World Travel Giant To Accept bitcoin
While all eyes have been on as of late, has continued to chug along, slowly but surely. According to a published by the Associated Press, Corporate Traveller, a leading travel agency in the U.K., has teamed up with the Atlanta-based BitPay to accept () and other digital assets through its service. As Corporate Traveller’s U.K. General Manager explains:
We identified an increasing demand from our clients for the option to pay in for business travel bookings made by our travel consultants… The industry is growing exponentially and we are excited to be able to offer our clients the ability to pay in , whilst having the reassurance of our settlement from BitPay being in pounds sterling.
It isn’t clear if this payment option will garner monumental levels of traction at current, but BitPay’s Sonny Singh is optimistic that and the assets based on that technology will be a large part of the travel industry moving forward.
This marks BitPay’s second large partnership in the matter of a month. Late March, the services provider revealed that it had teamed up with Avnet, an American Fortune 500 electronic component distributor, to accept and BCH.
Adoption Swelling Across The Globe
Corporate Traveller’s sudden acceptance of only cements the growing themes of in the cryptoeconomy today. As by World News on a previous date,
Just recently, reports arose that Kazuhiro Tokita, the president of the FSA-regulated exchange DeCurret, unveiled a system that would allow for consumers that hold a Suica card, which is used on East Railway Company’s (JR East) metro and shinkansen systems, to top up their balance with digital assets. This is currently just a prototype/proof of concept, with JR East only considering the implementation.
But with millions of Japanese citizens actively utilizing JR East’s services as a way to get across their city, prefecture, and nation, many bulls and similar pundits are rooting for this move. It isn’t clear what the shinkansen operator will accept, if at all, but DeCurret itself is expected to support for , , XRP, and Cash out of the gate, with to be added down the line.
This is far from the only sign of in . In the nation, technology giant plans to launch its by June 2019, technology Bic Camera accepts , and giant Mizhuo will be launching a digital asset called in time for the 2020 Olympics.
It is important to note, however, that hasn’t only been confined to Britain, the United States, and — three of the world’s largest industry hubs.
In Canada, a small town, Innisfil, revealed that its government, with the Toronto-based firm Coinberry as its partner, would be accepting as a way for locals to fulfill their property tax dues. As of the time of writing, residents of the town will see a crypto payment portal from Coinberry, a -centric startup, that will allow for property taxes to be paid first in . Support for , , Cash, and ’s XRP could be added in the feature, as long as this pilot sees some semblance of success.
It is clear that widespread is rapidly approaching, but who or what will pick up next?
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Published at Tue, 16 Apr 2019 04:05:25 +0000
