Australia's Brisbane Airport stores to accept cryptocurrencies

Australia’s Brisbane Airport has revealed plans to make it the world’s first cryptocurrency friendly airport, partnering with store owners within terminal premises to accept payments in cryptocurrencies. The next time travelers land or take a flight, they will be able to make payments at the stores, kiosks, and coffee shops using cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dash, and Steem. To make this happen, the airport is teaming up with TravelByBit. TravelByBit allows travelers to pay digitally using the company’s mobile payment platform. The partnership further reinforces Brisbane Airport’s aim to support local businesses and become a leader in the airport digital innovation space. Such a move will also improve the passenger experience and educate more people on the real-world uses of cryptocurrencies in day to day living. As some governments across the world have been tightening regulations and laws surrounding mining and trading cryptocurrencies, it appears as if Australia is trying to go the other way, fostering development and growth. According to Roel Hellemons, General Manager of Strategic Developments at Brisbane Airport, it makes sense for the airport to start accepting digital payments as the number of people holding and trading cryptocurrency increases.