Gold Cube Announces its Application for U.S. Patents in Cryptocurrency Payment and Transfers
INDIALANTIC, Fla., April 10, 2019 /PRNewswire-PRWeb/ -- Gold Cube, the manufacturer of the world's first cash for gold ATM company, primarily focused on the buying and pawning of broken or unwanted gold and silver jewelry, today announced that it has applied for a United States Patent, entitled "Gold and Precious Metal Buying Machine Further Configured To Buy Crypto Currency for Cash Dispensed by Machine and to Buy Gold and Precious Metal Items from Customers in Exchange for Crypto Currency".
The patent is based upon Gold Cube's gold buying machine (GBM) which is configured to dispense cash to the customer (like an ATM), in exchange for the customer gold or other precious metal items to the GBM machine; is configured to dispense crypto currency in exchange for the customer selling gold or other precious metal items to the GBM machine; and is further configured to dispense cash to the consumer selling the consumer's crypto currency through the GBM system or using the GBM to dispense cash to the customer in exchange for the customer's crypto currency.
Gold Cube has a unique value proposition. The precise analysis of all gold and silver items allows Gold Cube to offer customers the highest market price for their broken or unwanted jewelry. Additionally, customers will now have the ability to choose cryptocurrency as a payment option when selling or pawning. Furthermore, they will also be able to trade crypto currency for cash at any Gold Cube ATM kiosk.
"This patent-pending proprietary technology offers an easy alternative method of payment," said Mykel Douglas, CTO of Gold Cube. "We are confident that Gold Cube's expanding intellectual property estate, including this new patent application, will provide our products with long-term market exclusivity. This is particularly important as industry awareness and acceptance of our Gold Buying ATM(TM) technologies and manufacturing techniques continues to grow."
About Gold Cube:
Established in 2013, Gold Cube is a leading manufacturer primarily focused on the development and manufacturing of innovative precious metal vending kiosks, based on its proprietary Gold Cube(TM) technology platform. The company intends on placing an additional 95 ATM kiosks in the various locations in 2019.
Forward-Looking Statements:
This document may contain forward-looking information about Gold Cube's' operating results and business prospects that involve substantial risks and uncertainties. Statements that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements include, but are not limited to, statements about Gold Cube's' plans, objectives, expectations, strategies, intentions or other characterizations of future events or circumstances and are generally identified by the words "may," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "could," "would," and similar expressions. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Because these forward-looking statements are subject to a number of risks and uncertainties, Gold Cube's actual results could differ materially from those expressed or implied by these forward-looking statements.
Source: https://www.thegoldcube.com/
Mykel J. Douglas Sr,
CTO
(321) 549-8749
mdouglas (at) thegoldcube (dot) com
Nakia Geller,
CEO/Founder
GoldCube Innovations, LLC
(321) 408-6877
ngeller (at) thegoldcube (dot) com
Source: GoldCube Innovations, LLC
SOURCE Gold Cube
