28 Sep 2018 Morgan Hayze
Lamassu Unveils a New Line of Cryptomats
The release of the Sintra line comes at a perfect time, as cryptomats appear to be convenient over-the-counter terminals for consumers.
The product line, named after a city in the Portuguese Riviera, is a natural evolution of the company’s first product offering. It includes the Sintra (a two-way cryptomat, costing €7 500), Douro II (€5 200) and Sintra Forte (€8 900).
The new cryptomats aims to offer their user a smooth experience, equipped with an all-glass front panel and ssuboard – a computer board designed exclusively for the Lamassu machines.
The ssuboard’s main features include a low-power & low-heat ARM processor, OS on MicroSD, GPS functionality, onboard 3G, alarm & tamper sensors, backup battery and front door control using NFC technology. Moreover, the machines come with a dedicated microprocessor which helps in power management and watchdog services.
The Sintra is a light two-way cryptomat designed to be installed on the floor as a one-piece unit with a low manufacturing cost. In comparison with its predecessor, the model doesn’t feature an internal vault, suggesting that it is suitable for installation at secure places.
Sintra Forte comes as the vaulted version of the Sintra, with a larger size and a bigger display. The vault is made of 6mm steel and two electronic locks. The Sintra Forte uses a German Wittkop lock as the primary source of security, while a Kaba Cencon lock offers additional security while working with leading cash collection services such as Garda and Brinks.
Priced at €5 200, the Duoro II is the latest version of the classic countertop bitcoin ATM. Its upgrades include a vibrant 12.1” display and customer-facing camera with a sleek all-glass front panel and ssuboard.
According to Zach Harvey, co-founder of Lamassu, the outcome of the company’s extensive work is a cutting-edge cryptomat product line. Its interface was born from extensive deliberation, with first-time users in mind.
As a leading company in the industry, Lamassu has been operating cryptocurrency machines for over five years. The new models feature a fabricated steel body and color-coded lights to guide users on the right steps in the process.
With regards to the software features of the cryptomats, Sintra operators will have the ownership of their wallets and servers, as there is no central server with this cryptomat. The company’s software is open and free, meaning the company is not taking any cut from the operator’s profits. However, they offer paid tech support subscriptions separately.
Along the lines of the growing trend related to crypto regulations around the world, the Sintra family of ATMs features compliance tools like phone number collection, transaction limits, ID verification, sanctions list screening, and terms & conditions. Other backend features include enabling notifications, automating exchange repurchasing and publishing cryptomat information on CoinATMRadar.