With Bitcoin, Ethereum, Litecoin and Binance Coin at airports worldwide to pay for
Home News With Bitcoin, Ethereum, Litecoin and Binance Coin at airports worldwide to pay for
Marcel Knobloch –
The adaptation of crypto currencies is significantly strengthen the responsibility of the trust in the new technology and digital currencies in General. The crypto currency stock exchange Binance works with TravelbyBit, in order to allow payments in crypto-currencies at airports around the world.
The CEO of Binance, Changpeng Zhao, announced yesterday that Binance wants to increase cooperation with the Blockchain-payment service provider TravelbyBit the spread of crypto-currencies. The goal is at all airport in the world, Point-of-Sale System (POS) which accept the digital currencies.
So flight tickets should be paid, but also ordinary Goods in the Shops. For the time being, the POS Bitcoin, Ethereum, Litecoin and Binance be used to support Coin. Zhao argues that the airport, are perfect for this, the adaptation of Kryptos advance (freely translated):
We start with the airports and go from there … Real, on-the-spot, […] is the key to further crypto Adoption. In this light, there is nothing like being able to use your crypto on travel, shortly after you land in a foreign country, where you may have the local currency.
TravelbyBit in Australia already have a strong dealer network, the payment with crypto-currencies. The participating dealer will be able to choose whether you want to keep the received payments to the lessor. in Bitcoin and co. or whether it should be immediately in the local currency converted. CEO Caleb Yeoh describes the benefits as follows (freely translated):
Imagine that you are traveling with a multi-country and just need a single currency. We work with the most innovative airports, and retailers who want to offer their customers non-traditional payment options and the opportunity to experience cutting-edge technology.
Since the government of Queensland have great potential in TravelbyBit and whose positive support has identified opportunities for tourism, the company received a grant in the amount of $ 100,000, so that the technology and the project further developed and its Services can be expanded. Here, the Region is shown clearly as a crypto-friendly and innovative in comparison to other Parts of the world (freely translated):
TravelbyBit has developed a clever method to make it easier for visitors to our state to pay for their purchases, as more and more local businesses, the crypto-currency can accept payments.
We are impressed by the openness and the innovation awareness and hope that we will see more cases like this in a timely manner in other countries.