Sunday, December 20, 2020 4:42:07 PM
Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same
Abstract
A standalone Bitcoin kiosk/ATM device including a bill validator, bill dispenser, printer, one or more scanners/readers, touch screen display, processor/controller and wireless internet connection means (e.g. modem). An enrollment and security protocol involves a processor programmed to run executable instructions, said executable instructions causing said processor to facilitate: (i) receipt of a customer's mobile phone number via the user interface; (ii) transmission of a text message including a random code to the mobile phone of the customer; (iii) receipt and confirmation of the random code entered by the customer via the user interface; (iv) receipt of a PIN entered by the customer via the user interface; (v) receipt of a palm vein pattern via the biometric interface; (vi) receipt of a customer photo via the camera; and (vii) receipt of identification data including photo via the ID scanner/reader.
Inventors: Russell; Mark (Reno, NV), Russell; John W. (Reno, NV)
Applicant: Russell; Mark, Russell; John W.
Family ID: 54063586
Appl. No.: 14/245,971
Filed: April 4, 2014
USPTO link:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=9,135,787.PN.&OS=PN/9,135,787&RS=PN/9,135,787
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"First Bitcoin Capital revealed that while negotiations with law firms are ongoing, it is also “reaching out to individual operators to reach an amicable arrangement.” While the potential terms of these amicable arrangements were not revealed, Bots CEO Paul Rosenberg said transaction royalty payments will be “negotiated for a several-year term.”
Some of the agreements, he said, could “could cover previous years and/or a significant number of coming years.” Data from Coin ATM Radar shows there are 11,700 Bitcoin ATMs throughout the world, operated by a total of 565 entities."
excerpted from:
Bitcoin ATM Patent Holder Sues Operators Demanding Royalties
https://www.cryptoglobe.com/latest/2020/11/bitcoin-atm-patent-holder-sues-operators-demanding-royalties/
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