Just how Cryptocurrency Can be utilized inside True to life

Cryptocurrency is overtaking nearly every industry whether we recognize that or not. Its exponential growth over the years has more and more individuals go for crypto instead currency. There are several hundred cryptocurrencies and are listed on Coinmarketcap with the number increasing steadily every day.

Since cryptocurrencies are decentralized, they have umpteen uses, each more exciting compared to next. Most people don’t even know any cryptocurrency real-world applications. Actually, it comes as a shock to the majority of people that there are in fact multiple uses for cryptocurrency in everyday life. Not just that, applying cryptocurrency for everyday use also lets users reap multiple benefits

There are a large amount of industries which have already started transacting using cryptocurrency. Here’s taking a look at some of many examples:

1- Travel Industry

There are so many ways you can use cryptocurrencies and each use case will come as a shock to you. Surprising because that you do not expect you’ll manage to use your coins like that. Travel is one particular industry wherein cryptocurrency payments are being integrated. Cheapair.com is an example of exactly that.

The organization has been accepting Bitcoin as an application of payment when it comes to purchasing flights, hotels, car rentals and cruises since 2013! So, if you like to be on a tour, you can certainly do your traveling all over the world with assistance from your Bitcoins.

2- Property

Yes! You may also buy a home using your cryptocurrency! And blockchain is what made it possible. Propy.com could be the world’s first international property that accepts cryptocurrency as payment allow you to get property.

Many companies have now made cryptocurrency payments a reality for buying property. The first international site which has made this possible is Propy.com, they allow users to get properties using cryptocurrency.

As per the sources, Multiple transactions have already made here such as the purchase of some spectacular villas in Indonesia worth 1000 BTC in 2014, 3 acres of land in Paradise Bay and 157,000 BTC home in Vegas.

3- Education

That one is sure to take you by surprise. Education institutions are also accepting cryptocurrency as an application of payment! Futurism.com provides you with a listing of universities in Switzerland, Cyprus, the United States, and Germany too as they now accept Bitcoin payments.

The University of Nicosia which is in Cyprus is the initial accredited university ever to just accept cryptocurrency for not only tuition but in addition for some other fees which they may need to pay through Bitpay.

It is very good to see that type of payment is increasing because of its increase in popularity and also since a lot of people now find it easier and easier to use.

4- Fast Food Restaurants

Fast food restaurants are also part of this entire escapade. Among the first known bitcoin transactions happened over food, with someone utilizing their coins to get themselves some pizza.

Subway, a popular brand in the junk food industry, has now started accepting cryptocurrency as one of the payment options. Pizzaforcoins is just a company that accepts crypto payments and actually, accept around 50 forms of crypto coins which makes it super-convenient for consumers.

5- De Corrupting Charities

Most people wish to accomplish charity, people want to greatly help one another out. Nevertheless the extensive corruption in charities has deterring lots of well-wishers from part of it. And if the well-wishers stop donating funds then your ones who really need and deserve them is likewise stopped

Blockchain and Cryptocurrency help to resolve this entire problem. It may be used to deter corruption along with prevent fund leaks that occur within charities. The World Food Program (WFP) has begun and made an effort to use blockchain to give cash assist with the hungry. This cryptocurrency practical use case helps in bringing an optimistic change in society.

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>