Cryptocurrencies and the blockchain are already shaking up plenty of modern industries, but the TripBit ICO is hoping to be the first company to create a cryptocurrency just for travel. While companies like AirAsia have already integrated cryptocurrencies into rewards programs, the TripBit ICO is instead focusing on revolutionizing how trips are planned. By leveraging blockchain technology, this new form of cryptocurrency hopes to make purchasing flights, events and hotel easier with a decentralized travel coin.
This new payment service is set to be the first of its kind and will allow users to make purchases with TripBit token. This would allow for increased convenience while traveling and enable the booking process to be handled through blockchain platforms. The TribtBit ICO is also set to feature a secondary marketplace that will allow consumers to resell tickets and amenities that would normally be non-refundable.
Image Credit: TripBit ICO