Marijuana vending machines have long been a pipe-dream of cannabis smokers everywhere. Now, not only are they are finally becoming a reality for residents of Colorado, where recreational cannabis use is legal, but they will also be Bitcoin-friendly.
Unsurprisingly, the vending machines under the brand name of ZaZZZ where unveiled at an exclusive event in Colorado on April 12th. They are intended to be used as a secondary alternative to the dispensaries, which have been spraining up all over the state in recent years due to overwhelming demand.
Bitcoin accepted here
Since theThe ZaZZZ vending machines will not be behind a counter, they will have some innovative features that will ensure buyers are of the legal age including a driver’s license reader and a camera that captures buyers on video.
However, one of the most notable features of the machines will be that they accept Bitcoin along with the ZaZZZ card and cash. Stephen Shearin, American Green COO spoke about his company’s ZaZZZ machine in an interview with CoinDesk:
“Providing a payment facility that has a super-low cost to it, like bitcoin, is an effective way to provide these guys, dispensaries and dispensary owners, with a means of doing their business that is more efficient than other facilities that charge a higher fee.”
When asked why he chose to include the Bitcoin payment option, he said:
“It’s quick, it’s efficient, it’s trackable.”
These machines certainly provide several advantages over the more traditional method especially for people who want to quickly pay-and-go or who might be nervous about dealing with a bud tender.
Customers select their product of choice, after which they can choose to pay with Bitcoin. A screen on the machine will then display a QR code, which the buyer will scan with their smartphone. After the machine accepts the payment, the customer receives the product and the transaction is complete. “It’s exactly like using a bitcoin wallet to pay anywhere else,” said Stephen Shearin.