Bitcoin Forum

Guys, I was thinking how you can use Bitcoin or Blockchain in general regarding furnitures? Do you have any ideas?

Thanks for some Brainstorming :)

If we talk about blockchain technology and integrating it to furniture products then it is very complicated. But when we speak of bitcoin it is much easier, you can accept bitcoin as a mode of payment to the furnitures you are selling. You can even sell your furnitures online and your customers will pay you in bitcoins before you deliver.

I dont know if I have answered it right but I guess my answer is of help.

If heating is needed than using a Bitmain Antminer R4 is an option of building in mining hardware in your house; https://www.cryptocoinsnews.com/bitmain-to-launch-antminer-r4-for-home-bitcoin-mining/

But otherwise, what's the point of having a network / blockchain aware light or table? It would just make the furniture more expensive without any benefits. Equipment that otherwise just stand around like your router can be used to keep a copy of the Bitcoin blockchain (this exists), but I am not sure how a carpet connected to a blockchain improves the product. If the thought is to increase node counts and distribute the blockchain then it might be helpful, but that's improving the crypto network, not improving the furniture per se.

options

1. your smart fridge has a barcode scanner.. you finish the milk. scan the barcode, and the fridge stores that to make a shopping list. you fund the fridge with a certain amount of bitcoin.
then on a certain date or the shopping list total reaches the funds it has.. the fridge then API calls walmart with the shopping list along with a signed transaction.

2. manufacturing.
imagine the automated car making robots. (or sofa/ table / carpet manufacturers with automated robots)
when a dealership sells a car. a customer deposits funds. those funds go to the factory. and a factory "spends" the funds by sending 5% to the wheel robot(which then sees funds arrive and starts making wheels), 60% to the engine robot (which then sees funds arrive and starts making the engine)
etc etc .. and a car is build simply by seeing 'transactions' arrive at a certain address.

the taint of the coins then lets the factory know which dealership to deliver to.
the taint of the coins then lets the dealership know which customer to automatically SMS/email that the car is on its way.

IoT devices would make great full nodes seeing that they are always online. Maybe some vendor could make something similar to the antrouter that combines a bitcoin miner and a router. Combine a refrigerator and a full node. It would help decentralize the network.  :D :D :D :D :D :D :D :D :D

dont expect IBM(smart fridge) to implement it with bitcoin. hyperledgers is their desire

Probably any kind of prepaid electric meter where we can store some bitcoins and it get will auto debited as per our consumption of the electricity. Same thing about water and kitchen gas. It would be great to live in such house where there will no postpaid expenditure at all.

most things these days are prepaid.

move into a house deposit and 2 months upfront
phone/internet subscriptions. pay upfront for subscriptions.. but the calls / over the limit data allowance moves to following month.

down side of NO postpaid.. is if you run out of funds to cant use it. because they wont send you a bill after use, they just deny service

this is where in england the poor are put on prepaid electric meters. if they run out of money the electric switches off. they either use the 'emergency credit' (extra cost) or some end up selling their stuff to pawn brokers to get the electricity going until payday(incurring costs buying back their stuff after payday).

That means a connected furniture would only make sense if there is a display which could offer more services. In that you could start integrate Blockchain / Bitcoin. Any use case?

IBM ADEPT
https://youtu.be/U1XOPIqyP7A?t=2m44s

This is a common idea nowadays : people want to put Bitcoin everywhere, in every single thing that exist. People can do whatever they want but I do not think that this is very important. Bitcoin in its current form is for me close to perfect, and maybe, I say maybe, because I have no clear opinion on this hot topic, the only issue would be a too little blocksize.

Thats nice, thanks!

I understand why to connect to the internet the washing machine, fridge, coffee Maschine etc. but do you see any reason why to connect furniture to the internet?

Smart, i would love to get a fridge like this.
So then you directly go to the supermarket and it's ready for you. Or even better if it could be delivered at home. If you think about seniors and people with a handicap, it could be very usefull and some of them will save money instead paying a help giver for exemple. I wonder why it doesn't exist already, even without bitcoin. It shall not be difficult to invent for an experienced man in this field. Maybe using a Raspberry inside and a screen to scan the barcode, a SD to store a system informations ect.

Edit: wtf smart fridge exists already, i am backward

yep, i have been hearing about smart fridges from like 2005

back then it was not the IoT
it was just deemed "connected living"

To use Blockchain as technology in your business you have to organize difference kind of business, not furniture. With your furniture business I can suggest you only to start to accept bitcoins as payment to involve it in the bitcoin world. That would be easy to manage and I hope that will move your business on the higher level. Good luck!

The first one i found is a Samsung for 6000$. Defenitly not for me right now ::) I can buy maybe 20 fridges here with this

Do you mean as in like a form of payment for purchasing it or like as integrated in some why into the furniture ?

yeah, I mean integrated in the furniture...Bitcoin or in general Blockchain

im guessing english is not your first language, to which i do not disrespect. i travel the world and speak to many cultures and always humbled by such.

but i have to ask.
you keep mentioning the word "furniture"

do you mean like a sofa or table in someones home.
do you mean like a sofa or table manufacturer building such furniture
do you mean like a electronic household furnishings such as TV, room heaters, window blinds, fridges.

please give an example of what you are specifically asking for. EG pick a piece of furniture. or what you mean by the furniture. using it, making it..

