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Beer Bitcoin Payments

Beer-Tech Company Pubinno is Integrated with Bitcoin Payment Infrastructure

— March 3, 2022 — Lifestyle
Pubinno, the San Francisco-based tech firm that "builds the Internet of Beer with artificial intelligence," recently announced it's now integrated with bitcoin payment infrastructure. The brand began accepting bitcoin payments using the lightning network at the #LightningHackdaysIST. By using their lightning network-enabled wallets, participants could automatically pour their own beer in seconds.

“We had a successful POC, and hundreds of people became a part of the lightning-fast perfect beer experience by paying with bitcoin.” Can Algul, Pubinno’s co-founder and CEO, says. We aim to spread this bitcoin payment infrastructure in all bars that use Pubinno technologies in the world.

The Smart Tap accepts payments by scanning a QR code on its screen from a wallet that supports lightning network. The tap receives confirmation of the payment (which takes roughly two seconds) and then pours the beer. Through this technology, beer lovers can hygienically pour beers in any amount they want without having to limit themselves to standard sizes, such as 30, 40, or 50 CLs.
Trend Themes
1. Bitcoin Integration in Retail - Opportunity for retail businesses to integrate Bitcoin payments and enhance customer experience, such as offering quick, contactless payment options.
2. Iot-connected Smart Appliances - Opportunity for appliance companies to create IoT-connected devices that offer seamless, automated interactions with customers and new payment options.
3. Micro-transaction Economy - Opportunity for businesses to innovate and perfect micro-transactions to offer customers more control over their purchases and enhance the customer experience.
Industry Implications
1. Food and Beverage Industry - Opportunity for businesses in the food and beverage industry to introduce new payment options, better customer experiences, and cut costs with innovative automated technology.
2. Retail Industry - Opportunity for brick-and-mortar retailers to remain competitive with online retailers by offering innovative experiences such as IoT-connected appliances and contactless payment options.
3. Finance and Payment Industry - Opportunity for finance and payment companies to collaborate with tech companies on innovative payment solutions that enhance the customer experience.
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