Current Context: Hyderabad-based fintech company Goldsikka has unveiled the world’s first AI-powered Gold-Melting ATM, enhancing the way users interact with gold transactions.
Features and Functionalities:
- Services Offered:
- Buy and sell gold
- Melting and purity testing
- Instant valuation based on real-time market prices
- Direct bank transfer within 30 minutes
- Technological Integrations:
- Augmented Reality (AR) for virtual jewellery try-on
- AI-based security measures, including Aadhaar verification and ID proof checks
- Automated crime detection and alert systems