12 Cryptocurrencies as Payment in South Korea Hotels and Accommodations
I just read recently that South Korea will accept 12 cryptocurrencies as payment for hotel reservations. For over 50,000 hotels in Korea to avail this new technology. This is only possible through the partnership of Bithum, one of the leading Korean cryptocurrency as of the moment.
The announcement was made days ago that Bithum and a Seoul based company from Innovation Corp, the customers now have easy chances in booking a accommodation on any cryptocurrencies they have. These booking includes resort, hotels, campers, guesthouse, motels and hotels.
How to Pay?
The user must have a Bithumb account. Through that account, they can pay virtually. This is a breezy process. Its just like paying through your credit card. No hassle and you can put your cryptocurrency in a good use.
What are the 12 crytocurrencies accepted?
The platform will support and accept payments through Bitcoin, ripple, Bitcoin Cash, EOS, ether, zcash, qtum, bitcoin gold, ethereum classic, litecoin, monero and dash.
Is this a start that businesses now accepts cryptocurrencies as money? No wonder in time, people won't need cash anymore as online payment becomes the norm.
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Interesting post. Thank you for the information.