GoChain To Build Cannabis, Alcohol And Pharma Vending Machines In Partnership With PopCom
GoChain To Build Pharma, Alcohol, And Cannabis Vending Machines In Partnership With PopCom
GoChain, a blockchain application network has joined hands with PopCom, which specializes in automated retail technology. PopCom is known for making smart vending machines and also provides Kiosk solutions.
The partnership between the two firms would see Popcom building a chain of products powered by GoChain, with a complete ecosystem. The first aim of the partnership is to build a chain of automated vending machines for government regulated products such as cannabis, pharmaceutical, and alcohol.
PopCom experience in building smart vending machines has made it a favorite among several fortune 500 companies. Both the firms would explore various possibilities of integrating the vending machine ecosystem with blockchain. PopCom’s software integration team has set the target at 18 million vending machines.
PopCom Brings Blockchain To Retail Business
PopCom is looking to integrate the advancements of the blockchain, biometrics, and smart contracts to the Gochain’s fast network. The integration would see a 2.0 version of regulated retail, powering machine-driven transactions in a secure and compliant way.
The latest partnership was looking to release the technology first as a vending solution, however, the plans have been modified to integrate 18 million vending machines together using the software solutions and kiosks, bringing blockchain to the forefront of retail business.
Dawn Dickson, PopCom CEO, said,
“We’ve spent the last year seeking great partners in the blockchain, and we’re proud to work with the talented team at GoChain. Uniting a very exciting application of blockchain technology like PopCom with a fast and powerful network infrastructure like GoChain could pave the way for blockchain to finally become part of the public’s everyday lives.”
How PopCom Could Change The Automated Retail Business
PopCom’s first step of making government regulated products such as cannabis, which is still a taboo in many countries, with the help of GoChain’s network would pave the path for a safer business model, easy access, and a great sense of security.
Currently, the state of government regulated product distribution and sale is in a poor state, which makes way for block market and mafias. Even in those places where the regulated products are available through government back retailers faces a lot of roadblocks due to monopoly at the hands of few.
Hopefully, the latest integration of GoChain network combined with advancements of Blockchain, PopCom can bring in a force of change into the government regulated product retail business.