26 February 2017
visit dh.com

Cephas launches bitcoin vending network

08 May 2014  |  1281 views  |  0 Source: Cephas

Cephas Holding Inc (PINKSHEETS: CEHC) today announced that it has launched the Bitcoin Vending Network.

The Network is targeted at individuals, retailers, and commercial landlords interested in selling bitcoin via vending machines and point of sale terminals.

Cephas' goal is to become a leader in the distribution of automated retail solutions that market bitcoin.

The Network expects to offer plans for entrepreneurs to purchase or lease bitcoin machines. For a modest investment, an individual can be in the bitcoin business on the ground floor of anticipated exponential growth.

The company specifically chose to emphasize vending rather than ATM due to the evolving regulatory climate. Cephas believes that regulators are presently more accepting of the direct sale of bitcoin rather than the exchange of bitcoin for dollars.

Locations for company owned machines are being negotiated both to generate revenue and to serve as a model for clients.

Cephas expects to take delivery of its initial bitcoin hardware this month.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit dh.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit contisgroup.com

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
13077 views comments | 52 tweets | 74 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8684 views comments | 40 tweets | 34 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
7192 views comments | 7 tweets | 4 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6952 views comments | 19 tweets | 13 linkedin
hands typing furiouslyBlockchain Technology
6887 views 1 | 18 tweets | 7 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job