• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Crypto hackers Cover protocol lucky as hacker returns stolen $3m OneCoin scam lawyer

    Crypto hackers lay siege to rapper’s YouTube to promote BTC/ETH scam

    Ethereum price

    Ethereum price expected to cross $1,300 as bulls dominate the markets

    TaxBit

    TaxBit receives investment funds from PayPal and Coinbase

    Cardano price prediction_ ADA to retest $0.35, analyst

    Cardano price prediction: ADA to retest $0.35, analyst

    Crypto market cap

    Crypto market cap reaches ATH: crosses $1 Trillion

    Litecoin price prediction_ LTC to $180, analyst

    Litecoin price prediction: LTC to $180, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Ripple

    Ripple can serve as a bridge between CBDCs

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Crypto hackers Cover protocol lucky as hacker returns stolen $3m OneCoin scam lawyer

    Crypto hackers lay siege to rapper’s YouTube to promote BTC/ETH scam

    Ethereum price

    Ethereum price expected to cross $1,300 as bulls dominate the markets

    TaxBit

    TaxBit receives investment funds from PayPal and Coinbase

    Cardano price prediction_ ADA to retest $0.35, analyst

    Cardano price prediction: ADA to retest $0.35, analyst

    Crypto market cap

    Crypto market cap reaches ATH: crosses $1 Trillion

    Litecoin price prediction_ LTC to $180, analyst

    Litecoin price prediction: LTC to $180, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Ripple price prediction: Rise to $0.45 ahead, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Bitcoin price prediction: BTC to $43,000, analyst

    Ripple

    Ripple can serve as a bridge between CBDCs

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Blockchain News

Sberbank launches 5000 blockchain-powered touchless ATMs in Russia

Manasee Joshi by Manasee Joshi
May 26, 2020
in Blockchain News
2 min read
Sberbank launches 5000 blockchain-powered touchless ATMs in Russia
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

State-owned Russian bank Sberbank spearheads the adoption of touchless ATMs in the country, leveraging blockchain technology for better security and efficiency, and helping the region curtail the deadly coronavirus spread.

The coronavirus pandemic has paved the long-pending way to a touchless future. From touchless travel, touchless payments to touchless toilets, and now touchless ATMs, the contact-free user interfaces are gradually gaining traction and setting the stage for a thriving sensory industry.

Sensing the demand for the sensor technology market, Sberbank has decided to let go of the need to carry the debit or credit card to use ATMs physically. By now, many countries have started easing lockdown restrictions owing to a declining number of coronavirus infections. Russia, however, is still struggling to flatten the curve as case numbers continue to rise.

RelatedPosts

Blockchain: the covid hunger solution

Blockchain background checks could be mainstream

Blockchain and healthcare

BurstIQ could protect New Zealand’s most vulnerable children

Touchless ATMs for a touchless future

Thus, in its attempts to strengthen the fight against the COVID-19, Sberbank paid a whopping $108.5 million and purchased 5000 touchless ATMs, backed by blockchain technology. What’s appealing is that these ATMs are compatible with major mobile payment apps such as Apple Pay, Google Pay, Samsung Pay, Huawei Pay, and Russian Central Bank-designed, Mir Pay.

All users have to do is operate the touchless ATMs using their mobile phones instead of going through the touchscreen interface that poses serious health risks today. Each of these new-age devices will be able to hold 14,500 banknotes.

Equipped with a pattern recognition software and blockchain-based applications, the ATMs will boast top-notch security and performance.

No dependency on cards and crypto, Sberbank

With this initiative, Sberbank not only hopes to limit the dependency on physical plastic cards but also attract a more extensive user base and significantly reduce operational costs.

The announcement also states that going further, the bank will integrate additional features into the touchless ATMs by enabling users to apply for loans, check stock market updates and even place shopping orders, all using their smartphones.

Meanwhile, the blockchain-centric bank has specifically outlined that move has nothing to do with embracing crypto. In fact, the Russian banking giant unveiled a Ripple-like non-crypto version of a cross-border money transfer app last year, calling it a move to dismiss the need to rely on it cryptocurrencies.

Featured Image by Flickr

Tags: atmcoronaviruscovid-19
Manasee Joshi

Manasee Joshi

An avid reader and an enthusiastic writer, Manasee recently chose to dedicate her time doing freelance writing. A degree in English literature and experiences in Administration, HR, finance, literature, creativity and innovation tucked under her belt, she crafts engaging and compelling content for crypto and blockchain audience.

Related Posts

covid hunger
Blockchain News

Blockchain: the covid hunger solution

December 29, 2020
blockchain background checks
Blockchain News

Blockchain background checks could be mainstream

December 28, 2020
healthcare
Blockchain News

Blockchain and healthcare

December 22, 2020

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Crypto hackers Cover protocol lucky as hacker returns stolen $3m OneCoin scam lawyer

Crypto hackers lay siege to rapper’s YouTube to promote BTC/ETH scam

January 7, 2021
Binance Coin price prediction_ BNB to $56, analyst

Binance Coin price prediction: BNB to $56, analyst

January 7, 2021
Ethereum price

Ethereum price expected to cross $1,300 as bulls dominate the markets

January 7, 2021
TaxBit

TaxBit receives investment funds from PayPal and Coinbase

January 7, 2021
Cardano price prediction_ ADA to retest $0.35, analyst

Cardano price prediction: ADA to retest $0.35, analyst

January 7, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2020 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.