Join Our Mailing List
Saturday June 10, 2023
Bitcoin (BTC) $25,616.86   Ethereum (ETH) $1,737.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Payments

TravelbyBit expands to New Zealand to explore cryptocurrency tourism potential

Published by CryptoNinjas.net
08/08/2018
TravelbyBit expands to New Zealand to explore cryptocurrency tourism potential

TravelbyBit today announced a statement of intent to establish operations at EPIC Westport in the West Coast region of New Zealand’s south island.

The Brisbane-based company will explore the possibility of assisting the region’s merchants to accept digital currency payments in Bitcoin, Litecoin, Ethereum and soon XEM.

This comes as TravelbyBit has become known for developing Australia’s first digital currency town and having developed digital currency ready retail stores at Brisbane Airport and across every major city in Australia.

Looking into the country’s tourism industry and substantial interest in cryptocurrency, TravelbyBit has identified New Zealand as an ideal location for expansion, in particular, to service their Australian user base looking to travel overseas.

“The opportunity here to be at the forefront of financial transaction change globally is exciting,” said Mayor of Buller Garry Howard.

“Cryptocurrency is a revolution comparable to the communication revolution from handwritten letters to the current acceptance of email. The West Coast can really demonstrate its appetite for diversification and change by embracing TravelbyBit and digital currency.”

With New Zealand’s economic status projected for continued growth, the groundwork is laid for a digital currency future.

This move by TravelbyBit will also serve as a test case for expansion into additional overseas markets.

“TravelbyBit is looking to grow a network of innovative businesses and connect them with global digital currency users.  This initiative will focus on spreading some of the economic benefits to regional tourism locations. Blockchain enabled payments  can make global travel more efficient and secure by reducing the risk of credit card fraud and removing the friction of multiple exchange rates.”

– Caleb Yeoh, CEO of TravelbyBit and board member of Blockchain Association of Australia

TravelbyBit has established a local banking partner in New Zealand and is looking to work with EPIC Westport: The CerebralFix Group flagship co-working and innovation space which recently launched New Zealand’s first NEM Blockchain Hub.

“Tourism is very important to our region and this represents an interesting crossover between a developing digital industry and an existing industry here on the Coast. This is exactly the kind of thing we want to see happening in the region.” – Benjamin Dellaca, CEO, EPIC Westport

TravelbyBit has also recently received a government grant to grow regional tourism initiatives in Bundaberg, Queensland Australia and is helping to coordinate the launch of Australia’s NEM Blockchain hub.

“We are glad to see the expansion of TravelbyBit in partnership with the NEM Blockchain Hub’s launch as this is evidence towards the growth and synergies which is taking place.” – Jason Lee, Expansion Director for Australia and New Zealand, NEM Foundation

44
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto users can now choose from Expedia’s inventory of hotels on TravelbyBit

02/05/2020
Crypto users can now choose from Expedia's inventory of hotels on TravelbyBit

TravelbyBit, a crypto-based online travel booking agency site, today announced that it has added Expedia’s hotel inventory, now offering more than 600,000 additional hotel options for travelers; expanding its database to nearly 800,000 properties...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
A Beginner’s Guide To Forex Demo Account

A Beginner’s Guide To Forex Demo Account

06/07/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy