The PennZone

  • Home
  • Non-profit
  • Business
  • Education
  • Construction
  • Health
  • Entertainment
  • Technology
  • Software

ChainBytes Launches Operations in El Salvador
The PennZone/10132740

Trending...
  • RAS AP Consulting Advances to RFP Stage in Heidelberg Materials' SAP Vendor & Customer Master Data Modernization Initiative
  • Expert E-Bike Safety Advocate Issues Urgent Warning Following Recent Southern California Fatalities
  • Sidow Sobrino, the One and Only World's No.1 Superstar®, Launches Dangerous Joy
WHITEHALL, Pa., June 22, 2021 /PRNewswire/ -- Headquartered in the US and founded by Bitcoin veteran and US Navy veteran Eric Grill, ChainBytes LLC is a leading BTM provider in the Bitcoin ATM industry. Their company has extensive experience in the financial, hardware, and software development of Bitcoin ATMs since 2012, servicing operators and enterprises looking to expand or get into the Bitcoin ATM business. ChainBytes plans to use El Salvador as its American hub to service its operations in the LATAM, US, and Canadian regions with the global supply chain distribution.

To continue building their footprint in the Americas, their leadership team headed to El Salvador after a recent precedent by El Salvador President Nayib Bukele, on making Bitcoin a legal tender in the country.

After discussions with advisors and top law firms, the leading Bitcoin ATM manufacturer, ChainBytes, sees a bright future for El Salvadorans and jobs in Bitcoin development to come. They plan to make El Salvador the manufacturing hub of Bitcoin ATMs for all of the Americas. Eric Grill, CEO of ChainBytes, recently stated that "El Salvador is showing leadership to the world in implementing Bitcoin as a legal currency. We believe in doing so the country is positioning itself to be more of a technology hub. ChainBytes wants to be a part of helping that succeed. Our initiative will provide the training and skilled jobs needed for all Salvadorans, which will, in turn, contribute to the economy and the nation."

More on The PennZone
  • Edwards & Virginia Business Systems Announces Leadership Appointments
  • $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
  • All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
  • iatroX surpasses 500,000 clinical queries and expands specialist exam coverage
  • Inside-Out Hollywood: The Relentless Rise of Joseph Nybyk (AKA Joseph Neibich)

ChainBytes will provide services to Salvadorans looking to operate Bitcoin ATMs in the country and collaborate with their government, legal entities, and partnerships to ensure the manufacturing hub succeeds and brings prosperity to the country. "El Salvador is a great move for the nation and the entire industry," says ChainBytes COO Tracy Jefferson, "it has free trade zones and service parks that will encourage more businesses to operate here. In addition, with the sea and air hubs in place, it makes sense for us to produce machines here for not only Salvadorans but to export throughout North and South America."

After only being there for a short time, the leadership team already sees the vast potential in El Salvador and what this initiative will bring to the world and Bitcoin development across LATAM and the Americas.

For more information and exclusive interviews, you can contact their Director of Global Marketing, Claudia Olah, at [email protected] or call ChainBytes HQ at +1 (415) 529-5777.

SOURCE ChainBytes LLC
Filed Under: Business

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • The Millennium Alliance Appoints Former Adweek Executive Eric Hayden Shakun as Chief Financial Officer to Accelerate Next Phase of Growth
  • T. Jones Group Named Finalist Across Multiple Categories at the 2026 Georgie Awards
  • Circa 1825-1835 Columbia / Eagle flask sells for a record $177,840 in Glass Works Auctions' online auction held May 4th
  • The Simplest Small Business You're Probably Not Thinking About
  • San Francisco Writer Wins Webby Award, Internet's Highest Honor, for Website Based on her Novel
  • EDC Weekend Comedy Special Featuring Don Barnhart & Friends — Use Promo Code FRIEND for 50% Off
  • N Y S E: OTH Off The Hook YS Is Building a Vertically Integrated Marine Empire — And Investors Are Starting to Notice
  • Concierge Title Agency Merges with Independence Title, Inc. to Deliver an Expanded Concierge Closing Experience Across South Florida
  • Together We Dance Foundation Steps Up for Family in Need of Safe Transportation
  • Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
  • $4.8M in Contracted AI Revenue with Projections of $30M Over 6-12 Months for Diversified AI Software and Platform-Based Services Provider XMax Inc
  • Michelangelo's Great Secret Hiding in Plain Sight
  • From Blank Page to Published Book
  • Virginia Marchese's Paradox: A Nation Still Deciding Who Belongs Examines Race, Migration, Law, and America's Unfinished Struggle for Equality
  • Larry R. Wasion's Jump Gate III RoadMaker Blends Cutting-Edge Sci-Fi with High-Stakes Space Exploration and Complex Technologies
  • Ed, Edd n Eddy, Resident Evil, Anime Voice Actors Augment FAN EXPO Philadelphia Lineup
  • American Mensa and Davidson Institute Join Forces To Strengthen Support for Profoundly Gifted Youth
  • SpeedyIndex Rolls Out Automated API for Mass URL Verification, Solving the Backlink Blind Spot for SEO Agencies
  • KLEKT Announces Appointment of Jay Kimpton to Board of Directors
  • Michigan Attorney General Closed FGM Licensing Investigations Months Before Federal Case Ended, Records Show

Popular on PennZone

  • The Finger Comb, a Dream Inspired 3-in-1 Styling Tool introduced by Andrea L. Randolph - 136
  • Virginia Moving Company Nearly Doubles Customer Calls in Two Weeks After Switching to CARL — the Bold New Alternative to WordPress
  • New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
  • Keenethics enters the ChatGPT Apps ecosystem as a new growth opportunity for businesses
  • AWARENESS TO WELLNESS: Imhotep Institute Charter High School
  • Strategic Talent Associates Launches THE ALIGNED RESET™
  • Assymetrix Launches the Deepest Independent Prediction Market Data API
  • Resident Inspect Joins Property Meld Nexus Network with API Integration
  • Creator Space LA brings together industry leaders for an immersive AI showcase, demonstrations, and film hackathon
  • Colorfront Launches New Mac App For Creating Apple Immersive Video

Similar on PennZone

  • T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
  • $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
  • All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
  • MSBG Corporation Acquires GridWatch US Telemetry Automation System
  • T. Jones Group Named Finalist Across Multiple Categories at the 2026 Georgie Awards
  • The Simplest Small Business You're Probably Not Thinking About
  • EDC Weekend Comedy Special Featuring Don Barnhart & Friends — Use Promo Code FRIEND for 50% Off
  • N Y S E: OTH Off The Hook YS Is Building a Vertically Integrated Marine Empire — And Investors Are Starting to Notice
  • Concierge Title Agency Merges with Independence Title, Inc. to Deliver an Expanded Concierge Closing Experience Across South Florida
  • Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us