Bullet Blockchain Completes The Acquisition Of The Ip Portfolio Consisting Of Bitcoin Atm Patents; Will Proceed With Licensing To The Industry
Bullet Blockchain Completes The Acquisition Of The Ip Portfolio Consisting Of Bitcoin Atm Patents; Will Proceed With Licensing To The Industry
11/14/22, 5:47 PM
Location
new yorkIndustry
blockchain
information technology
via NewMediaWire – Bullet Blockchain, Inc. (“BULT” or the “Company”), (OTCM: BULT), an advanced software development and SaaS company, specializing in blockchain technologies and Web 3.0, announced today that BULT acquired a wholly owned subsidiary from BOTS Inc., which holds the rights to U.S. Patent No. 9,135,787 - "Bitcoin Kiosk / ATM Device and System Integrating Enrollment Protocol and Method of Using the Same." Known as the "Bitcoin ATM Patent," this patent is related to the purchase and sale of cryptocurrencies utilizing a Bitcoin ATM or kiosk, giving customers the ability to purchase Bitcoin or other cryptocurrencies using cash, debit cards, or credit cards.
Company Info
Location
New York, New York, United States
Company info
Bullet Blockchain is a Blockchain technology company supporting the Bitcoin Blockchain through our industrial scale and rapidly expanding Bitcoin mining operations.
Bullet has secured 100 megawatts of electricity, infrastructure, servers for 3,000 petahash and plans to substantially increase our Bitcoin mining operations over the coming 12 months through efficiency, stability, transparency and scalability.