TLDR
Using the NEM Catapult blockchain and Internet of Things (IoT) context awareness, we can protect ATMs from the inside out by giving each ATM a way of sensing for unwanted external components and reporting unauthorized access or modification. The IoT Skin applies concepts of context awareness to monitor its environment and take note of and act on outside variables, such as pressure, light, and the distance of objects around the ATM. To combat fraudulent ATM skimmers, the IoT Skin is placed over certain areas such as near the card reader, or keypad for an extended amount of time, the ATM owner is notified to examine the ATM for more than five minutes.via the TL;DR App
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