Brisbane Airport to Launch In-Terminal Cryptocurrency Payments

Australia's Brisbane Airport terminal has announced it'll unveil cryptocurrency payments inside the terminal shopping areas.

The brand new payment system, supplied by cryptocurrency travel firm TravelbyBit, will enable vacationers to make use of bitcoin, ethereum, dash along with other digital currencies to look and dine at various stores and restaurants across each of Brisbane's air terminals, an announcement states.

Roel Hellemons, Brisbane Airport terminal Corporation's (BAC) gm of proper planning and development, stated the airport terminal may be the first worldwide to include cryptocurrency payments. The move, he stated, "is sensible" because many those who have committed to cryptocurrencies travel worldwide.

He continued:

"This is just the beginning for us as we hope to expand the digital currency option across the business."

Based on TravelbyBit Chief executive officer Caleb Yeoh, the payment system presents a "genuine use situation for cryptocurrencies" in the area of tourism.

"At TravelbyBit we're promoting the bitcoin travel movement. Digital currency for world-wide travel. It’s simple, safe and there isn’t any bank charges," Yeoh added.

Using cryptocurrencies to improve tourism and related services is one thing that global politicians have more and more being investigating.

In November, the mind of Russia’s Federal Agency for Tourism predicted that blockchain technology will transform the nation's tourism industry.

"We're absolutely convinced within our federal agency that blockchain will seriously alter the tourism market, although, within our opinion, it has happened to not in 2 years however in 5-ten years," stated Oleg Safonov at that time.

Within the U.S., legislators in Hawaii have pressed in order to obtain a functional group focused on blockchain technology, having a concentrate on tourism payments.