Articles tagged “bitcoin”

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Dennis Schaal, Skift

Booking Holdings wants to be an innovator and supporter of alternative payments systems given its presence in emerging markets, especially in Asia. So it is understandable that Booking would want to be a first mover in Facebook's digital currency effort, regardless of how it eventually turns out.

4 months ago

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Andrew Sheivachman, Skift

Some entrepreneurs and scammers are treating initial coin offerings like get-rich-quick schemes, and the travel distribution ecosystem isn't immune. Beware of people who say they can totally disrupt the travel industry, especially if they don't even understand how the industry works.

2 years ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Seth Borko, Skift Research

Emerging technologies, like artificial intelligence and blockchain, have yet to make the leap from buzzword to mainstay, but have the potential to disrupt travel incumbents. The big players will have ample opportunity to adapt, though, and leading startups can play a role in helping executives grapple with when and how to implement these technologies.

2 years ago

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Seth Borko, Skift Research

Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.

2 years ago

Bitcoin Payments for Citizenship Used by Vanuatu Tourism to Woo Paradise Seekers

Bitcoin Payments for Citizenship Used by Vanuatu Tourism to Woo Paradise Seekers

Sara Clemence, Bloomberg

A small tourism board in the South Pacific sees bitcoin it as a major hook to lure travelers to its beaches and towns. They are thinking outside the box — or prevailing financial systems, that is.

2 years ago

Blockchain Will Disrupt Expedia and Airbnb, TUI CEO Says

Blockchain Will Disrupt Expedia and Airbnb, TUI CEO Says

Dave Montali, Skift

Blockchain is essentially a large immutable database which, due to its security features and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle the current travel distribution landscape.

2 years ago

New Skift Research Report: The State of Consumer Payments in Travel 2017

New Skift Research Report: The State of Consumer Payments in Travel 2017

Dave Montali, Skift

Consumer adoption of new payment methods and devices for settling purchases is the main driver of adoption by companies. Yet travel companies can gain a valuable competitive advantage by predicting trends in payments and making payments as easy as possible for everyone.

2 years ago

Japan’s Peach Airline Is Accepting Bitcoin as Payment

Japan’s Peach Airline Is Accepting Bitcoin as Payment

Chris Cooper and Kiyotaka Matsuda, Bloomberg

We're still at the point where accepting bitcoin is nothing more than a clever marketing ploy.

2 years ago

Turning Airline Miles Into Bitcoin? It’s Possible as Alternative Currencies Edge Ahead

Turning Airline Miles Into Bitcoin? It’s Possible as Alternative Currencies Edge Ahead

Marisa Garcia, Skift

We hope there is no way this could all go horribly, horribly wrong.

5 years ago

After Bitcoin, CheapAir Adds Two More Digital Currency Payment Options

After Bitcoin, CheapAir Adds Two More Digital Currency Payment Options

Dennis Schaal, Skift

The use of Bitcoin, and second-tier currencies Litecoin and Dogecoin, on CheapAir is tiny and will remain so for the foreseeable future. Still, it is nice to try out the new currencies to see how it all goes.

5 years ago

Bali’s Bid to Become a Bitcoin-Friendly Vacation Destination

Bali’s Bid to Become a Bitcoin-Friendly Vacation Destination

Mark Johanson, Skift

Bit by bit, Bitcoin is becoming more of a possibility for wary travelers. But the question remains: Will travelers use it?

5 years ago

Payment Provider for Uber, Airbnb in Talks to Integrate Bitcoin

Payment Provider for Uber, Airbnb in Talks to Integrate Bitcoin

Olga Kharif , Bloomberg

Braintree's integration of bitcoin would give millions of travelers the ability to pay for popular travel services in a whole new way while also speeding up talks among more traditional travel players still cautious about accepting the new form of payment.

5 years ago