hand pushing button on vending machine keyboard

Coca-Cola Amatil, the Asia-Pacific bottling giant, partnered with digital assets platform Centrapay to integrate bitcoin as an alternative payment option for vending machines across Australia and New Zealand.

 Now 2,000+ smart vending machines is accepting cryptocurrency.

Transactions are conducted via New Zealand-based Centrapay and Sylo Smart Wallet, which has 250,000 users.

Sylo wallet can store, send and receive cryptocurrencies including bitcoin and ERC20-compatible tokens. 

“But for the Coke scenario, it’s just supported for bitcoin initially for the trial run, but we may extend the functionality,” Johannink, Sylo co-founder said. According to him, Sylo’s main focus is not on bitcoin as a payment form but the vision of connecting crypto to the real world. This is a trial to roll out digital assets as payment tools more broadly.

“People are testing it out now. If it goes smoothly, we can roll it out pretty quickly.” Johannink added.

Just $133 of Ethereum Costed $2.5 Millions of Dollar as Transaction Fees

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