The project will be run as a DAO with the Dtravel token (TRVL) being used to facilitate decision-making.
The firm's business customers include Airbnb, Carta, Classpass and Y Combinator.
The funding will go toward the launch of a multi-currency wallet on Maps.me, enabling decentralized finance (DeFi) features for 140 million users.
Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal. The Nasdaq traded company took an “indirect controlling stake” in the entity that owns Longroot on Thursday, one day after buying up a third of Longroot minority shareholder […]
The integration will mean Rakuten Travel Xchange customers can opt to use ShareRing's self-sovereign identity app to access bookings.
"In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero.
The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before.
The blockchain-based travel agency's partnership comes as booking rates surge from their COVID-19 lows.
Norwegian Air would accept cryptocurrency payments via crypto exchange NBX.
The ethereum-based platform is aimed to do away with price and accommodation disparities in the travel industry.
The bitcoin rewards app Lolli is going global in 2019, starting with the travel industry.
CheapAir.com is to switch bitcoin payment processors following a service change by Coinbase, but the new integration poses problems for users.
The Caribbean island of Aruba is working with blockchain startup Winding Tree to build a decentralized marketplace for its tourism sector.
Major European airline Lufthansa is partnering with a startup called Winding Tree to develop a blockchain-based travel marketplace with its own token.
CoinDesk's Noelle Acheson explains how AXA’s blockchain flight delay insurance test could point to the evolution of the insurance sector as a whole.