The use of cryptocurrencies - such as Bitcoin - is on the rise, as is the use of blockchain in travel tech. Recognizing this, hospitality and technology group Zoomaway announced
that it will use both in upcoming strategies.
In a press release, the company says that "blockchain technologies" will be implemented into its existing platforms in the coming months. At least five different providers will be
available through Zoomaway, so that the company can begin accepting Bitcoin and other cryptocurrencies as payment.
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"As we continue to grow our blockchain strategies, we are continuously looking for ways to improve our customers experience and to modernize the hospitality industry wherever possible," says Sean Schaeffer, CEO of Zoomaway Travel Inc.
Currently, while there's a consensus on what blockchain does, there's a lack of consensus as to what, precisely, blockchain can do, and what its limitations are for travel and hospitality. For Zoomaway's purposes, its technologies will allow for the company
to seamlessly accept cryptocurrencies.
"We are always striving to make our processes better and easier to use, and providing more payment options to our customers will hopefully help us increase sales and trim costs that we associated with older payment technologies," says Schaeffer.