Do you mean buying online furnitures with bitcoins?
If you want to integrate Blockchain in furniture its possible.

You may want to read this. http://blockchain-finance.com/2017/01/23/nova-lifestyle-partnership-brings-blockchain-to-furniture-market/ (http://blockchain-finance.com/2017/01/23/nova-lifestyle-partnership-brings-blockchain-to-furniture-market/)

This company is distributor of furnitures and want to incorporate blockchain technology in their business.

Even in that case, I think prepaid is the economic way of billing on a client side because it prohibits the term 'unlimited' usage and thus billing too and helps us to keep expenditure in our control. The extra cost usually occurs when our calculations go wrong but that's one in ten (or twenty) cases so on a macro level, it's a beneficial thing.

One innovative solutions would be to use bitcoin connected with furniture like sofa/chair. When user will pay a defined amount then only the user will be allowed to seat otherwise it will stay in folded condition. This type of sofa could be used in public gathering like bus stop where user could pay and sit just like pay and use toilets. And from then the owner could make some profit.

You mean BTC miners in your refrigerator or light bulb? Didnt 21INC. try to build some miners like it and failed royally? They raised 100 million dollars from investors who were so happy to give their money away thinking that it was possible. IoT doesnt need a blockchain or BTC make it work. Its like building a perpetual motion machine or the search for the unicorn.

How about pay and use toilet in big cities instead of accepting physical coins it would be better for digital transaction because people don't keep change at the time with them so instead just scan the code to pay and when the transaction would be completed then door week automatically open and let 1 person enter at a time so it would completely remote system for coining generation.○

Bitmain made one too, the R1,  a router with a bitcoin mining chip in it that can get 5.5GH/s. I don't really see a future in those devices except for solo mining, but then you might as well rent some hash for way cheaper...

I didnt know that one. Does anybody know what happened to 21INC. and what theyre doing these days? Are they still making the Bitcoin computer they have been wildly talking about years ago? Those could be good collector's items for a cryptocurrency museum someday.

I mean the first one...sofa or table

Nice thanks!!!

Why would it be more convenient for the user to pay with a digital currency and why would it be also more profitable for the company to use a digital currency as a payment method?

before even asking about the need of blockchain needed in a table of chair. you have to ask about any currency
why need to put fiat into a table or sofa
why need to put gold into a table or sofa.

the idea's i have come up with

table.
at a restaurant you fund your restaurant table with funds (like a bartab). that table is reserved for you. the waiters know you can pay the bill and you can just move funds across when you order specific items. thus no issue about not paying your bill or embarrassment of card decline when on a date.

sofa.. hmm.. lets instead choose movie/orchestra/music venue chairs. buying a ticket puts funds into the seat. thus unlocking a physical electronic padlock that releases the chairs vertical position for you to unfold it and sit in it.

ok lets look at sofa.
imagine sofa's only last for 10 years of sitting on before people ware them out rubing their ass into the chair to need to replace it. or imagine for health and fitness you want to penalise yourself for sitting on a sofa too long.
each hour on the sofa costs a few pennies. which over 10 years adds up to cover the cost of a new sofa. (self funding/saving up).
it also makes those trying to stay fit to remind themselves to do exercise if it starts costing them something to sitdown for an hour.

sounds good but why should that not possible with traditional payment systems like credit card, PayPal etc.?

paying 10cents on visa to sit on sofa for an hour costs you 50cents in fee's.
paying 10cents on paypal  to sit on sofa for an hour costs you 30cents +3% in fee's.

note the way bitcoin core devs are loving the fee war. bitcoin is currently having the same drawbacks.
core next want to introduce commercial services(LN hubs) to lock funds into permissioned contracts with confirmation maturity (3-5 day rspend delays) and revoke codes (chargebacks)..... (facepalm)

core devs caused the fee war just to escalate the need for permissioned contracts, knowing LN hops will be expensive so people end up using commercial LN hubs

there we go
a more practical use of needing to pay into a sofa.
i found it hard to think of a real reason to need to pay a sofa in your own home, i was more thinking about the concept of 'saving up' the pennies to replace the sofa after a decade of ware and tear more so than the exercise idea.

im sure there are many commercial needs to paying into a chair.. like the movie/music venue seat reservation idea.


where as the in home "the internet of things" or "connected living" is more about the electrical gadgets around the home, rather than the fabric based 'furniture'.
like instead of just turning your heating on. you trigger the heating by paying X to get Y amount of heat for z hours.
or your fridge connects to your favourite online grocer to automatically send a shopping list and request for delivery based on the items you have used

Yeah, I couldn't really connect IOT with tables or sofas especially for your home.

If it were in a public setting, those massage chairs are familiar. I see some at the mall, for tired shoppers who's got aching backs or feet. You slip in a dollar bill and could get your back or feet massaged for about 15 mins.  ;D Just a quick relaxation and relieving some tension.

For homes, it should be gadgets, metered heat, water, electricity, etc.