World’s first AI-powered gold melting ATM

Goldsikka Ltd, a Hyderabad-based company, has launched the world’s first AI-powered Gold Melting ATM. This next-generation machine builds upon the success of India's first real-time Gold ATM, introduced in 2022.

Key Features of the AI-Powered Gold Melting ATM • Buy, Sell, Exchange, Lease, Digitize & Monetize Gold – Users can perform multiple gold-related transactions seamlessly.

• Gold Melting & Purity Testing – When selling gold, the ATM melts it, tests its purity, and displays its value before transferring the amount to the user's bank account.

• Augmented Reality (AR) Integration – Users can virtually try on jewellery before purchasing, enhancing the shopping experience. • Zero Human Interference – The entire process is automated, ensuring security and efficiency.

• Biometric Verification & Crime Detection – The ATM verifies Aadhaar and ID proof, and if any criminal record is detected, it holds the gold and alerts authorities.

• Expansion Plans – Goldsikka aims to install 100 machines in India and 100 internationally within a year.