Plus   Neg

Civic Showcases Crypto-powered Beer Vending Machine


Blockchain identity startup Civic Technologies showcased its crypto-powered beer vending machine at the South by Southwest (SXSW) Conference & Festival in Austin, Texas from March 10 to March 13. The vending machine combines identity verification process and payment in a single transaction to vend a beverage can.

Civic reportedly indicated that it sold around 150 beers per day since they were introduced last Sunday at the venue. Payments were made through Civic's native CVC coin, which were distributed by Civic itself to SXSW participants.

Civic plans to officially launch the by the product by the end of 2019, a vending machine that can verify the age of the customers and allow them to buy beer by paying in cryptocurrencies. These machines are expected to be a big hit at music concerts, sporting events and even at some bars.

There is no need for a physical ID check for age verification to buy a can of beer. The customer is required to prove they are over 21 and pay for a beverage in a single transaction using a Civic App and the smart vending machines. The app uses blockchain to store and verify the age anonymously.

The beer vending machine with identity verification capabilities solves the challenge of verifying that people are over 21 from their mobile device, without needing to share excess information.

This solution will also open up the door to a whole new age- restricted product market, where it is quite difficult to otherwise offer these products through automated retail vending machines.

Civic is partnering with vending manufacturers to make the next generation of automated retail solutions available for purchase through them that combines identity and payment processes for vending.

A customer can walk up to the vending machine and use the Civic App to scan the QR code to prove their age at a fraction of a cost to get the product. Customers can use regular money or cryptocurrency to pay for the products, without incurring high credit card fees.

The blockchain-based age verification app can an anonymously verify their age without the needing to share any other unrelated excess information.

The Civic app enables them to verify their identity using a document that contains their date of birth, via the Civic Identity Verification Marketplace. The app then interacts with a QR code on the vending machine to only reveal if the person holding the phone is over 21 (legal drinking age in the U.S.) and dispenses the beer can.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT