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Coca-Cola for Bitcoin: fast and convenient.


Mazda3

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Ricardo Reis, a technical specialist from Brazil, has developed an automatic machine that pours Coca-Cola in exchange for a Bitcoin payment. For receiving as a payment for cryptocurrency, as well as for the implementation of a quick transaction, Lightning Network is used - an additional technological layer to the Bitcoin cryptocurrency blockchain, which allows you to “expand” the bottlenecks of this distributed registry.

The process of buying a cup of Coca-Cola drink itself is carried out by reading a QR code.
This invention shows that cryptocurrencies and blockchains can be “embedded” in a person’s daily life when it comes to their most basic life needs. A fresh study from MarketsandMarkets says that food companies around the world will invest heavily in the implementation of the blockchain: if in the current year 60.8 million dollars are allocated for this purpose, by 2023 this amount will increase by more than seven times 429.7 million dollars a year.

Cryptocurrencies and blockchains show that they can solve the pressing problems of humanity, ranging from how quickly to pay off digital assets (as in the case of Reis’s invention), to solving issues with creating a digital analogue of SWIFT in the form of RippleNet, and also in organizing access to financial resources for hundreds of millions of people in the world who, for various reasons, have not yet been covered by banking services.
A source:

 

Posted

Interesting how far crypto currency has come along in just the past few years . I love reading posts like this one because i learn so much about btc that i was unaware of

Posted

Ok this is sweet, one more step towards wider cryptocurrency acceptance.

I would LOVE if this took place where I lived lol, especially for pop I like 😛

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