We’re excited to officially announce our partnership with Travala - the leading crypto-friendly travel agency. This marks another step in our mission to support innovators building on Hedera and with HBAR.
Travala has integrated Hedera’s HBAR token for travel bookings. HBAR can now be used to book from a variety of 2.2 million+ hotels and homes, 600+ airlines, and 40,000+ activities in more than 230 countries.
There has been an influx of remote workers across the globe in recent years. The ‘digital nomad’ has become a point of discussion - workers who have no office anchoring them down. It is estimated that 16% of these digital nomads own crypto assets and that all together, they translate into an economic value of $787 billion per year.
Even more notable has been the emergence of the ‘distributed workforce’ - a workforce that reaches beyond the restrictions of a traditional office. By installing key technologies, distributed companies are conducting operations with employees dispersed geographically. As more companies shift to this structure, a larger segment of the workforce now has the freedom to work and conduct business from anywhere. Travala provides a great service here.
HBAR as a payment method on Travala is one of the clearest examples of the benefits of the Hedera network - reliably low fees and transaction speed. In practice, this means that travelers can book experiences with the confidence that the price they see is the price they pay.
“That Hedera is an enterprise-grade network is a great fit for a platform like Travala that requires significant throughput and scale, ” said Elaine Song, The HBAR Foundation. “In a competitive market, Travala knows that reliably fast transactions lead to a great user experience. Hedera is a perfect fit to solve this challenge."
Founded by travel, fintech, and blockchain industry experts, Travala aims to bring the travel industry transparent pricing, innovation, and security while upholding the ethos of decentralized technology.
Across Travala, users are drawn to the cryptocurrencies with the lowest transactions fees. HBAR provides users with a secure, efficient, and fast payment method with near-instantaneous finality. This makes Hedera an attractive option for Travala users, both inside and outside the Hedera community.
“As we continue to expand our network of cryptocurrency accessibility, we’re particularly excited to onboard HBAR, as is Hedera one of the fastest and most energy-efficient networks,” said Shane Sibley, Travala.com. “HBAR is accelerating the payment process with their transaction speeds for bookings, thus creating a better user experience and journey for travelers.”
As we move forward, we envision that the cheap, fast, secure, and efficient payment utility of HBAR will enable it to become a go-to choice of crypto payment for the many thousands of users on Travala.
The HBAR Foundation is always here as a resource for any projects or builders who share this vision of a more accessible future for crypto payments. We provide the technical, marketing, and financial support which can help to get projects off the ground or scaling into production. Reach out to us if you have a project you would like to discuss how we can help: hbarfoundation.org.
You create, we empower.
About Travala.com
Founded in 2017 and now backed by industry-giant Binance, Travala.com is the leading cryptocurrency-friendly travel booking service with 2,200,000+ properties, 400,000+ activities in 230 countries, and 600 airlines globally. Travala.com is a champion of cryptocurrency adoption, accepting over 50 leading cryptocurrencies along with traditional payment methods. AVA, the native cryptocurrency of the platform, bolsters Travala.com’s value proposition. The AVA token can be used for payments, receiving loyalty rewards, and obtaining discounts and bonuses, among several other use cases. In addition to unbeatable prices via its Best Price Guarantee, Smart users on Travala.com can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform.
For more information about Travala.com, visit: www.travala.com.
For more information about AVA, visit: www.travala.com/ava.
About the HBAR Foundation
Founded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups, and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, sustainability, gaming, and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development, and other operational functions that are required to scale. For additional information, please visit https://hbarfoundation.org/ or follow the Foundation on Twitter @HBAR_foundation.
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