Madrid City Council is preparing to create an international cryptocurrency for the tourism sector

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.The Madrid City Council is preparing the creation of a cryptocurrency for the tourism sector that can be used worldwide.The initiative is being promoted by the non-profit association Madrid Capital Fintech made up of some 200 companies.As published by Vozpópuli, several hotel companies have agreed to create the "Alliance of hotel chains for the digitization and sustainability of tourism," which is formed by Room Mate, Alma Hoteles, Castilla Termal, Fontecruz Hoteles, Hospes Hotels, One Shot, Only You Hotels, Hotels, and Único Hotels.This will create a digital instrument for the sector to be financed beyond banks, so that customers of member establishments can pay for services with virtual currency as a financial asset, through a mobile app, according to the same media.

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Madrid City Council Is Preparing To Create An International Cryptocurrency For The Tourism Sector

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Madrid City Council Is Preparing To Create An International Cryptocurrency For The Tourism Sector

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