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.