Bitcoin Being Increasingly Used by Tourists
Biometric authentication company NXT-ID has observed that Bitcoin is now being increasingly used as a standard currency more often, especially by tourists. Many instead of converting Euros choose to bring Bitcoin. Although it could be a late fad, but Bitcoin being acceptable at restaurants, amusement parks and gift shops prove one point, and that is that the market for this remains insatiable and secure digital Wocket® indeed will help a consumer make safe choices. It was recently reported that interest in Bitcoin has evened out and blockchain is emerging as the main attraction among the....
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Many countries struggle to attract tourists and those that do manage to get a steady inflow of visitors, often find that they tend to congregate at major attractions leaving a lot of places that are visit worthy untouched. In some countries which have recently put in newer landmarks such as Dubai, the problem of tourists not getting the full feel of the place is even more so the case. Tourists may want to see the 160 storey Burj Khalifa, the Palm Islands or the Burj Al Arab but they might miss the lesser known cultural or historical sights in Dubai. States and territories might want to....
Thailand has the right mix of ingredients for Bitcoin to succeed – a large number of foreign tourists, inflows of multiple foreign currencies and tech-friendly banks. What is the catalyst required for Bitcoin to succeed in Thailand? High dependence on tourism. Thailand is a tourist-friendly nation and tourism contributes to over 19% (directly and indirectly) of the country's annual GDP. Over 25 million tourists visit Thailand every year, spending in excess of USD 40 Bn in the country. Tourism and travel account for 6% of the country's direct employment and a significant portion of the....
Thailand has recently announced plans to introduce a novel initiative that would allow international tourists to spend cryptocurrencies through credit card-linked payment systems. The ambitious move, announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira at an investment seminar in Bangkok, is part of the country’s broader efforts to integrate digital assets into its […]
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology to avoid unnecessary and often confusing cash exchange transactions in the region, where there are multiple dollar exchange rates. Bitso Launches QR Payment Service for Travelers Bitso, one of the leading cryptocurrency exchanges in Latam, has launched a QR-based payments service that aims to allow....
PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. Africa’s largest online tour operators, MoAfrika, offers tourists from around the world the opportunity to travel the length and width of the gorgeous African continent by making use of its unique tour offering, now with an added advantage. MoAfrika now supports payment in Bitcoin so tourists,....