In 2011, engineers at John Deere were putting bitcoin wallets on tractors and implements (seeders and fertilizers), and every spin of the axel created a message on the controller area network (CAN bus), after which a small amount of bitcoin transferred to the implement’s wallet. The process of creating what was effectively a new payment system horrified the company’s internal accountants, but the fact that bitcoin had no apparent monetary value at the time somewhat assuaged their worries.
Read Full Article »
