Use PAX to book 450,000+ lodgings worldwide in Tripio
Tripio, the leading travel blockchain project, is excited to announce that it will enable customer payments with the Paxos Standard (PAX) stablecoin. PAX is, issued by the world’s first blockchain Trust company Paxos Trust, based in New York. , as a payment on its platform.Paxos, which is the world’s leading blockchain trust. Tripio will PAX will be connect PAX to its ed to Tripio’s payment system, enabling customers PAX to book and pay at more than 450,000 hotels all over the world with PAX.
The tTourism accommodation market is athe mature bilateral market with hundreds of millions of suppliers & customers. The development of the blockchain era could bringought new possibilities for the industry.
Based on the attributes of the blockchain and smart contracts, Tripio believe it would be able to put all the booking processes on chain, which will significantly improves efficiency and reduce operating costs.
However, at present the blockchain applications areis still in the early stage, the large-scale use of the technologysociety needs an ecosystem to support its adoption, more ecological support, especially the payments through stable coins payment, which links the permanent value exchange between two worlds.
PAX currently ranks as the global TOP50 in CMC and is the blockchain world’s leading stable coin. By now offering PAX on its platform, The partnership with PAX would greatly help Tripio can accelerate its “On-chain” projects, which could result in means billions of unsold rooms-nights of the world each year being can be converted into the tradable assets for decentralized circulation and trading.
About PAX
Paxos Standard (PAX) is the world’s first regulated USD-backed stablecoin issued by Trust Company Paxos. Paxos is the first blockchain company to receivea stable coin that allows users to exchange US dollars for Paxos Standard Tokens to ‘transact at the speed of the internet.’ It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a Trust charter from the New York State Department of Financial Services. PAX keeps all USD deposit in independent accounts of FDIC insured banks and receives monthly attestations by top auditing firm Withum to ensure the amount of PAX is consistent with the US dollars in the bank account. PAX is now the most liquid regulated stablecoin available on over 100 exchanges, trading desks, wallets., which allows it to offer regulated services in the crypto asset spac e.
About Tripio
Tripio is the first travel marketplace based on the blockchain. It leverages the decentralized network provided by blockchain technologies to directly connect global customers and service providers. Moreover, it builds a service ecosystem based on transparent, tamper-resistant trust and incentives.
