Global Changes
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ATM Goes Gold In Abu Dhabi
Posted on May 17th, 2010 No commentsIs this a change for the future, or just a one off fad? As the price of Gold hits record highs, an Abu Dhabi hotel has installed the worlds first ever Gold dispensing ATM.
Source: BBC News
Located in the Abu Dhabi Emirates Palace, thought to be the most expensive in UAE, the ATM can dispense bars of up to 10 grams, or smaller coins with unique designs. How useful this is for daily life, perhaps not very. But the idea did not originate from Abu Dhabi itself. It came from a German inventor who originally installed on in one of Frankfurt’s main train stations. It waits to be seen whether they will be successful enough to be rolled out over more of Europe.
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