IOTA (MIOTA) DID System to Be Integrated with Yallvend Vending Machines

On November 27, 2019, BiiLabs, a startup focused on the development of Blockchain-as-a-Service (BaaS) solutions, announced the start of a collaboration with Yallvend, a vending machine manufacturer. Moreover, given the high cost, most vending machines do not currently have an age verification function, and in other countries, the lack of regulation does not favor the development of this type of service.

The Taiwan-based company has decided to innovate all traditional automatic vending machines by integrating a mobile payment system together with an ID authentication system developed by BiiLabs. This solution seems to address a common problem present in different countries: the sale of products subject to laws and regulations such as tobacco and alcohol on vending machines.

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