The iTeller project aims to revolutionize the financial industry by offering an alternative to traditional financial institutions for money transfers. It involves the global deployment of ATMs, enabling customers to send money to any country and exchange cryptocurrency with fiat currency in real-time. The objective is to reduce dependence on banks and other traditional financial institutions for money transactions. Additionally, the project introduces the iTeller Token, a decentralized open-source digital currency that facilitates low-cost international payments.