How Bitcoin Has Boosted These Industries Over The Years
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Cryptocurrency is an ever-growing industry which has spread throughout almost every industry. At the time of writing, there are more than 1,000 cryptocurrencies listed on exchanges and because of the decentralised nature of said currencies, they have many uses. Some of those industries include travel, education, social media, real estate and more! Let’s take a look at some of these industries and how cryptocurrency has had an impact on them.
The cryptocurrency hype train has opened up tons of new possibilities for game developers. The ORB project is a good example of a game that allows the user to transfer their in-game cash into other assets and then exchange it for fiat money.
Getting involved in the travel space is a great industry to get stuck into, especially for the cryptocurrency. There are some companies like Cheapair.com which have been accepting Bitcoin as a form of payment for purchasing hotels, car rentals, cruises and flights for around six years now.
The growth of social media is phenomenal. The industry has grown so much that you can even make a full-time career out of it. Some social networks are utilising blockchain technology to connect with artists and performers. In addition to this, people with specialised skills and talents to those who may be interested in it.
Put simply, transactions on social media are carried out through cryptocurrencies.
Universities in North America and Germany are now accepting cryptocurrencies as a mode of payment. Bitcoin is especially allowed for the course fees and student bills.
It is now possible to buy houses using cryptocurrencies. This is thanks to the blockchain. Propy.com and mycoinrealty.com are two real estate firms that accept Bitcoin as a payment option so you can buy your dream property.
There are some big players in the fast food space that now accept cryptocurrency as a form of payment. Pizzaforcoins is one such company that accepts around 50 types of cryptocurrencies as payments. The popular fast food restaurant Subway is another firm which accepts crypto in some selected stores. Soon, you’ll be able to buy your footlong from Subway all in crypto!