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Getting To Know The Actual Use Of Cryptocurrency In Real Life

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Vandana Mrigwani

CBW -External Analyst

INDIA

Feb, 06 2021

Feb, 06 2021

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Cryptocurrency is taking up almost every industry, whether we realize that or not. Its exponential growth over the years has more and more people choose crypto as an alternate currency. There are several hundred cryptocurrencies and are all listed on Coinmarketcap, with the amount increasing a day steadily. 

 

There are tons of industries that have already started transacting using cryptocurrency. Here's taking a glance at a number of the various examples: 

 

Travel Industry 

 

There are numerous ways you'll use cryptocurrencies, and every use case may come as a surprise to you. Travel is one such industry wherein cryptocurrency payments are used widely. The company has been accepting Bitcoin as a sort of payment when it involves purchasing flights, hotels, car rentals, and cruises! So, if you would like to travel on tour, you'll do your traveling around the world with your Bitcoins' assistance. 

 

Land  

 

Yes! You'll even buy a house using your cryptocurrency! And blockchain is what made it possible. Propy.com is that the world's first international land that accepts cryptocurrency as payment to enable you to shop for property. Many companies have now made cryptocurrency payments a reality for purchasing the property. The primary international site which has made this possible is Propy.com, which permits users to get properties using cryptocurrency. 

 

Education 

 

This one is certain to require you all of a sudden. Education institutions also are accepting cryptocurrency as a sort of payment! Futurism.com gives you an inventory of universities in Switzerland, Cyprus, us, and Germany, too, as they now accept Bitcoin payments. In Cyprus, the University of Nicosia is that the first accredited university in history to simply accept cryptocurrency for tuition and the other fees that they'll get to pay through Bitpay. It is great to ascertain that this type of payment is increasing due to its increase in popularity and since many individuals now find it easier and more convenient to use. 

 

Fast-food Restaurants 

 

Fast food restaurants also are a neighborhood of this complete escapade. One among the primary known bitcoin transactions happened over food, with someone using their coins to shop for themselves some pizza. Subway, a trendy brand within the nutriment industry, has now started accepting cryptocurrency together with the payment options. Pizaaforcoins may be a company that accepts crypto payments and actually accept around 50 sorts of crypto coins, making it super-convenient for consumers. 


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Vandana Mrigwani

CBW - External Analyst

INDIA

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