According to a press release originally posted on CoinRivet.com, Travala.com have teamed up with the Litecoin Foundation. The nature of the blockchain based hotel booking service’s partnership with the Litecoin Foundation is one which will enable LTC holders to spend their crypto on holidays.
To celebrate the new marriage of services, Travala.com have made a discount package which will allow users of their website and Litecoin’s Loafwallet to save up to 40% on hotel bookings.
While any discount is always a welcome one, I always feel the “up to X%” ‘sales’ are a bit like a financial honey-dick trick where the true discount is closer to the 5% – 10% mark. I could well be wrong on this discount though.
The press release on CoinRivet stated that the partnership with Travala.com and the Litecoin Foundation didn’t stop at currency implementation. They also announced that the London based purveyors of holiday homes will be the “official travel partner” to the Litecoin Summit (due end of October 2019).
Matthew Luczynski, CEO and Founder of Travala.com said that the partnership pleased him and that the two companies shared a vision of bringing “the mainstream use of cryptocurrencies into everyday life”.
Charlie Lee, Creator of Litecoin and Managing Director of the Litecoin Foundation, stated that he was “excited” by the partnership. He also added that the ability to allow LTC holders to travel the world using their Litecoin is a “powerful” opportunity.
I have never used the Travala.com platform so I cannot give any opinion on the service they provide. However, I do believe this partnership to be another step in the right direction for cryptocurrencies and blockchain technology.
As our industry keeps on expanding I would hope we will see more news of partnerships. Over the past couple of weeks we have seen Jaguar Land Rover partner with IOTA and Starbucks with Microsoft Azure. What will be next?
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Love, peace and happiness.