12/02/19 03:00 UTC-4

Travel by public transport in Argentina can be paid for by Bitcoins

Argentine passengers can now pay with cryptocurrencies for travel in public transport. This was first reported on February 6 at Cripto247, the local news site.

According to the report, now users from 37 Argentine settlements can replenish the balance of the travel card with cryptocurrency. Innovation has been made possible through the collaboration of Bitex and Altoviaje.

Interesting in the section: Unique features of Substratum

 

SUBE card and replenishment of travel with cryptocurrencies

Recall that Bitex is a cryptocurrency bank with a locally defined center. After the sale of the franchise, the offices of the crypto-bank have already spread to Singapore, Thailand, the Philippines, the United Arab Emirates, Hong Kong, India, Japan, and Korea. Altoviaje is a payment card provider company that supports a payment system of the same name.

According to a message on Cripto247, today users from 37 cities in Argentina can replenish their SUBE cards with Bitcoin. This feature is made possible by the recent integration of Alto Viaje with Bitex.

Recall that the two companies began their activities in 2014. At the same time, Bitex functioned as a fintech start-up to expand the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
BTC in Latin America.

Interesting in the section: World Mining: overview of the Cloud-Mining Service

"We believe that this type of project is important because it introduces the technologies of the future (...) Bitcoins for ordinary people – this demonstrates the true value and new opportunities that everyone can use in everyday life." – Manuel Beaudroit, marketing director at Bitex.

In Argentina, public transport will now be paid for by Bitcoin. In a press release, innovations also reported that the minimum replenishment in cryptocurrency should be equivalent to 50 pesos.

Editor: Yulia Krasnaya

See also: "Global Digital Payment launches Bytus wallet for instant transfer of cryptocurrency to Fiat"

#cryptocurrency #Argentina #publictransport #Bitcoin #SUBE #SUBE card #AltoViaje #Bitex #cryptopayments

Comments

Similar

23/08/19 22:00 UTC-4

Out: Libra founders are preparing an "escape" from the project

​The Libra Association (the organization that should develop Facebook’s cryptocurrency) has 28 members. They include such giants as Visa and Uber. Now at least 3 members are trying to get out of the project because of criticism from regulators.

16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.