blockchain platform that would allow users to trade between cryptocurrencies and fiat currencies wherever they are Secure ATM Transactions – Money is held in digital escrow until successfully confirmed and delivered by drone ATM, usually within 15 minutes or less, with QR code scanned from phone to complete transaction App-Enabled – Customers can use mobile app to request money from drone ATM MANNA Token – Also introduced MANNA token, dubbed as Universal Postage Stamp, which can be used to pay for instant, local deliveries
Accelerator	Drones, Web3 Ecosystems, Tokens and Consensus Mechanisms
Market Disruption	New Payment Technologies
Sector	Financial Services
Organization	MANNA Robotics
Source	Reagan, J., "Startup MANNA flies into the drone delivery skies", DroneLife, https://dronelife.com/; Wolfson, R., "The Future of Banking: Cryptocurrency ATMs and blockchain-based drones", Forbes, https://www.forbes.com/; "Cryptocurrency ATMs and blockchain drones sculpting future banking," Apac CIO Outlook, https://www.apacciooutlook.com/; AcceleratingBiz analysis
Original Publication Date	July 3, 2018

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