M2O Booking Service Enables Hotel Bookings with M2O Coins

Asia Blockchain Review
September 20, 2019
M2O Booking Service Enables Hotel Bookings with M2O Coins

MTO Global Pte, a blockchain company based in Singapore, disclosed that its recently-launched M2O Booking Service will allow users to book over 600,000 hotels around the world using M2O coins, with beta testing to begin in November 2019.

Cryptocurrency for Hotel Bookings

According to Yahoo! Finance, the M2O Booking Service allows customers to carry out their bookings by transacting M2O coins, as opposed to using credit cards on other platforms. The use of cryptocurrency will also further safeguard user privacy. 

MTO Global Pte CEO Henry Kim revealed that with convenient and practical use cases, M2O has the potential to quickly gain more users in the cryptosphere.

Cryptocurrency is completely different from stocks and bonds. Because it’s the practical use that matter most for crypto coins,” he said. “M2O coin will be one of the fastest-growing cryptocurrency in regard to a practical use case.”

Launching an Overseas Exchange to Boost Business Expansion

Meanwhile, Kim revealed the company’s plans to introduce services that will promote further use for the token.

“We will open a coin exchange in Korea in November before establishing an overseas exchange. The overseas exchange is expected to be the cornerstone of the country’s smart city projects, contributing to solving resource and infrastructure shortages and transportation problems as well as improving the citizen’s quality of life,” Kim said. 

“We are currently discussing with many Korean companies to form a consortium for the overseas exchange and will make a public announcement soon.”

M2O coins are traded on global coin exchanges, including BitForex and IDAX.

Source: https://finance.yahoo.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
China Merchants Bank International Partners with Nervos to Develop DApp
China Merchants Bank International has announced its entry into the blockchain space, teaming up wit...

October 14, 2019

Vanguard Group Tests Blockchain-Powered Forex Trading Platform
The Vanguard Group is testing a blockchain platform that will allow asset managers to trade currenci...

October 14, 2019

South Korea’s Shinhan Card Adopt Blockchain Platform for Payments
South Korea’s Shinhan Card has revealed its plan to introduce a blockchain platform that will suppor...

October 13, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us