With the popularity of cryptocurrencies, there are more and more diverse products on the markets that allow them to use cryptocurrency. In home appliances - air conditioners, air dehumidifiers and televisions - embed microcircuits for mining, and a toothbrush will allow you to earn a cryptocurrency while cleaning your teeth. Now the turn of bicycles has come.
In September, Toba will go on sale: the electric bicycle of the British company 50Cycles is capable of extracting LoyalCoin (LYL) while it is on the move, which you can spend in stores, exchanged for another cryptocurrency or pay for the company's products.
The reward for every 1600 km will be £ 20 ($ 26.56). The simplest model of such a bicycle will cost £ 1695 (about $ 2000). Monitoring of the mining will be carried out using a special program installed on the smartphone, and private keys that confirm the ownership of coins will be stored in the device on the vehicle itself.
According to the head of 50Cycles Scott Snaith, Toba is not only the first electric bike of its kind, but also the first tokenized product that will reward users.
"50Cycles always tried to get ahead of its time, resorting to advanced technologies. So, 15 years ago we bet on electric bikes and did not lose. Now we see a huge potential of blockchain technology and cryptocurrency, "he said.
In turn, the Brazilian businessman Ricardo Reis announced the creation of a machine that will start brewing coffee only after connecting to her crypto-wallet.
The device has a QR code that allows users to send money and pay for coffee. After connecting the wallet, the coffee machine checks the information, confirms the payment and starts the process of brewing coffee.
"I do not work with cryptocurrencies directly, but I invest in Bitcoin since 2016. My Bitcoin coffee machine was created to study the potential of the market as an example of various options for using cryptocurrency, "he said.
According to the developer, he used the Raspberry Pi processor and encrypted the machine with PHP. While the coffee machine does not use the Lightning Network protocol, however in the future Flight plans to use this technology to create another device. He specified that the household appliances he created is not a commercial product, but rather a hobby.