How Cryptocurrency May be used in Real Life
Cryptocurrency takes over nearly every industry whether we understand that or not. Its exponential growth through the years has increasing numbers of people opt for crypto as an alternative currency. There are numerous hundred cryptocurrencies and therefore are all for auction on Coinmarketcap with the number increasing steadily each day.
Since cryptocurrencies are decentralized, they've umpteen uses, each more thrilling than the next. A lot of people don't know any cryptocurrencies real-world applications. In reality, it comes as a surprise to most people that you will find in fact multiple uses for hardware in everyday life. Not just that, applying cryptocurrency for everyday use also lets users reap multiple benefits
There are tons of industries which have already started transacting using cryptocurrency. Here's considering some of the numerous examples:
1- Travel Industry
There are plenty of ways you can use cryptocurrencies each use case provides a surprise for you. Surprising because you don't expect in order to use your coins like this. Travel is a such industry wherein cryptocurrency payments are being integrated. Cheapair.com is definitely an example of exactly that.
The company has been accepting Bitcoin as a form of payment when it comes to purchasing flights, hotels, car rentals and cruises since 2013! So, if you want to go on a tour, you can do your traveling all over the world with the help of your Bitcoins.
2- Real-estate
Yes! You can also buy a house utilizing your cryptocurrency! And blockchain is the thing that made it possible. Propy.com may be the world's first international real estate that accepts cryptocurrency as payment to help you buy property.
A lot of companies have now made cryptocurrency payments possible for buying property. The first international site which has made this possible is Propy.com, they permit users to buy properties using cryptocurrency.
As per the sources, Multiple transactions have previously made here such as the purchase of some spectacular villas in Indonesia worth 1000 BTC in 2014, 3 acres of land in Paradise Bay and 157,000 BTC home in Vegas.
3- Education
This is sure to take you by surprise. Education institutions may also be accepting cryptocurrency like a form of payment! Futurism.com gives you a list of universities in Switzerland, Cyprus, the United States, and Germany too since they now accept Bitcoin payments.
The University of Nicosia which is in Cyprus may be the first accredited university ever to accept cryptocurrency due to just tuition but in addition for any other fees that they will need to pay through Bitpay.
It is always good to see this form of payment is growing because of its increase in popularity and also since a lot of people now find it easier and more convenient to use.
4- Fast Food Restaurants
Take out restaurants are also a part of this complete escapade. One of the primary known bitcoin transactions happened over food, with someone using their coins to get themselves some pizza.
Subway, the most popular brand inside the fast food industry, has now started accepting cryptocurrency as one of the payment options. Pizzaforcoins can be a company that accepts crypto payments and in reality, accept around 50 forms of crypto coins making it super-convenient for consumers.
5- De Corrupting Charities
A lot of people want to do charity, people wish to help one another out. However the extensive corruption in charities has deterring plenty of well-wishers from a portion of it. And if the well-wishers stop donating funds then a ones who actually need and deserve them will also be stopped