How Travellers Can Benefit From Blockchain
Airlines and travel enterprises continue to spend billions of dollars to gather payments while losing over a billion a year to credit card fraud. CoinTelegraph talked to blockchain modernizers about the application of a “frictionless” loyalty ecosystem. The key payment and fraud-related topics will also be discussed at the 10th annual Airline & Travel Payments Summit (ATPS), co-hosted with UATP. This event will take place in Barcelona on April 26-27 and will offer three conference tracks: Payments Track, Fraud Track, Travel Agency & OTA Track. Gregory Simon, CEO and co-founder at....
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The increasing bitcoin adoption in Taiwan is turning it into a Bitcoin tourist destination, attracting tech-nomads and Bitcoin community members. The adoption of Bitcoin can happen in the unlikeliest of places. Taiwan is one such place where the growth of digital currency has taken outsiders by surprise. Being a truly global currency, there are no borders preventing the usage of digital currency across boundaries. The decentralized nature of Bitcoin also makes it impossible for the governments to directly interfere with the transactions. This very nature of bitcoin also makes it a favored....
Nick Tomaino is on the business development team at Coinbase, and is also a first-year business school student at the Yale School of Management. Prior to that, he worked in venture capital, most recently for Softbank Capital. Bitcoin is an open payment network that anyone in the world with an Internet connection can use. The open, global nature of bitcoin has tremendous advantages over existing financial infrastructure for international travellers. These advantages became clear to me during a recent trip to South America. Below are some of the problems that international travellers....
A Holiday Inn hotel in Brooklyn, New York, is to start accepting bitcoin payments in a pilot programme later this week. The announcement was made by bitcoin entrepreneur Charlie Shrem at the inaugural Bitcoin Fair - a weekly digital currency-friendly pushcart market in New York City - who added that he would be in charge of the scheme. Travellers' hotspot. In a brief chat with NewsBTC, Shrem said the Park Slope Holiday Inn Express, located on Union Street in Brooklyn, is a good choice for bitcoin, attracting as it does a large number of foreign travellers. Bitcoin reservations will be....
PRESS RELEASE. The World Tourism Forum Institute’s (WTFI) centrepiece, the Global Tourism Forum, or GTF, is a worldwide collaborative platform focused on tackling the tourism industry’s difficulties. WTFI wants to be at the forefront of this change by giving new alternatives to an emerging generation of travellers, Gen Z and Gen Alpha, with a different kind of method to purchase travel-related opportunities with the blockchain revolution through this event. As such, the partnership between Ariva, WTFI, and GTF is now firmly solidified. The collaboration’s primary focus....
Developers, bankers, regulators, investors, businessmen, thought leaders and visionaries from around the globe descended on New York for a three-day event to discuss what has taken the world by storm, blockchain technology and its applications. Consensus 2016, the biggest event since blockchain was invented seven years ago, set the theme with a general feeling that blockchain is not only real, but that something big is happening as expressed by Larry Summers, former treasury secretary and keynote speaker: I think this whole sphere is ripe for huge opportunity… We have over the last....