Business
Leading Blockchain Software Solutions Provider Chain Bytes, Inc. Taps Bayside Corp. as Exclusive Bitcoin ATM Distributor for Florida
Leading Blockchain Software Solutions Provider Chain Bytes, Inc. Taps Bayside Corp. as Exclusive Bitcoin ATM Distributor for Florida.
About this update from Bayside Corp.
[{"type":"text","content":"State-of-the-Art BTM Machines Are Estimated to be Available to Florida Customers by the End of the First Quarter 2018WESTON, FL / ACCESSWIRE / February 5, 2018 / Bayside Corporation (OTC PINK: BYSD) (\"Bayside\" or the \"Company\") today is pleased to announce that it has finalized an agreement with leading blockchain software solutions provider, Chain Bytes LLC., to exclusively distribute, maintain, and operate their BTMs (\"Bitcoin ATMs\") for the state of Florida for a period of two years.ChainBytes' cutting edge software, combined with CoinOutlet's state of the art kiosks, have created the most advanced two-way BTM on the market that supports ALL languages and currencies. BTMs make buying and selling bitcoin and altcoins for cash simple, quick, and convenient. These BTMs, made of bank-grade cold rolled steel, are designed to not only stand the test of time, but also to make future compliance implementation both fast and flexible for the owner.The purchase order is for 24 BTM machines, the first of which are estimated to be installed and operational by the end of the first quarter 2018. The machines will be branded under the Bayside name. Over the past year, cryptocurrencies have gained in popularity among Wall Street and retail investors, alike.Carl Ettlinger, Head of Business Development at Bayside Corp., commented, \"Despite obvious growing interest and adoption, many people on the retail side are still in the dark and have less than a basic understanding of cryptocurrencies and even less of an understanding on how to purchase and sell them. We are excited to work with Chain Bytes Inc. whom we consider to be the leader in BTM technology, to help address this pain point and bring bitcoin to more businesses, consumers, and investors across the state.\"Eric Grill, CEO of Chain Bytes, commented, \"Chainbytes is thrilled to announce a new partnership with Bayside Corporation. BYSD has a track record of strategic decisions that have resulted in long-term value for its shareholders. This partnership demonstrates the changing times where traditional companies are pivoting in order to capitalize on the improving technologies available through cryptography. We applaud BYSD for taking this brave step forward, and anticipate their ascendency in the Crypto space. We are excited to be a part of their journey.\"Justin Frankel, CEO of Bay...