Litecoin Hastens Mainstream Adoption, Inks Deal with Blockchain Startup Travala
By CCN: With the exception of bitcoin, Litecoin is arguably doing more than any other coin for mainstream adoption. Most recently, Litecoin Creator Charlie Lee has inked a partnership with Travala.com, a blockchain-based hotel booking platform. Even though Travala.com is another blockchain company, it’s a play on the travel industry and represents a use case that can serve as a model for future deals. While Expedia has shied away from accepting bitcoin, it could change its tune if Travala.com’s Litecoin payments take off.
Charlie Lee stated in the announcement:
“We are excited to work with Travala.com to make it easier for Litecoin users to #TravelWithLitecoin. Nothing aids mass adoption more than real-world use cases, and the opportunity to use a global currency like Litecoin to travel around the world is a powerful one.”
Excited to work with @travalacom to make it easier to #TravelWithLitecoin! ⚡️✈️ https://t.co/ToxBUGyNBF
— Litecoin Foundation (@LTCFoundation) May 9, 2019
As a result of the deal with Travala.com, travelers can slash 40% of their hotel costs by paying with Litecoin on Travala.com. To kick things off, Travala.com is partnering with the Litecoin Foundation for the upcoming Litecoin Summit, which will unfold during Las Vegas’ Blockchain Week in the fall. Incidentally, the blockchain-based travel startup is also the official partner of the Bitcoin 2019 event. It’s not as though customers paying with crypto have to compromise, either. Travala.com has a portfolio of nearly 600,000 properties spanning hundreds of countries and territories.
Followers of both projects cheered the development on Twitter, including one person waiting to see Charlie Lee tweet about Travala.com.