Cryptocurrency

TravelbyBit, Backed By Binance, Introduces Beta App, Which Allows Payments For Flight And Hotel Bookings In Cryptocurrency!

TravelByBit, an organization that empowers its clients to book flights and hotels through cryptocurrencies, has introduced the beta version of its application.

TravelbyBit beta application is presently live. Moreover, it enables the customers to book flights and hotels with BTC (Bitcoin), LTC (Litecoin), and BNB (Binance Coin). This platform is controlled by Binance Chain and is intended to empower its clients to travel around the world, utilizing crypto with a system that covers more than one million hotels and flights.

In a recent tweet,

The alliance between the two firms was first reported last 2018 October, after Binance has invested $2.5 million in the Australian startup to help scale up activities and make more employment in Queensland. In a recent report, Binance and TravelbyBit expected to present a worldwide POS (Point-of-sale) payment framework by bringing blockchain technology into significant airports worldwide.

Clients from the Binance Chain backed platform would now be able to utilize BTC (Bitcoin), LTC (Litecoin), and BNB (Binance Coin) to book more than 1 million Hotels and flights. TravelbyBit is the organization behind Brisbane Airport’s conversion into the world’s first digital currency ready airport.

Moreover, through this alliance, Binance and TravelbyBit plan to manufacture a global POS payment framework that joins blockchain technology into significant airports around the globe. TravelbyBit has stepped up to take the initiative to interface with various travels and the travel industry related organizations to Cryptocurrency and blockchain technology.

TravelbyBit was established in 2017 and is an advanced digital currency platform for tourism and the travel industry. Earlier, TravelbyBit partnered with Brisbane Airport to introduce the world’s first digital currency airport. Recently, it was granted an award by the government of Australian province of Queensland.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.
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