IOTA Tangle-dependent BiiLabs’ decentralized identifiers (DIDs) is to be introduced in the world’s first vending upgrade kit for reliable and secure identity authentication, NewsLogical has learnt.
The progress came from a partnership between BiiLabs and Yallvend on the implementation of blockchain technology into its Yallvend’s Vending Upgrade Kit (VUK).
The innovation has secure ID authentication that can be used on vending machines selling products with age limits and also upgrading existing systems.
Yallvend is no doubt an expert in vending machine protocols, coin changer among other unmanned business machines.
Yallvend, the R&D members, have been in this industry for more than 10 years, operating with trust and highly skilled engineering experiences.
Different products are being sold via vending machines in different parts of the world. In Japan and Germany, tobaccos and alcohols are part of products sold with vending machines. However, every tobacco vending machine in Germany needs an identity recognition system.
The vending machines in Germany accept passport, driver’s license and Personalausweis (German ID card), but it is hard for the system to know if the one using the vending machine is actually the owner of the ID Card, which makes the system insecure. Also, foreigners in Japan requires TASPO card to buy tobacco legally, via the machine.
In Japan as well, tobacco purchase using vending machines declined from 180,000 units in 1996 to less than 3,000 units in 2018, a post by BiiLabs has shown.
Despite this, many vending machines do not include digital age identification system as market does not also have the solutions to tackle the challenges.
However, Yallvend’s global first Vending Upgrade Kit is offering the perfect solution to upgrade traditional vending machines with the latest digital mobile payment, the post included.
Through mobile phones, users can process their identity authentication before the transaction is being confirmed.
Also, BiiLabs will provide a time-stamped electronic receipt, resend the permanently recorded tamper-proof ID, timeline and location data into the vending machine.
Through this, it is easy to implement secure identity system in all vending machines without necessarily redesigning or manufacturing new vending machines.
BiiiLabs DIDs makes uses of DLT based on IOTA Tangle, storing necessary data on the blockchain.
“This is the most reliable and secure choice for ID authentication,” says Lman Chu, CEO and co-founder of BiiLabs.
Making use of the DIDs authentication and smart mobile payment module, the latest vending machine protocol will have long-lasting impacts, thereby helping to design more outstanding unmanned business model.