Meet Tripio – a new blockchain-based hotel booking platform that now allows Binance Coin (BNB) users to book more than 450,000 hotels and residential accommodations using their BNB crypto tokens. The strategic partnership between Binance and Tripio is in the latest cryptocurrency news.
Occuring on December 4th, allowing the 10 million user base in the Binance ecosystem to utilize their BNB altcoin tokens as one of the main currencies on the Tripio platform in order to process bookings.
The head of Binance, Changpeng Zhao (CZ) also confirmed this major milestone in the company’s roadmap, sharing his excitement for the project on his Twitter profile.
oh, can't wait to try this. I might just check out of my hotel now and #useBNB to rebook. Many thanks for supporting $BNB! https://t.co/wM5OfoY5oY
— CZ Binance 🔶🔶🔶 (@cz_binance) December 4, 2018
What’s interesting is that this is not the first crypto integrations of the kind. Over the past two years, large-scale conglomerates such as Expedia, Microsoft and Steam have all announced similar integrations.
The long verification periods, high volatility and lack of liquidity have been the three major factors which created a difficult ecosystem for merchant in the past. However, thanks to the scalability solutions, emergence of fiat on-ramps and stablecoins, this is about to change.
The next step in this merchant adoption is to lead major platforms to reconsider the integration of cryptocurrencies – especially in the field of booking accommodation.
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