Sign up USA
Proactive Investors - Run By Investors For Investors

Zoomaway Travel to add crypto-currencies to its blockchain strategies

The company plans to work with several of these providers to give customers a wide variety of payment options
Zoomaway Travel to add crypto-currencies to its blockchain strategies
Blockchain is an emerging technology in the business world

Zoomaway Travel Inc (CVE:ZMA), the hospitality and tech group, revealed it will be implementing so called blockchain technologies into its existing platforms.

Blockchain is an emerging technology in the business world, which is a method companies can put money in place for projects and growth using new currencies.

READ: Zoomaway Travel to update soon on Zero 8 Studios deal

The firm also currently plans to incorporate various forms of crypto-currency into its platforms, it said.

The company is planning to work with several of these providers to give customers a wide variety of payment options.

"As we continue to grow our blockchain strategies, we are continuously looking for ways to improve our customers experience and to modernize the hospitality Industry wherever possible," said Sean Schaeffer, chief executive of Zoomaway Travel Inc.

"We believe that these implementations will help drive us towards an even more seamless process for the end user and will help us acquire even more vendors to adopt our products.

"We are always striving to make our processes better and easier to use, and providing more payment options to our customers will hopefully help us increase sales and trim costs that we associated with older payment technologies."

View full ZMA profile View Profile

ZoomAway Travel Inc Timeline

Related Articles

Gamers playing
February 22 2017
PCG’s shares rocketed nearly 150% higher over a five-day period as a stock overhang created by its decision to draw a line under the CPDC purchase was finally cleared.
cruise ship
July 13 2017
“They are a fantastically talented group of people doing cutting edge work in the hospitality business”
golfer silhouette
January 12 2017
ZoomAway's technology allows travellers to bundle together accommodation with activities such as golf or skiing, and book it directly through the hotel's website

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use