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May 12, 2014updated 04 Apr 2017 4:07pm

Cephas rolls out bitcoin vending network

US-based Cephas Holding has unveiled the Bitcoin Vending Network, aimed at individuals, retailers, and commercial users seeking to sell bitcoin using vending machines and point of sale terminals.

By Verdict Staff

US-based Cephas Holding has unveiled the Bitcoin Vending Network, aimed at individuals, retailers, and commercial users seeking to sell bitcoin using vending machines and point of sale terminals.

This move is part of the company’s plan to emerge as a leader in the distribution of automated retail solutions that market bitcoin.

The network will enable entrepreneurs to purchase or lease bitcoin machines. By investing a certain amount, individuals can be in the bitcoin business.

Cephas Holding noted that it specifically chose to emphasize vending rather than ATM due to the evolving regulatory climate.

The company further added that it is involved in discussion with certain parties for the locations of company owned machines, in order to generate revenue and to serve as a model for clients.

Cephas is gearing up to take delivery of its initial bitcoin hardware this month.

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