Blockchain Vending Machine: A Smart Contract-Based Peer-to-Peer Marketplace for Physical Goods

In this paper, we propose an autonomous vending machine that is governed by a public Blockchain and smart contracts platform. Set up as decentralized organization, it serves open marketplace for physical goods, where anyone can buy and/or sell objects. We basic architecture the machine, analyze pricing fee mechanisms examine potential pitfalls. Moreover, discuss issues, possible extensions further areas improvement. conclude deployment of such machines could significantly improve our understanding organizations build bridge between virtual markets. Insights gained from experiment may raise important questions research.