The global economy is becoming increasingly digital, and it is no wonder that cryptocurrencies and Blockchain technology are beginning to have an impact on the travel industry. Many travel agencies already accept Bitcoin (BTC) and other digital currencies as payment, and some even offer discounts to customers who pay in cryptocurrency. Here is a list of popular travel booking platforms that accept BTC as well as adopt Blockchain technology.
1INCH Network will bring cryptocurrency payments to the travel industry
Decentralized exchange aggregator 1inch Network announced a partnership with travel booking platform Travala.com on Thursday, which will allow users to pay for their hotel reservations with cryptocurrency. Travala.com users can now use their favorite token to buy millions of products thanks to this collaboration. This decision is expected to boost the adoption of cryptocurrencies and encourage innovation in the travel sector.
The integration with Travala.com will allow 1INCH token holders to book more than 2.2 million hotels and residences, more than 600 airlines and more than 400,000 activities in 230 countries. This is a big step for 1INCH Network, which will now be able to offer its services to a larger number of users.
Travala.com cryptocurrency adoption, accepting payments in over 50 different cryptocurrencies, including BTC, Ether (ETH), Tether (USDT), Shiba Inu (SHIB), and now 1INCH.
TravelX raises $10 million to create a blockchain-based travel distribution protocol
TravelX, a startup, recently received $10 million in seed funding to create a blockchain-based travel distribution network. Juan Pablo Lafosse, former CEO and creator of Almundo, launched this Miami-based company last year, and believes that Blockchain technology will provide companies with additional distribution alternatives, as well as help them manage inventory more effectively. in various situations.
Alternative Airlines partners accept payments in cryptocurrency
As Cointelegraph reported, Alternative Airlines, a UK-based travel company, has partnered with cryptocurrency service Utrust to facilitate cryptocurrency payments.
Alternative Airlines became the first travel industry business to partner with Utrust on November 13, when it announced a new relationship with the Swiss-based digital payment processor. Customers can book flights using cryptocurrencies such as BTC, ETH, Dash (DASH), DigiByte (DGB), and Utrust’s native token, UTK.
On its website and mobile applications, Destinia, a well-known hotel and flight reservation service founded in 2001 by Ian Webber and Amuda Goueli, offers discounts to BTC users.
The Spain-based company has been an early adopter of cryptocurrency payments. In 2014, Destinia.com became the first online travel agency in the Middle East to accept payments in BTC. With the integration of Bitcoin, the cryptocurrency quickly became one of the most popular payment options offered by the company, with transaction volumes rivaling PayPal payments.
Bonus: Bitcoin Beach
On the outskirts of the capital of El Salvador, an hour from the city, is a village called El Zonte. Warm waters and a fantastic break point attract surfers from all over the world, but it’s easy to spot a different kind of traveler on El Zonte’s winding dirt streets.
The town of El Zonte allows residents and visitors to use BTC to pay for anything from utilities to tacos, thanks to the innovation of a local business. The Bitcoin Beach initiative, according to our reporter Joe Hall, preceded the adoption of BTC as legal tender in El Salvador, first announced by President Nayib Buekele during the Bitcoin 2021 conference and subsequently enacted in September 2021.
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