Civic Launches World’s First Beer Crypto Vending Machine
This Bud’s for you.
The world’s first “cryptobeer” vending machine was unveiled at Consensus, a blockchain technology summit held May 14 to 16 in New York. San Francisco’s blockchain startup Civic found a creative way to show off the technology—and facilitate alcohol sales.
Here’s how it works: First, would-be beer buyers download an app from Civic that uses a blockchain-based system to verify that a user is of legal drinking age. They then use the app to scan a QR code, and once they are vertified, the machine dispenses a 12-ounce can of Budweiser. And, Voila!
I wonder if fake ID’s would work?
This can only work if governments are willing to tie national ID verification methods to a blockchain — that is, a public ledger, and possibly one that could be a lot less secure, than we initially thought.
The idea is a one-off partnership with Anheuser-Busch, though it could be the start of additional measures in which blockchain-based technology is used to “facilitate on-demand, secure, low-cost access to identity-verification services,” as Civic’s website notes.
“It’s not limited to just beer, it could be for any kind of age-restricted product. Unmanned entrance to casinos, and then for the vending machines, we can see this going into concerts, ballgames, venues, conferences.” – Civic’s, Titus Capilnean
There is no need to get too excited. Civic’s beer vending machine is only a prototype, meant to attract investors, and bring in business partnerships.