Caribbean Tourism Organization pushes for cryptocurrency acceptance


The Caribbean—white sandy beaches, steel drums playing tropical music and margaritas. Sounds like the perfect vacation. That vacation just got a little easier to achieve, as the Caribbean Tourism Organization (CTO) is working on a plan to have tourist-based businesses accept cryptocurrency payments.

The CTO has teamed up with Bitt Inc., a blockchain company out of Barbados, to create a payment system that will “facilitate the implementation of more efficient payment processes for tourism products and services.” The system is designed to increase cryptocurrency acceptance as a valid payment form by area businesses. The organization is confident that they will receive overwhelming support, and that the majority of the businesses will be all too eager to climb aboard.

CTO…

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