Bullet Blockchain Partners with IPSI for Bitcoin ATM Licensing and Expansion.

Bullet Blockchain has announced a strategic partnership and licensing agreement with Innovative Payment Solutions, Inc. The agreement grants IPSI access to Bullet Blockchain's IP Portfolio across North America, with IPSI paying a royalty fee to Bullet Blockchain's subsidiary First Bitcoin Capital, LLC, for each Bitcoin ATM transaction through Bullet Blockchain's network. The partnership aims to expand access to the cryptocurrency payment and Bitcoin ATM ecosystem, enhance security and consumer protection, and advance licensing initiatives.

In a significant move to expand its cryptocurrency payment and Bitcoin ATM ecosystem, Bullet Blockchain has announced a strategic partnership and licensing agreement with Innovative Payment Solutions, Inc. (IPSI). This collaboration grants IPSI access to Bullet Blockchain's Intellectual Property (IP) Portfolio across North America. In return, IPSI will pay a royalty fee to Bullet Blockchain's subsidiary, First Bitcoin Capital, LLC, for each Bitcoin ATM transaction processed through Bullet Blockchain's network [1].

The partnership aims to enhance security and consumer protection by leveraging Bullet Blockchain's advanced Bitcoin ATM technology and Silo Technologies' cybersecurity wallet solutions. These solutions include real-time threat detection, MiCA-aligned encryption, and AML/KYC compliance tools, addressing the 70% surge in digital payment fraud observed in Latin America during 2023 [1].

The agreement also supports Bullet Blockchain's licensing initiatives, allowing it to expand its network of Bitcoin ATMs across states like California, Texas, and Florida. The companies plan to launch co-branded marketing campaigns in these regions to promote the new service and attract more users.

This strategic alliance is part of IPSI's broader strategy to simplify global payments and serve the underserved Mexico corridor market. The company's CEO, William Corbett, expressed his excitement about the collaboration, stating, "With Bullet Blockchain's innovative Bitcoin ATM technology, we're making it easier than ever for people to step into the crypto world and send money to Mexico in pesos, dollars, or crypto quickly and securely" [1].

The partnership underscores Bullet Blockchain's leadership in the crypto ATM intellectual property space, with patented technology that powers secure and efficient transactions. Together, IPSI and Bullet Blockchain are creating a seamless experience for users, offering advanced cybersecurity features tailored for the Latin American market.

References:
[1] https://www.stocktitan.net/news/IPSI/ipsi-teams-up-with-bullet-blockchain-to-revolutionize-bitcoin-atm-iuofg5hwc9fq.html