Category Archives: Darwin

Auto Added by WPeMatico

Popular Crypto Travel Company Gets Boost from Queensland Government

Australian crypto travel company TravelbyBit has just been awarded a grant from the Queensland state government of AUD 100,000.

The company has a hand in numerous projects throughout Australia’s travel and tourism industry as becoming well known across the nation for the supportive role it has taken in promoting using digital currency for travel.

TravelbyBit CEO Caleb Yeoh said it was early days for crypto, and that there was strong support for it as a “social movement”. The company currently supports many new crypto enterprises in the hospitality industry including the new crypto project with Queensland’s International Airport retailers, which is off to a slow start with just a handful of transactions in the airport each day so far, worth between USD 5 and USD 55.

No project is too small for the company as it designs tourist routes within Australia and offers selected providers with their own TravelbyBit digital currency payment platform. The company allows customers to pay in a digital currency of their choice.

Queensland Innovation minister Kate Jones commented on the importance of Australia’s tourism industry both at State and Federal levels:

“Tourism is one of Queensland’s most important industries… 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.”

The crypto travel specialist is one of 70 companies that are to receive the state government s grant of AUS 8.3 million and hopes that the funds that TravelbyBit receive will help them to scale up its current operations.

Yeoh says that now 150 merchants across the country have tapped into Bitcoin payments through his company and says he is now targeting a different type of traveler:

“With this next phase of technology, we are targeting a different brand of tourist – the tech-savvy travellers from anywhere in the world who are looking to book their travel experiences ahead of their trip and use digital currency to pay for their travels.”

TravelbyBit currently accepts BTC, ETH, XEM and plans to accept BNB in the future.

 

low BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Image Courtesy: Pixabay

The post Popular Crypto Travel Company Gets Boost from Queensland Government appeared first on BitcoinNews.com.

Darwin’s First Crypto Cafe Joins Aussie Fintech Movers and Shakers

Darwin Cafe ‘Thrive’ is the first crypto cafe to operate in Australia’s Northern Territories State capital offering electronic payment in four cryptocurrencies.

Joint owners Kerry and sister-in-law Natalie decided to offer the service as part of a plan to attract Australian and overseas visitors to the Northern Territories. Kerry commented, “Why not jump on board, it’s quick and easy and we’re learning more every day.”

The owners remarked that customers initially responded with surprise at the new service but later showed interest in how cryptocurrency would work in the cafe scenario. Customers can currently pay in Bitcoin, Ethereum, Litecoin or Dash cryptocurrencies, with a cup of coffee priced at AUD 5 selling at BTC 0.00052 when interviewed by ABC Australia.

The cafe’s crypto payment program is facilitated by TravelbBit, a Queensland-based company which offers travel and payment facilities in cryptocurrency to vendors and customers. The company designs tourist routes within Australia and offers selected providers with their own TravebyBit digital currency payment platform. The company allows customers to pay in a digital currency of their choice.

Thrive in Darwin is one of many cafes around Australia to have adopted digital currency. New South Wales-based Pablo and Rusty’s Coffee Roasters also accept digital currency at its Brisbane location. The cafe chain, which is known for its scientific approach to coffee, producing the first disposable cup made entirely from coffee waste, launched Australia’s first cashless cafe in 2016. They commented that they were always on the lookout for ways of incorporating technology into their business.

Now, customers will be able to walk into the Brisbane store, order their items, and pay with a few taps on their phone – “precisely what cryptocurrency was originally intended for”.

Australia, the self-named “Lucky Country”, has adopted digital currencies with more enthusiasm than many around the world and looks to facilitate its use in a diverse range of areas on the continent.

Its attempts to regulate the cryptocurrency industry have so far been successful in its endeavors to protect citizens and the financial sector, while developing and incorporating the technology into the infrastructure of the country.

 

The post Darwin’s First Crypto Cafe Joins Aussie Fintech Movers and Shakers appeared first on BitcoinNews.com.