An independent inventor has just received a patent for a digital-currency-enabled vending machine. The vending machine allows users to make purchases directly from their mobile devices.
Each vending machine makes use of a control system communicating over the Internet with a remote digital currency system. A digital-currency processing system then executes transactions, storing the transaction data in a storage repository. Once stored, the vending machine dispenses the purchased item. While the vending machines would initially function using a bitcoin network, support for additional cryptocurrencies is highly likely.
Bitcoin ATMs have already made their way into the market, enabling users to purchase a wide variety of items, including beer, cannabis, and vehicles. As cryptocurrency's mainstream acceptance continues to grow, vending machines offering cryptocurrency purchase options will replace the outdated ones across the globe.
Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.
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Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.