Inspiration

CryptoTravel aims to solve currency conversion issues by leveraging blockchain technology to create a global cryptocurrency, streamlining transactions for goods. This eliminates the need to convert currencies while travelling, addressing hidden costs and currency fluctuations.

What it does

The Crytotravel Wallet we are suggesting is not merely an ordinary payment application for in-store transactions. Instead, it enables instant payments in other countries with minimal administrative fees. You only need to link the application to your bank account in your home country. When making purchases abroad, the application facilitates the conversion of your home currency to cryptocurrency, which is then further converted to the local currency of your destination. The application selects the optimal cryptocurrency for conversion, considering the most favourable exchange rates.

Built With

  • aelf
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