ABA Technology Pty Ltd (ABA) is a proprietary limited company incorporated in Australia for the purpose of importing, distributing and operating bitcoin ATMs. ABA was formed by a small team of experienced entrepreneurs and investors who recognised the continued, massive growth of Bitcoin and foresee its increasingly mainstream adoption and diverse array of applications.
Bitcoin ATMs remove the intimidating and difficult aspects of buying and selling bitcoins. With an intuitive, straight-forward interface and the convenience of immediate liquidity, Bitcoin ATMs attract both first time users with almost no knowledge of the cryptocurrency and its seasoned traders. ABA believes Bitcoin ATMs will massively boost the appeal and presence of Bitcoins in Australia. ABA aims to install 100 Bitcoin ATMs in Australia by 2015 and more than 500 globally by 2016.
ABA is in discussion with several manufacturers of Bitcoin ATMs globally in order to provide Australian customers with the best experience possible. While the still nascent Bitcoin has proven itself to be a legitimate and useful means for facilitating international economic exchange, ABA firmly believes its unique and powerful properties hold enormous potential that is yet to be explored. ABA has placed itself in a position that will allow it to propel the growth of Bitcoin in Australia and continue to innovate in the application of this promising currency.