How to upgrade your vending machine with cashless payment systems is the topic of Dr. Christoph Budelmann’s latest article in the Vending Management magazine. Many customers are curious about the integration of cashless payment systems into their vending machines. However, there is no general solution since there are various existing standards and systems. Almost always electronics and software have to be altered to realize cashless payment.
Dr. Christoph Budelmann, founder and managing director of Budelmann Elektronik GmbH, has been appointed as a member to the industry and research committee of the Conference of German Chambers of Trade and Industry (DIHK) for the next four years as of March 2017. Committee members carry their local Chambers’ matters into the Conference of German Chambers and represent the economy’s interests across different branches and company sizes. The committees advise and inform the DIHK and are comprised of entrepreneurs and company representatives as well as Chamber employees.
The Red Sofa is a stage for events and central information and communication platform and attracts visitors with various practical demonstrations, presentations and panel discussions concerning market-relevant issues.
In his current column for the Vending Management magazine Dr. Christoph Budelmann talks about the possibilities of the smart cross-linking of vending machines. Best known because of concepts such as “Smart Home” or “Smart Factory”, the term “smart” represents a device (e. g. a washing machine) communicating with a mobile device (e. g. smart phone). Transferred to vending, this means that a vending machine can be controlled by a smart phone and give feedback in order to inform its operator about the functioning of its features.
Within the scope of the Embedded World Conference, Managing Director Christoph Budelmann talks about “Bringing IoT into Harsh Environments: Security and Reliability with Optical power and Data Transmission for Ultra-Low Power Sensor Nodes”. His presentation on March 14 provides information on the development of low-cost sensor nodes which are powered by optical fibers and exchange data. The new approach is based on low energy circuits as well as energy harvesting principles.
