Vending machines don't accept payments in ADA
Develop an interface that communicates ADA Pay with the MDB protocol used in traditional vending machines
This is the total amount allocated to Vending Machine (MDB) interface.
INTRODUCTION
Vending Machines have been in the market for more that 50 years with a current market size of almost $20 billion US dollars. More than 70% of vending machines are still based on legacy technologies from the early 1990s as is the Multy-Drop Bus protocol (MDB).
Lately, this technology was complemented with adhoc gateways that provides more features and payments types. Payment with crypto still in an early state of adoption with a great potential. Taking the lead in this industry will be a major milestone for the Cardano ecosystem.
This proposal is to build an interface that integrates ADA Pay with an MDB gateway composed of a Raspberry Pi with an MDB hat interface. This project will open huge possibilities to deploy payments with ADA on traditional vending machines and position Cardano and COTI on that market.
PROJECT PLAN
This project consist on the development of the MDB interface for ADA Pay that involves the following activities:
The project duration is estimated in SIX WEEKS with the following breakdown:
BUDGET
The budget consists primarily of development hour costs plus the development environment setup. Budget breakdown is as follow:
TOTAL BUDGET: USD 16,300
PROJECT TRACKING
The project implementation will follow Agile management based on Jira Cloud tools. Jira users can be created for follow up and auditability. Additionally, a bi-weekly report will be published with project progress, major milestones and risk assessment.
The plugin is the main deliverables that constitute the metric of progress and success:
Intermediate progress will be reported as Spring Burndown, a KPI metric that shows the progress of each development sprint. Additionally, the development will be managed in a public github repository where periodic commits will be pushed and that allow the community to audit and validate the work.
We've determined the following KPIs:
RISK ASSESSMENT
There is an intrinsic risk due to the fact that ADA Pay API is not known at time of developing this proposal. We have assumed that API integration won't deviate from traditional integration and process. However, if something deviates from the plan, we will use part of the budget to acquire the expertise needed to cope with the challenge.
TEAM AND EXPERIENCE
This proposal was elaborated by Rodolfo Miranda. His Linkedin profile can be find at https://www.linkedin.com/in/rodolfomiranda/
His background includes a MS EE degree at Stanford University and more than 25 years of successful work experience in both large multinational companies and owned startup projects. His main activities involve architecting, developing, and implementing large scale software solutions for the Telecommunication Industry. He leads multi-disciplinary and multinational teams in the Caribbean and Latin America.
More than 40 years of self-taught programming with advanced knowledge on many coding languages. Lately, he was engaged in blockchain technologies and joined Cardano community where he:
He participated in previous projects that involved MDB interfaces and payment adaptations such as cashless devices. For this project, a developer with advanced knowledge on MDB interfaces will participate in the development.
Strong academics and 25+ years of proven experience in architecting and developing software solutions. Developed sidetree-cardano in Fund 6