Do you know any case of IoT featuring Bitcoin? Fridges, Vending Machines, Washing Machines?
61 sats \ 0 replies \ @earnbitcoin 1 Aug 2022
I don't know the details of how bitcoin fits in here, but thet say it uses LN in some way now.
For off-grid solar in the developing world there is "pay-as-you-go" (PAYG) models where you can pay a fraction of the purchase amount upfront and then installments while using the solar that your panels produce, until you have paid off the contract (e.g., for two years). If payments aren't made and a grace period passes, then a code is sent via GSM to the smartbox/controller and the panel stops working.
This Melanin solar seems to have pivoted a bit but their initial aim was to do something along these lines from what I can tell -- sell a solar panel and smartbox, and use a utility token that got created from a bitcoin fork that changed the mining algo to an ASIC-resistant one called "YesPower" (for ARM CPUs). (It used a 2019 snapshot of bitcoin, so all who had unspent UTXOs prior to the snapshot were "airdropped" the token ($WHIVE)). So the token buyers were to be those who bought the token to then make the installment payments. This was to run entirely on this Whive blockchain. So I think the smartbox was running as a node on WHIVE blocckain, possibly
https://www.accesswire.com/662987/Distributed-Energy-System-Built-on-the-Bitcoin-Lightning-Network-BLN-and-Whive-Protocol-Piloted-in-East-Africa
https://whive.io
Now I see marketing showing that it uses LN.
I'm not sure what they are doing with it nowadays though. And they now have some NFT project that uses the WHIVE token.
https://nyukia.com
So I have no idea what ultimately they are doing at this time. But I wanted to share because this pay-as-you-go concept is interesting, and it could be done with Lightning only just as well.
reply
112 sats \ 0 replies \ @sb 31 Jul 2022
A setup that allows Lightning transactions to pay for laundry on college campuses or in public laundromats would be incredible 👌🏼
reply
123 sats \ 2 replies \ @earnbitcoin 1 Aug 2022
ArcBTC has built on LNURLPoS and created bitcoinVend:
bitcoinVend: Offline bitcoin vending machine
#52425
https://github.com/arcbtc/bitcoinVend
reply
25 sats \ 1 reply \ @earnbitcoin 1 Aug 2022
https://twitter.com/softsimon_/status/1497936485013721088
https://nitter.it/softsimon_/status/1497936485013721088 <-- Shows the thread in a single, easy-to-read, web page
reply
25 sats \ 0 replies \ @sandbeach123old 1 Aug 2022
Yes, LNurlpos (pos terminal for vending machines) and LNurl w (nfc card) can work for multiple devices. LNauth can work for electronic locks.
https://github.com/lnbits/lnbits-legend/tree/main/lnbits/extensions
reply
129 sats \ 0 replies \ @DeezSats 31 Jul 2022
It's a giant market opportunity. But hardware is hard. Still so much opportunity in building out software.
reply
2 sats \ 1 reply \ @DogFac3 31 Jul 2022
Bitcoin ATMs hooked up to nodes maybe
reply
0 sats \ 0 replies \ @DogFac3 31 Jul 2022
this idea can always be expanded towards other devices
reply