Australian Tourism welcomes Bitcoin [BTC], Bitcoin Cash [BCH], NEM [XEM], Litecoin [LTC] and Ethereum [ETH]
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Australian Tourism Welcomes Bitcoin [BTC], Bitcoin Cash [BCH], NEM [XEM], Litecoin [LTC] and Ethereum [ETH]

Agnes water, the Australian shoreline town is charging itself as “Australia’s first digital currency town” with a genuine target to pull in overall mechanized savvy wayfarers to promote its primary industry, tourism.

In a very short time blockchain has made a huge mark in the field of providing digital data and its distribution of information. With blockchain technology, the users can do various things like update current records, understand them as well as extract them. The blockchain is a blend of cryptography, private key, a protocol governing incentivization and internet.

Tourism is one of the main revenue generators for any region, the economy of a country is somewhat dependent on its exports and tourism industry. The tourism business with the capability of controlling an economy was off late introduced to the idea of using cryptocurrency in their day-to-day transactions.

Day by day associations of Agnes Waters are supporting advanced monetary standards, including the likes of settlement providers, visit executives, diners, and even the area bar in Agnes Water. A board welcoming the visitors driving in, with help for cryptographic types of cash, including Bitcoin [BTC], Bitcoin Cash [BCH], NEM [XEM], Litecoin [LTC], and Ethereum [ETH]  is put up saying ‘Welcome to Agnes Water-1770, Australia’s First Digital Currency Town’

Arty Cipak, the neighbourhood tourism administrator of Agnes Water, said:

“If it’s going to take cryptocurrency to get tourists to town, then bring it on.”

Gordon Christian was the inspiration for the shoreline town’s drive to get business through cryptocurrency promotion. Gordon Christian began investigating the capability of cryptocurrencies after a client, helped him to comprehend Bitcoin transactions.

Prior to the town accepting digital money, Christian found that Brisbane International Airport, a five-hour drive from Agnes Water, had started using computerized monetary forms at various retails.

Caleb Yeoh, the CEO TravelbyBit said:

“If you travel around the world you have to deal with multiple currencies, the exchange rate can be confusing, sometimes you struggle to find ATMs, and sometimes you get swindled by money changers. Travelling with one global currency like Bitcoin … makes sense.”

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.