• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    bitcoin wallet

    Bitcoin-wallet.org – How to Create a Cold Bitcoin Wallet (Offline)?

    forex

    Pros and Cons of Trading Bitcoin on the Forex Market

    bitcoin price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in February 2021

    bitcoin price

    Bitcoin (BTC) Price Prediction 2021: Market Analysis and Developments

    Bitcoin price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in January 2021

    developer

    Best Blockchain Jobs in 2021 and You Are NOT a Developer

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Australia Sees a Solution in Cryptocurrency to Promote Tourism

Adriana M. by Adriana M.
August 2, 2018
in Altcoin News, Bitcoin News, Ethereum, Latest News, Litecoin

Cryptocurrency is seen as a lifeline for both individuals and governments. Queensland Government will offer a grant of more than $ 8.3 million of innovation funding to develop tourism in the Australian province.

It’s delightful to see governments choose to integrate blockchain-based solutions in order to make progress. The announcement published on 1 August via Queensland Government indicates that a new crypto payment platform dubbed TravelbyBit will support tourism development in Australian province after the project has become one of the 70 businesses to won a grant from Advance Queensland Ignite Ideas funding.

TravelbyBit will track the growth in the number of tourists traveling to Central Queensland by offering them the opportunity to pay with cryptocurrencies. Furthermore, the project intends to create more jobs as well.

Innovation Minister Kate Jones said:

“TravelbyBit has devised a clever way to make it easier for visitors to our state to pay for their purchases with a growing number of local businesses accepting cryptocurrency payments… I understand TravelbyBit is specifically targeting places like Bundaberg (along the Great Barrier Reef) – using cryptocurrency to make it easier for tourists to book holidays.”

Caleb Yeoh, Co-Founder and Chief Executive Officer of TravelbyBit, revealed that his company has teamed up with Brisbane Airport Corporation to release the “world’s first digital currency friendly airport” and has already established a blockchain-powered point-of-sale scheme in several tourist destinations. As reported by Yeoh, tourists can now use Bitcoin (BTC), Litecoin (LTC), Dash (DASH), Ethereum (ETH), NEM (XEM) to pay for new services, while Binance Coin (BNB) will be soon added.

“We have more than 150 merchants across Australia using our system and this funding, to develop a purpose-built platform that will accept digital currencies from anywhere in the world, will allow us to add jobs not only directly to our team but also across the broader tourism industry,” declared Yeoh.

Australia is not the first country to see in cryptocurrency a solution to promote tourism. In Q1 of 2018, the German National Tourist Board (GNTB) revealed that it accepts Bitcoin (BTC) and altcoins as payments for its services.

Tags: Binance CoinBitcoin (BTC)BlockchainBNBCryptocurrencyDASH (DASH)Ethereum (ETH)Litecoin (LTC)NEM (XEM)QueenslandtourismTravelbyBit
Previous Post

Kim Kardashian Receives Bitcoin and Uses it to Raise Stakes at Charity Poker Event

Next Post

Overstock to Provide Zambia a Blockchain Land Governance Program

Adriana M.

Adriana M.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

price prediction

Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

by Anca F.
May 28, 2020

We will be reviewing some of the historical price trends and market opinions so that we can formulate a price...

mining

Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

by Ionela C.
May 21, 2020

As bitcoin adoption soars during the global crisis, miners are needed. Here’s how you can cash in on crypto while...

teenager

In One Day A 15 Years Old Teenager Earned 0.7 BTC!

by Ionela C.
May 14, 2020

In the USA (Miami, Florida), a 15 years old teenager earned 0.7 BTC in one day. The teen’s name is...

Bitcoin wallet

BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

by Ionela C.
April 24, 2020

BitcoinOfficial.org - the official Bitcoin wallet that complies with the principles laid down by the creator of the Bitcoin network...

Polehin

Polehin.com: The First Cryptowallet Available on Apple Watch

by Ionela C.
March 17, 2020

There are a myriad of Bitcoin wallets on the market, so the competition is harsh. The quickly developing Polehin.com app,...

Bitcoin price

What Drives Bitcoin Price?

by Ionela C.
January 29, 2020

Bitcoin (BTC) is the most known and oldest cryptocurrency in the world. Countless people from all around the world want...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

bitcoin wallet

Bitcoin-wallet.org – How to Create a Cold Bitcoin Wallet (Offline)?

February 15, 2021
forex

Pros and Cons of Trading Bitcoin on the Forex Market

February 10, 2021
bitcoin price prediction

Bitcoin, Ethereum, and Ripple Price Prediction in February 2021

February 7, 2021
bitcoin price

Bitcoin (BTC) Price Prediction 2021: Market Analysis and Developments

January 20, 2021
  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.