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Brisbane: Digital Currency Airport

Digital Currency Airport

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Digital Currency Airport – Brisbane


Aviation industry differs from other transportation segments on two basic parameters – Cost & Personalized customer service. Imaging you are on the transit with a wait period and want to sip some coffee beans in the airport. You go to the shop, ask for your favorite spice latte, pick up your smart phone, scan the public key of the retailer and pay for the coffee with bitcoin or some altcoin.

The transaction gets executed and is secured on a blockchain. This transaction can be referred any time using the transaction ID. Moreover pain points like third party interference, currency exchange rates, transaction fees, etc would vanish. Sounds amazing?

Now something similar is going to happen, when travelers arrive in at Brisbane Airport (BNE). Brisbane will soon create history by becoming the first digital currency terminal in the world.As per the local media reports, BNE is working with native & world corporations to make everything in Brisbane terminal compatible with cryptocurrencies.

Once done, all the shops, cafes & restaurants would start accepting Bitcoin, Ether, Dash, Sprint, etc.  BNE will be working with TravelbyBit (a cryptocurrency payment system) to bring decentralized blockchain enabled payments into its terminal shopping. The shift to virtual currencies is sensible for the airport because as on today across the globe cryptocurrencies are being widely accepted.

Post this news, Roel Hellemons, the Director Normal of Strategic Making plans and Building was heard saying,

"Many of us on this planet have made cash by means of making an investment in cryptocurrencies and plenty of those individuals are touring out of the country, a virtual forex revel in our terminals. 

We’re also proud to be the first airport in the world to achieve this in partnership with a small local start-up business such as TravelbyBit, whose pioneering thinking is drawing attention to Brisbane as a serious breeding ground of innovative thinking. This is just the beginning for us as we hope to expand the digital currency option across the business, so watch this space.”

Further, Caleb Yeoh, CEO of TravelbyBit, said,

We are building a genuine use case for cryptocurrencies in the tourism industry. The application of digital currencies in this sector makes a lot of sense. Whenever you travel overseas you have to deal with multiple currencies and you never know what exchange rates the banks are charging you. Here at TravelbyBit we are promoting the Bitcoin travel movement.

This news during a time when many of the world countries are pessimistic about this industry is definitely a shot in the arm for crypto believers.


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