LONDON, UK, October 23rd, 2024,
Chainwire
XDB CHAIN, a leading blockchain platform focused on
digital assets and crypto payments, is thrilled to announce that
its groundbreaking partnership between Utravel and CoinbarPay is now live.
Consumers can immediately book their travel tickets using
cryptocurrency, marking a major milestone in the evolution of
digital payments within the travel industry.
Following the agreement established in April, Utravel—a travel
brand designed for young explorers—has adopted CoinbarPay as its
cryptocurrency payment solution. This integration allows users to
enjoy seamless transactions while benefiting from the flexibility
and security that cryptocurrencies provide. Travelers can now use
popular digital assets like Bitcoin, as well as CoinbarPay’s native
token CBPAY and XDB CHAIN's XDB coin, to pay for their trips,
making the booking process faster, more efficient, and more
accessible for a tech-savvy, global audience.
On top of this exciting integration, crypto consumers using
CoinbarPay’s native CBPAY token will benefit from an exclusive 10%
crypto back on every transaction. This incentive enhances the value
of using the CBPAY token for payments, rewarding users for their
engagement while driving the adoption of crypto in the travel
sector.
This is just the beginning for a TravelTech company that is
introducing Web3-based interactions with its customer base. More
value-driven and UX-focused initiatives are under development,
blazing a trail in the travel industry’s dynamic evolution. Utravel
aims to lead one of the key streams of crypto mass adoption in the
real world, setting new standards for digital transactions in
travel.
The CoinbarPay system guarantees fast and secure payments,
enhancing the overall travel experience for Utravel’s growing
community. By combining Utravel’s thriving platform—serving over
25,000 travelers—with CoinbarPay’s extensive network of over 170
million crypto users, this partnership is poised to drive both user
engagement and cryptocurrency adoption within the travel sector.
This milestone signals the start of a new era, where digital
currencies become a natural part of the travel ecosystem.
About Utravel
Utravel, the leading TravelTech company of Alpitour Group, is
the go-to travel brand for young adventurers seeking to explore the
world. Offering authentic, safe travel experiences in over 30
destinations, Utravel now serves more than 25,000 travelers and has
an engaged online community of over 200,000 members.
About Coinbar
Coinbar is Italy’s leading platform for cryptocurrency payments,
offering secure and innovative solutions for virtual currency
transactions. Through the integration of blockchain technology,
Coinbar provides fast, reliable, and user-friendly payment options
across various sectors, including travel.
About XDB CHAIN
XDB CHAIN is an open-source blockchain platform revolutionizing
how brands and consumers interact in the digital age. With support
for advanced smart contracts, XDB CHAIN offers innovative
tokenomics, including branded tokens (BCOs) and a dynamic token
burn mechanism tied to real-world on-chain value creation. This
fosters meaningful use cases and drives adoption of the platform.
GameFi-ready, XDB CHAIN enables brands to connect with audiences
through community-driven rewards and gaming incentives.
Contact
Marketing
Manager
Sara
Sciusco
XDB
CHAIN
marketing@xdbchain.com