WHY BITCOIN WILL TRANSFORM TRADITIONAL VENDING MACHINES

Tom Truitt hasn’t been in the vending business a long time. But he knows one of the biggest changes taking place in vending machines found in cafeterias and break rooms is the introduction of cashless payment. And while the vending industry is adopting cashless payment and even mobile payment, Truitt has an even more futuristic vision for vending. He sees Internet cloud-based management of millions of vending machines that accept cryptocurrency.
Truitt’s company, Philadelphia-based Liberty Vending LLC, is developing a software system that manages bitcoin payments in vending machines. His software and machine interface can retrofit machines to accept bitcoin.
Opportunity Calls in Vending
Truitt’s solution will join the march of interactive technology that is already changing the vending experience for many consumers. But his vision takes the vending experience ahead of the pack with bitcoin.
‘I saw an opportunity,’
Truitt said.

This post was published at Crypto Coins News on February 2, 2015.