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Australia Bound? The Brisbane Airport accepts cryptocurrencies in a world first

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Brisbane Airport will soon accept Bitcoin, Ethereum and other cryptocurrencies in various institutions retail sale for travelers arriving or leaving airport terminals.

In an unprecedented move, Brisbane Airport (BNE), Australia's busiest airport, will introduce cryptocurrency payments at a number of terminal retailers where travelers can shop at retail with digital currencies. In its official announcement, Brisbane Airport revealed a partnership with TravelbyBit, a Queensland-based bitcoin payment start-up, to implement the company's point-of-sale payment system in both terminals. ;airport.

In pointing to the benefits of using digital currencies over traditional payments such as cards and cash, BNE pointed to low transaction fees, exchange rates, near-instantaneous transfer times and a complete lack of credit. supervision by third parties.

"Travelers will soon be able to use TravelbyBit's cryptocurrency payment system, including Bitcoin, Dash, Ethereum and other digital currencies, for dinner and shopping in the shops," read a extract from the Brisbane Airport News Release.

Explaining that the Australian airport will soon become the first in the world to accept cryptocurrencies, Roel Hellemons, General Manager of Strategic Planning and Development at Brisbane Airport Corporation (BAC), added:

"Many people in the world have made money by investing in cryptocurrencies and many of these people are traveling abroad, so it makes sense to offer an experience in our terminals. "

The decision of the airport operator to accept cryptocurrencies is important and emphasizes Australia's broadly and openly friendly approach to the cryptocurrency and currency sector. the blockchain at the local level. In addition, the commercial acceptance of cryptocurrencies at both Brisbane Airport Terminals is in sharp contrast to the crippling measures or repressive measures recently carried out by Indonesia, China and, in a to some extent, South Korea.

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The Brisbane Airport Hellemons insist that authority is just beginning, stating:

"This is only the beginning for us as we hope to expand the digital currency option across the business, so watch this space."

Image of Shutterstock Brisbane International Airport.

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