IoTeX & Travala Partner to Enable IOTX Payments for >3 Million Flights, Hotels, and Travel Experiences
IoTeX is excited to partner with Travala.com, the world’s leading cryptocurrency-friendly online travel agency backed by Binance, to integrate IOTX as a payment option on the Travala platform. This will enable IOTX token holders to book over 2.2 million hotels and homes, flights from 600+ airlines, and 400,000+ travel experiences across more than 230 countries, giving a massive boost in utility for IOTX token holders.
Through our partnership, holders of IOTX will be able to participate in a cheaper, fairer, and more inclusive travel economy alongside leading cryptocurrency assets like Bitcoin, Ethereum, and Travala’s AVA token. Additionally, IoTeX will use Travala.com’s corporate account services for the company’s internal travel requirements.
Book Travel Now with IOTX via BinancePay
To kick off our partnership, IOTX has been officially added to BinancePay, a secure and borderless crypto payment tool created by Binance. This will allow the IoTeX community to pay for travel in IOTX on Travala.com via BinancePay, as well as purchase other goods with IOTX wherever BinancePay is accepted — coming soon to retailers near you!
The next stage of our partnership will involve a direct integration of the IoTeX blockchain to Travala.com, allowing anyone around the world to purchase flights, hotels, and experiences directly with IOTX. Note: BinancePay is available now for international (non-USA) users, we look forward to welcoming USA-based users soon with our direct integration!
The Future of Blockchain-Based Travel
In addition to adding IOTX as a payment option, the IoTeX and Travala teams will also explore utilizing IoTeX smart devices like Pebble Tracker to record travelers’ journeys on the blockchain, fueling new use cases like decentralized travel logs, travel competitions, and location-based NFTs via ‘proof of presence’. We held a joint livestream AMA to share our vision for the future of blockchain-based travel — check it out below!
With savings of up to 40% available on Travala.com (when compared with other online travel agencies), a total of over 3,000,000 travel products will soon be at the fingertips of IOTX token holders worldwide, increasing the exposure of IoTeX’s ecosystem to an ever-expanding user base.
“In continuing our commitment towards mass cryptocurrency adoption, we’re very excited to partner with IoTeX to champion the growth of the crypto community and to bring a new use case to IOTX. The team impressed me with their vision for their business, and I have no doubt that we will see them making waves in the crypto community.” — Juan Otero, Travala.com CEO
“This partnership brings together two projects with a shared vision for how blockchain can impact the future of travel. We admire Travala.com’s growth and focus on community, as well as their innovative spirit. We look forward to working with their fantastic team to expand the utility of IOTX and the broader travel landscape.” — Raullen Chai, IoTeX Co-founder
Founded as an open-source platform in 2017, IoTeX is building the Internet of Trusted Things, an open ecosystem where all “things” — humans, machines, businesses, and DApps — can interact with trust and privacy. Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, secure hardware, and confidential computing to enable next-gen IoT devices, networks, and economies. IoTeX will empower the future decentralized economy by “connecting the physical world, block by block”.