ATMs for the digital ecosystem of the Middle East countries

The Didcoin team is pleased to present

DIDCOIN
3 min readAug 30, 2021

The placement of ATMs in the Middle East is an integral part of the expansion of the digital ecosystem of didcoin, as well as an important stage in the development of digitalization of the region.

Problems with access to the non-cash system of monetary circulation and the underdevelopment of financial institutions in some territories make it necessary to develop tools that give access to non-cash payments.

didcoin

The formation of a network of ATMs will allow giving access to a huge number of people to digital financial instruments, the operator of which will be the Didcoin ecosystem. This is only the initial stage of the introduction of digital technologies, but it is obligatory, since it gives easier access to the transition to a non-cash form of money circulation in those regions where the banking infrastructure is not developed or where are difficulties with the banking system.

The long-awaited stage of production and installation of a network of ATMs in the regions of the Middle East has come. Iraq and Turkey were chosen as the priority regions for the installation of the first ATMs. We are open to cooperation and are looking for partners to place ATMs in other regions for a more accelerated development of the digital financial ecosystem. Anyone interested in a partnership for the placement of ATMs can send an application via the contact form on our website.

Didcoin ATMs are the most modern products in the field of crypto ATMs today. These are high-tech devices equipped with all the necessary functions for users and having an outstanding and modern design.

One of the main functions applicable to Didcoin ATMs is the presence of the KYC function, which provides for verification of the ID data of customers. This function is mandatory based on the recommendations of the FATF, aimed at countering money laundering and money obtained by criminal means — the central banks of the governments also insist on the presence of such a function in case of setting up the corresponding ATMs.

Briefly about the main technical characteristics of our devices

cryptomat, atms, crypto, didcoin

Computer parts

·Android 6.0
·GPU:Mali-450
·RAM: 2GB DDR3/LP;500G HDD

Touch Screen

·21.5 inch LCD capacitive touch screen

·Pixel Number:1920*1080 ·Contrast:1000:1
·Response time: 5ms

Enclosure

·Cold-roll Steel
·Material: 1.5mm cold-rolled steel plate
·Ergonomically sleek and smart design
·Easy to install and operate with drawers, front door access service

·Security locks
·Internal fans for ventilation
·Moistureproof, Antirust,Anti-acid, Static free

Bill Recycler

·Cashbox: 1000 notes
·Recycler Capacity: Up to 70 mixed notes
·Note Dimensions: Accepts: Width: 60–85 mm. Length: 115–170 mm.

Recycles: Width: 60–82 mm.

Camera

·Pixel: 1920(H) x 1080(V)
·High Definition Support:1080P ·H264 protocol

ID Scanner

·Support scanning ID card and passport

·Pixel: 1920(H) x 1080(V)
·High Definition Support:1080P

Receipt Printer

·Thermal printer

·Automatic Paper Cutter

·Paper in Width:80mm

·Speed:150mm/Second with Black Mark Sensor

Scanner

·Image (Pixels): 752 pixels (H)x 480 pixels (V)

·Interfaces Supported: USB, RS2 32

Speakers

·Left and right bi-channel; amplified output; Multimedia speaker

Power

110V-240V, 50–60 Hz

The additionally developed Didcoin’s application for IOS and Android will be published after the placement of ATMs for integration with it’s system

While the installation process is going on, we are looking for an large exchange to which ATMs will be connected

Stay in touch, there are big things ahead!

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