XDB CHAIN ​​announces the launch of CBPAY Airdrop and a major technology ecosystem partnership in the travel industry, driving Chainwire's RWA adoption


London, UK, April 9, 2024, Chainwire

The CBPAY token airdrop campaign launches on XDB CHAIN ​​in conjunction with the announcement of a major travel payment partnership between Coinbar and Tech Scale Up Utravel by Alpitour Group.

In a groundbreaking move that aims to redefine the intersection between cryptocurrency and the travel sector, XDB CHAIN ​​is pleased to announce the launch of the CBPAY Airdrop. This groundbreaking development is part of a broader initiative announcing a major technology ecosystem partnership in the travel industry, highlighting a collaboration with Coinbar and Utravel, Alpitour Group's tech scale up

About Utravel and Alpitour Group

Utravel is a GenZ-focused tech scale-up company from Alpitour Group. The company has experienced rapid growth due to its deep understanding and innovative responses to the unique needs of this age group and has quickly become a major player for its target market, establishing an active community of travelers, content creators and photographers. This community is united by the pursuit of affordable travel that reflects their identity and values. For the generation born between 1995 and 2012, travel is a top priority, characterized by the search for authentic experiences that foster a connection with the world and its communities.

Alpitour Group embodies innovation and excellence by being at the forefront of the Italian travel industry, one of the largest in the world. The Alpitour Group operates in over 30 countries and has a network of more than 2,500 points of sale worldwide. With a turnover of 2.0 billion euros, the Alpitour Group has established itself as a giant in the industry. The Group's extensive portfolio, which includes tour operators, hotel management and airline services, underlines its commitment to providing world-class travel experiences characterized by quality, customer satisfaction and innovative solutions that make travel more accessible and enjoyable.

CBPAY Airdrop: A Gateway to the Digital Payments Revolution

The CBPAY Airdrop represents a major advancement in digital payments and provides users with an unprecedented opportunity to engage with the cryptocurrency and blockchain technology landscape. CBPAY Airdrop aims to distribute CBPAY tokens to a wide audience. The airdrop is intended to facilitate the adoption and use of digital payments across various platforms and services within the intrinsic utility leveraged by the CoinbarPay platform.

Airdrop participants will get a first-hand look at CBPAY's integration capabilities for travel bookings via Utravel, designed to incentivize early adopters and encourage wider adoption of cryptocurrency transactions in everyday life. This initiative aims to educate and engage a global audience about the digital payments revolution. It is expected to start in June 2024.

For more information on the CBPAY Airdrop and to understand the full terms and conditions, interested individuals are encouraged to visit https://xdbchain.com/.


Strategic development and use of real assets (RWA)

The strategic collaboration between Coinbar and Utravel, Alpitour Group's Tech Scale Up brand, marks a significant milestone in the application of Real World Assets (RWA) in the blockchain ecosystem and in particular within XDB CHAIN ​​​​in the brand new blockchain asset -Category RWA. This partnership, which enables the use of cryptocurrencies for travel bookings, not only demonstrates the concrete application of digital currencies, but also strengthens XDB CHAIN ​​​​'s position in the RWA landscape. Leveraging XDB CHAIN's advanced technology for fast and seamless transactions, perfectly tailored to the dynamic needs of modern travelers.

Youth tourism industry as a driving force

Youth tourism is a high-growth market segment, with a global value estimated at over $340 billion in 2023. According to the World Tourism Organization, travelers under the age of 35 make up 20% of all international tourists and their spending is increasing by 5% annually.

Expand your horizons with the Binance partnership

This initiative gains further momentum with the recent announcement of the partnership between CoinbarPay and Binance, expanding its potential reach to the 175 million Binance users worldwide. This collaboration not only demonstrates the scalability and promise of cryptocurrency payment solutions, but also represents a significant step towards mainstreaming the use of digital currencies in the travel sector and beyond.

Imagine the future

This groundbreaking partnership announcement represents a bold step forward in the rapid evolution of RWA and the real-world integration of digital payments into the travel industry, providing unparalleled convenience and flexibility to travelers worldwide. As the digital and physical realms continue to converge, these developments are a testament to the spirit of progress that is driving the future of real world assets on the blockchain, the travel industry and Web3 transactions as a whole.

ContactXDB CHAIN ​​teamXDB CHAIN[email protected]

This article was originally published on Chainwire


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