The management of Brisbane Airport Corporation declares its desire to introduce cryptocurrency support in the terminals of shops and restaurants to pay for goods and services in the near future.
To achieve this goal, the airport entered into an agreement with local startup TravelbyBit. In the near future, travelers will be able to use the TravelbyBit cryptocurrency payment system, including Bitcoin, Dash, Ethereum and other digital currencies, to pay for their meals or purchases. Participating stores and restaurants include Botanist, Spoon, Windmill & Co. and Forte Espresso, as well as nine awpl stores, Merino collection, Carry On, Dreamtime Journey in both the international and domestic terminals.
Brisbane Airport (BAC) general manager of strategic planning and development Roel Hellmons said: “With many people around the world making money by investing in cryptocurrencies, and many of them traveling internationally, it makes sense to bring a digital currency experience to our terminals as well. We are also proud to be the first airport in the world to adopt cutting-edge technology, partnering with a local early-stage startup such as TravelbyBit, whose innovative thinking is turning heads. Brisbane as a serious environment for innovative thinking."
TravelbyBit CEO Caleb Yeo said: “We are building a true use case for cryptocurrencies in the travel industry. The use of digital currencies in this sector makes a lot of sense. Whenever you travel abroad, you have to deal with multiple currencies, and you never know which currency rates you will encounter. Here at TravelbyBit we use new technologies for bitcoin payments. Digital currency for travel around the world. It's easy, secure, and there are no bank fees."
According to www.moodiedavittreport.com
You May Also Like
Study: China threatens Bitcoin network
According to a new report published by researchers from Princeton and Miami universities, China is a potential threat to the Bitcoin network as the majority of mining operations are located in a country whose government is an enemy of the world's first digital asset.
Bitcoin is Dutch tulips! Or not?
Many cryptocurrency haters like to use the analogy of “Dutch tulips” as a typical argument against Bitcoin. But more often than not, they can rarely, on the one hand, explain why these events are similar, and on the other hand, tell what “Dutch tulips” are, getting confused in definitions and historical facts. Let's try to understand the issue in more detail and find out what these two phenomena have in common.
