You can use VET as a payment option at 2.5 million hotels and car rentals
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Answer You can use VET as a payment option at 2.5 million hotels and car rentals
The VeChain Foundation has reached a new agreement to promote adoption of its VET digital token.
VeChain has entered into a partnership agreement with ShareRing, a blockchain-based travel app.
Through the partnership, ShareRing will integrate VET into its platform, allowing cryptocurrency holders to spend their assets at 2.5 million hotels in 190 countries and rent 1.2 million cars in 150 countries around the world.
Also, VET will be a payment option for activities such as eVOA (electronic visa on arrival) in Thailand, flights, insurance, tours and a host of other activities, he said. Source.
Welcome # climber! Welcome to ShareRing. Are you guys ready # Travel with vet? Tweet embed MustafaHosny Oh God, Amen Tweet embed#blockchain #BlockchainCompany # Travel #Travel #cryptocurrency #fechin #fechin SHR Dollars # Share
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– ShareRing (ShareRingGlobal) February 4, 2020
VET holders will start enjoying these services once the cryptocurrency is integrated on the platform on February 8, when the “ShareRing” project launches its mainnet.
The VeChain Foundation enthusiastically received this announcement, expressing its thanks to its strategic partner, CREAMethod, who ensured the successful integration.
“VeChain” and “ShareRing” share the same value in the sense that the latter’s mission is to ensure transparency and decentralization through blockchain technology which is also offered by the VeChain project.
Another benefit that VeChain will enjoy through the partnership is its adoption by 20 million travelers from 20 countries each year.
ShareRing is one of the two companies approved by the Thai Immigration Service to administer the eVOA programme.
Did you know, there are only two companies that are approved by the Thai Immigration Department to administer the eVOA program. 🙄
We are one of them. That’s more than 10 million travelers from 20 countries each year with exposure to ShareRing. 👀#cryptoadoption #blockchain # encrypt SHR Dollars pic.twitter.com/gl1WrvjAlz
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– ShareRing (ShareRingGlobal) November 11, 2019
According to the statement, CREAMethod has contacted ShareRing to integrate VeChain into its services.
The CEO of CREAMethod stated:
VeChain is well suited to the ShareRing ecosystem, whereby VET token holders will now be able to reliably use the services around the world.
VeChain has been so successful all over the world that more than 500 companies are working on Dapps directly on VeChain.
Read also:
A partnership between VeChain and JUR enables the purchase of luxury properties with VET cryptocurrency
VeChain Corporation seeks to destroy 727 million recently stolen VET
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