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Bitcoin {BTC} adoption: Alternative Airlines chooses to collaborate with Utrust to begin accepting crypto-payments

Bitcoin

A recently published blog post dictates a partnership between Utrust and Alternative Airlines [a travel-based organization situated in the United Kingdom]. After a short span of time, individuals will be able to use Bitcoin [BTC], Ethereum [ETH], DASH, DigiByte [DGB], and UTK [the native token linked with Utrust] to purchase tickets in order to fly and reach major hotspots for tourists scattered across the globe.

The CEO of Utrust Nuno Correia believes this deal would benefit both companies; as people will be able to book tickets with an enhanced level of security, and significantly lesser “processing fees” so as to make the entire process convenient for global citizens. This is meant to address the primary goal of mass adoption of cryptocurrencies, and the CEO hopes that it will amplify “transparency”.

All of the aforementioned virtual currencies are being used by crypto-enthusiasts in Latin America, Africa, South-East Asia, U.S.A., and Europe. Especially Dash and DigiByte are regarded as popular decentralized assets. This partnership may cause trading volumes to surge in November.

Bitcoin is positioned at #1 in the market with a dominance rate of 65.9% associated with it. The trading volume recorded stands at roughly $18.313 billion, while the supply has 18,046,112 BTC coins in play as part of circulation. The total market cap of Bitcoin amounts to $157.558 billion. The price dipped at a rate of 0.49% in the course of the past 24-hours; this, in turn, caused the king coin to decline [albeit marginally] and head all the way down to the $8730.86 mark where it currently holds.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.