In the business world, mergers usually imply significant changes, but for the improvement of the companies that do it. This is probably the intention of Travala.com and TravelByBit (supported by Binance), two travel platforms based on Blockchain.
Firstly, Travala.com is the leading accommodation booking platform based on Blockchain. On the other hand, TravelByBit is the leading crypto currency flight booking portal supported by Binance.
The latter is relevant, because Binance is known as the global Blockchain company behind the world's largest cryptomoney exchange by volume of trade and users.
How do I pay for my vacation with Bitcoin?
Why is this merger relevant, in addition to Binance's support?
Companies like these are the ones that promote the use of
- Immediate Edge
- Bitcoin Billionaire
- Bitcoin Era
- Bitcoin Circuit
- The News Spy
- Bitcoin Evolution
- Bitcoin Revolution
- Bitcoin Profit
- Bitcoin Trader
- Bitcoin Code
and the use of crypto currencies to pay for services such as travel reservations. Travala.com and TBB currently offer multi-currency payment platforms, which support payments in Fiat and more than 25 popular cryptom currencies. These include Bitcoin, Ethereum, Litecoin, BNB and BUSD.
The merger has several stages, first they will market each other's travel offers. Later, there will be a complete integration between the two companies, which will give rise to one of the largest online travel agencies in the world.
Now paying for your flights and hotels with crypto currencies is easier thanks to the merger of Travala.com and TravelByBit, supported by Binance.
Now paying for your flights and hotels with cryptom currencies is easier thanks to the merger of Travala.com and TravelByBit, supported by Binance.
What do those involved say?
Caleb Yeoh, CEO of TravelbyBit, said: "On behalf of everyone at TravelbyBit, we are really excited to work with the Travala.com team to advance the use of Blockchain and cryptomontages within the travel industry. The combined teams will make this goal more possible.
Juan Otero, Travala.com's CEO, said the company shares similar values with Binance and TravelbyBit. He also said that everyone in this merger has a vision of the future in which the massive adoption of cryptomonies is a reality.
Changpeng Zhao, Binance's CEO, said: "Travala.com and TravelbyBit have demonstrated their ability to build world-class travel booking platforms that the cryptomonting community loves. We look forward to supporting them in their journey and providing more widespread cryptographic utility throughout the journey.
Binance: What do you buy and sell in your OTC market?
A little more detail about Travala.com and TravelByBit
Since its founding in 2017, Travala.com has established itself as one of the leaders in promoting the conventional use of cryptomonies for travel around the world. After migrating to Binance Chain in 2019, Travala.com has continued to strive for more transparent pricing, innovation and improved security for the travel industry.
Meanwhile, TravelbyBit was launched in 2017 as a way for travelers to use their cryptomonies when booking travel. Since securing its investment in Binance in 2018, TravelbyBit has grown from a small business to one of the world's leading crypto currency flight booking services.
Recognizing the track record of both companies, which are backed by Binance, we can only predict success for this merger.