Bitcoin Powered Coffee Machine to be Created in Brazil

Creator says that bitcoin-coffee machine was created to study the potential of the market
18 June 2018   1182

The Brazilian businessman Ricardo Reis, wishing to demonstrate one more example of the potential use of the first cryptocurrency, created his own bitcoin-espresso machine. This is reported by CCN.

According to the businessman, he doesn't work directly with cryptocurrencies, but he has been investing in bitcoin since 2016. He also says that the bitcoin-coffee machine was created to study the potential of the market, and to show that the first cryptocurrency has various potential uses, including as real "programmable money."

I developed a device that powers the coffee machine with Bitcoin transactions to study and have fun. Dealing with technology, for me, besides work, is a hobby. My intention was not to create something to explore commercially, I wanted to simply explore the technology’s capability and show other people how BTC is ‘programmable money.

Ricardo Reis

BTC coffee machine creator

The machine starts when the bitcoins arrive at the purse connected to it. The device has a QR code that allows users to send money and pay for coffee.

As creator says, he used the Raspberry Pi processor and encoded the machine with PHP. At the moment, the coffee machine does not use the Lightning Network protocol, but in the future Reis plans to use this technology to create another device.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   167

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.