{"id":5528,"date":"2020-10-01T10:14:10","date_gmt":"2020-10-01T03:14:10","guid":{"rendered":"https:\/\/news.bitcoinvn.io\/?p=5528&#038;lang=en"},"modified":"2024-05-13T07:40:43","modified_gmt":"2024-05-13T00:40:43","slug":"first-lightning-atm-saigon-launches","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/news\/first-lightning-atm-saigon-launches\/","title":{"rendered":"First Lightning ATM in Saigon launches regular operations"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In a recent announcement on their blog the Vietnam-based OTA <\/span><a href=\"https:\/\/future.travel\/\"><span style=\"font-weight: 400;\">Future.Travel <\/span><\/a><span style=\"font-weight: 400;\">announced that they have launched the very first Lightning ATM in Asia into regular operation.<\/span><!--more--><\/p>\n<p><span style=\"font-weight: 400;\">The machine is hosted at the<\/span><a href=\"https:\/\/www.openstreetmap.org\/node\/7930220496\"><span style=\"font-weight: 400;\"> office location of Future.Travel<\/span><\/a><span style=\"font-weight: 400;\"> in Tan Binh district and operates at regular office hours. The machine allows for direct conversion of VND into Bitcoin Satoshis on the Lightning Network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The machine has been built based on the <\/span><a href=\"https:\/\/github.com\/21isenough\/LightningATM\"><span style=\"font-weight: 400;\">open source design<\/span><\/a><span style=\"font-weight: 400;\"> provided by <\/span><a href=\"https:\/\/twitter.com\/21isenough\"><span style=\"font-weight: 400;\">21isenough<\/span><\/a><span style=\"font-weight: 400;\"> with hardware components sourced and compiled on-site in Vietnam.<\/span><\/p>\n<figure id=\"attachment_5523\" aria-describedby=\"caption-attachment-5523\" style=\"width: 960px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5523 size-full\" src=\"https:\/\/news.bitcoinvn.io\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning.jpg\" alt=\"Eats Fiat, gives Sats. Asia's first Lightning ATM in Ho Chi Minh city.\" width=\"960\" height=\"1280\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning.jpg 960w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning-225x300.jpg 225w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning-768x1024.jpg 768w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning-696x928.jpg 696w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/atm-bitcoin-lightning-315x420.jpg 315w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><figcaption id=\"caption-attachment-5523\" class=\"wp-caption-text\">Eats Fiat, gives Sats. Asia&#8217;s first Lightning ATM in Ho Chi Minh city.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Future.Travel thereby continues to be one of the path-forging pioneers in the Bitcoin space in Vietnam and Asia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2013 Future.Travel became Vietnam\u2019s first merchant to accept Bitcoin payments for its services such as flight tickets, visas, hotel booking or cruises and took BTC acceptance online in 2015; followed up in 2020 by becoming Vietnam\u2019s first Lightning-enabled merchant thanks to a partnership with <\/span><a href=\"https:\/\/www.neutronpay.com\"><span style=\"font-weight: 400;\">Neutronpay<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.bitcoinvn.io\"><span style=\"font-weight: 400;\">BitcoinVN<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">David Watson, General Director Future.Travel:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cWith the world economies in flux it is more important than ever for merchants to remove barriers to purchase by consumers. As an international Online Travel Agency, <\/span><\/i><a href=\"https:\/\/future.travel\/\"><i><span style=\"font-weight: 400;\">Future.Travel<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> works with customers from around the globe. In many cases the ability of customers to purchase is limited by the ability to gain access to bank credit or debit cards. Banks are not keen to issue those these days of economic uncertainty.<\/span><\/i><\/p>\n<figure id=\"attachment_5524\" aria-describedby=\"caption-attachment-5524\" style=\"width: 1110px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5524 size-full\" src=\"https:\/\/news.bitcoinvn.io\/wp-content\/uploads\/2020\/10\/david-watson-future.travel.jpg\" alt=\"David Watson, General Director of Future.Travel during BlockFin Asia 2016\" width=\"1110\" height=\"580\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel.jpg 1110w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-300x157.jpg 300w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-1024x535.jpg 1024w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-768x401.jpg 768w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-696x364.jpg 696w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-1068x558.jpg 1068w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2020\/10\/david-watson-future.travel-804x420.jpg 804w\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" \/><figcaption id=\"caption-attachment-5524\" class=\"wp-caption-text\">David Watson, General Director of Future.Travel during <a href=\"https:\/\/www.blockfin.asia\/\">BlockFin Asia 2016<\/a>.<\/figcaption><\/figure>\n<p><i><span style=\"font-weight: 400;\">The Lightning Network payment pathway lets the consumer purchase with local currency at a Lightning Bitcoin ATM and to buy products online, almost instantly. For us at <\/span><\/i><a href=\"https:\/\/future.travel\/\"><i><span style=\"font-weight: 400;\">Future.Travel<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> that means we have near instant funding from purchases around the world being directly deposited into our Vietnamese bank account. Much faster and cheaper than traditional credit\/debit cards issued by Visa or MasterCard. We have lowered the cost of travel products to the consumer to essentially a cash rate by allowing them to use the Lightning nNetwork when they make a payment. Removing friction and barriers at the point of sale works for everyone.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">While there are a couple of more <\/span><a href=\"https:\/\/www.openstreetmap.org\/search?query=bitcoin%20atm%20saigon#map=19\/10.77882\/106.69819\"><span style=\"font-weight: 400;\">Bitcoin ATMs operating in Saigon<\/span><\/a><span style=\"font-weight: 400;\">, the Lightning Bitcoin ATM by <\/span><a href=\"https:\/\/future.travel\/\"><span style=\"font-weight: 400;\">Future.Travel<\/span><\/a><span style=\"font-weight: 400;\"> is the first machine in Ho Chi Minh City to provide direct access to Bitcoin sent via second layer technology <\/span><a href=\"https:\/\/en.bitcoin.it\/wiki\/Lightning_Network\"><span style=\"font-weight: 400;\">Lightning Network<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent announcement on their blog the Vietnam-based OTA Future.Travel announced that they have launched the very first Lightning ATM in Asia into regular operation.<\/p>\n","protected":false},"author":11,"featured_media":5539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3814,10549],"tags":[10502,57,10555,10557,7075,7076,10559,10435],"class_list":["post-5528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-featured-sub-panel","tag-bitcoin-atm-en","tag-btc-2","tag-lbtc-en","tag-lightning-atm-en","tag-lightning-bitcoin-atm","tag-lightning-network","tag-saigon-en","tag-vietnam-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>First Lightning ATM in Saigon launches regular operations - BitcoinVN News<\/title>\n<meta name=\"description\" content=\"In a recent announcement on their blog the Vietnam-based OTA Future.Travel announced 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