Bitcoin 2014 review

The Bitcoin 2014 conference in Amsterdam was a great opportunity to get to know interesting people and projects. There were lots of panels and presentations and an array of different exhibitors presenting their products. We especially liked Lamassu, Coinbase, chain.com as well as Ripple and NXT.

Todd from Coinbase, Max and Stefan from Coinfinity

Todd from Coinbase, Max and Stefan from Coinfinity

Since most panels were hosted at the same time, we had to pick a few that were of special interest to us. What was missed should soon be made available online by the Bitcoin Foundation as audio or video downloads. Most of the time we joined the discussions of the “Tech Track”, here it was especially interesting to follow the thoughts of Gavin Andresen.

Organization of the event truly was outstanding, we did like the mobile catering and christened it “Decentralized Lunch”. Solely speed and reception of the wireless LAN could have been improved for such a big event centered around the topic of Bitcoin. We are certain, that this is already on the agenda of the Bitcoin Foundation for the next conference, which will happen 2015 in Asia. We think it will be hosted in Singapore, but would love to be surprised.

Since we decided to upgrade our Lamassu to be operated in Graz to version 2.0, we still have to wait for a few more weeks. While on location at Bitcoin 2014 we had the chance to try the Lamassu both ways – Euro in, Bitcoin out and the reverse – and were simply amazed. The build quality of the unit is superb and the UI simple and clear. The Blockchain Award 2014 for the best ATM manufacturer is more than deserved.

For the remaining year we look forward to operating a Lamassu ourselves and are sure that a few of the Bitcoin 2014 connections will lead to exciting cooperation. For 2015 we are looking forward to a #Bitcoin2015 in Asia with even more attendants and lightning-swift WLAN.

Graz to receive a Bitcoin ATM

One of the first projects for Coinfinity will be to have a Bitcoin ATM up and running by summer 2014. This Bitcoin ATM is a machine from well-known manufacturer Lamassu. ATMs from Lamassu have been succesfully put into operation in multiple countries around the globe according to this map. An example can be found in a mall in Singapore, another one in Hong Kong.

Coinfinity’s goal is to lower the initial barriers of Bitcoin and offer interested parties a way to get into touch with the topic in a simple and intuitive manner. For those that have not yet dared to look to one of the numerous online exchanges, this is a great opportunity to start off the first steps with small amounts. The team from Coinfinity will be present on location for Q&A. Apart from general questions about Bitcoin and other cryptographic currencies, this also allows for the sale of Bitcoin via the ATM to offer a smooth experience for all customers. As a first step, this service will be offered one-way, meaning Bitcoin for Euros. The purchased Bitcoins can be transferred to a wallet solution on any smartphone immediately.
In the near future Coinfinity will introduce more products, that appeal to the broader populace and will help to bridge the gap between cash and Bitcoin.

 

 

Coinfinity at Lendwirbel

If everything works out as planned, Coinfinity will open its new office located at the Mariahilferstrasse in Graz starting in May. From 2nd to 11th of May the yearly recurring event Lendwirbel will go down in Graz-Lend, with the team from Coinfinity being present on the spot. We’re currently considering how to best represent our new endeavor on such short notice, without actually signing up for a project due to the time constraints. In all likelihood it will be about beer and Bitcoin, we are most definitely already looking forward to an active exchange of opinions in the wonderful Lend quarter, the creative quarter of Graz.

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