Thanks to a Bulgarian blockchain research and development company, Quanterall, shoppers will soon be able to purchase their groceries using Cardano (ADA). They recently released a prototype of the self-checkout system that utilizes ADA as the payment method.
With the self-checkout system, the customer will have no direct contact with a cashier. This is the first self-checkout system that will allow for cryptocurrency as a payment method. There is no need for debit cards or banks, all the customer will need is ADA coins and the Quanterall application on their smartphone.
Unfortunately, at the moment only ADA holders will be able to use this system. However, there is no doubt that many more cryptocurrencies will adopt this system in the near future, where the customer will be able to choose their preferred crypto as their payment method.
In a video released on the company’s YouTube channel, a developer can be seen demonstrating how the self-checkout system works in real time.
The customer will scan the barcode of the items that they wish to purchase with an app on their smartphone, they will then proceed to the self-checkout counter where they will scan a QR code on the computer screen in order to import the items that they have scanned, the items will then appear on the computer screen. The next step is a weight test, whereby the items are placed on a scale in order to check that the weight of the combined products match the weight of the products which are pre-recorded onto the system. Once the weight test is passed, the customer will select ADA as their payment method, and scan the QR code on the screen with their preferred wallet. Once the payment is complete (the transaction appears to take about 15 seconds to complete) a physical receipt will then print from the machine.
This is an enormous opportunity for ADA which will, in the long run, pave the way for mass adoption of the ADA, as well as other cryptocurrencies. We will soon see many different cryptocurrencies being adopted for similar systems all over the world. 2020 is going to be an intriguing year in the crypto space, the competition is fierce… and nobody wants to get left behind.