Tag: digital currency
Queensland to fund cryptocurrency start-up for tourism promotion
Queensland, second largest state of the Australian province, is planning to issue a grant to a crypto start-up as part of their innovation funding. As per the government statement, the state government will grant over $8.3 million to TravelbyBit digital currency payments platform for the travel and tourism industry. It is part of their Advance Queensland Ignite Ideas funding, which supports entrepreneurs in Queensland in developing their businesses. “The role of the company will be to enhance the number of inbound tourists to Central Queensland through selling travel offers with cryptocurrencies and creating more jobs,” said Kate Jones, Innovation Minister. ... Read more