Binance to Invest $2.5 Million in Aussie Startup TravelbyBit

The two will work towards introducing a POS payment system using blockchain technology for large international airports.

The two will work towards introducing a POS payment system using blockchain technology for large international airports.

Binance, the world’s largest cryptocurrency exchange, announced today that it has teamed up with TravelbyBit, an Australian startup which facilitated the world’s first digital currency-friendly airport in Brisbane, Australia.

The partnership will see Binance invest more than $2.5 million in the startup and together, the two will work towards introducing a point-of-sale (POS) payment system which will allow blockchain technology to be incorporated into major airports across the globe.

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