Traveling is a good way to relax, learn and discover something new, even though the process can bring some inconveniences as almost every country has its own currency. The latest travel industry’s news is all about the consideration of using Bitcoin in travel, as it is easy and relatively safe to use, it can be converted into any existing fiat currency and even large amounts of digital money will not be taxed while crossing the border, as it is always kept in one virtual wallet without the need to withdrawal. Anyway, there are many Bitcoin ATMs in various regions, so there is no need to exchange money twice. Nevertheless, traveling with Bitcoin is currently not quite possible, as not all shops and organizations accept it and, in some countries, cryptocurrency is not regulated or allowed to be used.
Blockchain-based digital passports containing a traveler’s COVID-19 testing and vaccination status will begin pilots in the next month.
Blockchain-based COVID-19 passports to begin trials in Q1
Meanwhile, crypto firms are genuinely trying to revive the badly-hit travel sector using distributed-ledger technology.
Airbnb plays blockchain buzz-word bingo in $1B IPO filing with SEC
“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.”
Travelers can now get US passports in as little as 4 weeks with Bitcoin
One aircraft comes at a cost of roughly 3,750 Bitcoin.
Whales can now use Bitcoin to purchase private jets
“Avoid Bitcoin like the plague.”
‘I would never invest one cent in Bitcoin,’ says Ryanair CEO
The firm plans to become a fully decentralized online travel agency.
Crypto Travel Agency Travala to Use Binance Chain for Decentralized Services
Crypto adoption appears to be unstoppable in the tourism sector.
Crypto Travel Company Adds VeChain Token as a Payment Method