The HBAR Foundation has officially announced its collaboration with Travala, the leading cryptocurrency-friendly travel agency. This is an important step in their quest to help innovators create on Hedera and with HBAR.
For travel bookings, Travala has incorporated Hedera’s HBAR token. HBAR can now be used to reserve from a selection of over 600 airlines, 2.2 million hotels and homes, as well as 40,000 activities in over 230 countries.
In recent years, there’s been an increase in the number of remote workers around the world. The term “digital nomad” refers to workers who do not have a workplace to which they are tied. It is approximated that 16 percent of these digital nomads possess crypto assets, which have a combined financial value of $787 billion annually.
Much more noteworthy is the rise of the ‘distributed workforce,’ or a working population that extends further than the confines of a typical office. Distributed businesses perform operational processes with geographically diverse staff by implementing key technologies. As more businesses adopt this framework, a bigger proportion of the working population will be eligible to function and conduct business from wherever. Travala offers good service in this location.
HBAR as a payment option on Travala is among the greatest examples of the Hedera network’s benefits – consistently minimal costs and speed of operation. In practice, this implies that visitors can book experiences with trust, knowing that the cost they see is the price they charge.
Hedera is an enterprise-grade network that is ideal for a platform like Travala that requires high throughput and scalability. Travala understands that in a competitive market, consistently fast transactions lead to a positive user experience. Hedera is the ideal candidate for this task.
Travala, established by travel, fintech, and blockchain industry leaders, seeks to bring transparency, innovative thinking, and safety to the travel industry while adhering to the ideology of decentralized technology.
Customers are attracted to the cryptos with the least transaction cost across Travala. HBAR offers users a safe, effective, and quick payment system with near-instantaneous finality. As a result, Hedera is an appealing option for Travala customers both within and outside the Hedera community.
Travala is particularly excited to join HBAR as they keep expanding their network of crypto accessibility, as is Hedera, one of the quickest and also most energy-efficient networks. With their transaction speeds for bookings, HBAR is speeding up the payment process, resulting in a better customer experience and journey for travellers.
As time goes on, they hope that the HBAR payment utility’s low cost, speed, security, and efficiency will enable it to be the preferred crypto payment method for Travala’s numerous thousands of users.
Travala.com, which was founded in 2017 and is now supported by industry giant Binance, is the leading cryptocurrency-friendly online travel service. Travala.com is a cryptocurrency adoption champion, accepting over fifty leading cryptocurrencies as well as traditional payment methods. Travala.com’s value proposition is enhanced by AVA, the platform’s native cryptocurrency. Among other things, the AVA token can be used to make payments, receive loyalty rewards, and acquire discounts and bonuses. Smart users on Travala.com can experience discounted rates and loyalty rewards for qualified bookings made on the platform, in addition to affordable pricing via its Best Price Guarantee.