Velo has announced a new partnership with the blockchain-powered platform Travala, enabling VELO token holders to book travel services using their tokens in select regions.
Partnership Features
The partnership allows VELO token holders to directly use them for booking a variety of travel services. It provides access to over three million travel options, including hotels, flights, and local activities, in select regions. Travala’s platform integrates VELO payments, offering users a convenient way to pay without converting their tokens to fiat currency.
Why Travala Chose VELO
Travala aims to offer a wide range of payment options and adding VELO enhances the platform's appeal to a broader cryptocurrency audience. Travala supports cryptocurrency adoption in everyday transactions, and partnering with Velo supports this goal. Velo’s blockchain solutions for remittances and payments align with Travala’s vision of a decentralized future for the travel industry.
Real-World Applications of VELO
Integrating VELO as a payment method on Travala marks a milestone for Velo in expanding the practical applications of its token. It simplifies travel bookings for VELO holders without needing to convert their tokens to fiat currencies and positions VELO as a key player in the evolving crypto landscape.
The partnership between Velo and Travala marks a significant step forward in mainstream cryptocurrency payments adoption in the travel industry. It expands the real-world utility of the VELO token and paves the way for a more crypto-friendly future.