SBC Travel eagerly optimizes payments on the go with blockchain

March 16, 2018

SBC Travel eagerly optimizes payments on the go with blockchain

SBC Travel has not yet been officially launched, but has already gained a lot of traction thanks to recent acquisitions. The travel agency and affiliate of Swissbloc Capital, based in Singapore, strengthened its position in the travel industry by purchasing Dream Holidays Planner and Planet Holiday Media Ltd.

Launched at the end of this year, SBC Travel reinvents the way travel is experienced and distributed. It is a subsidiary of Swissbloc Capital, which offers innovative technologies to hospitality partners around the world. The company is renowned for providing revolutionary payment solutions and rewards through the use of distributed ledger and blockchain technology.

The website states: "SBC Travel uses global accounting technology and the global travel ecosystem to provide innovative consumer rewards, lower rates, faster merchant transactions and greater data privacy."

Daryn Griggs leads SBC Travel, bringing his extensive experience in the hospitality and payment processing industry he has worked with Visa Inc. and Rev Worldwide. He uses his expertise in both areas to work for an extremely innovative group, creating new generation travel and payment experiences for both tourists and corporate travelers.

In an exclusive interview with TD Media, Griggs shares the fact that he used to enter industries without much experience in the past. He said: "I like literally throwing myself in. It's always a challenge because it's like you're" drinking water through a firehose. "But this also has its advantages, I've always found myself asking the question" why is it done in this way, and not in another way "and the answer I received is often" because that's how we always did. "This allows you to offer a different perspective with new ideas and this thought is incredibly valuable in # 39; dynamic and dynamic environment of today. "

Travel payments are easy

SBC Travel will provide travel services and benefits to the digital currency community of Swissbloc Capital, which currently includes over 100,000 members (and growing). Members receive access to highly discounted trips and prizes provided by SBC Travel, which can be paid for using cryptocurrencies, such as Bitcoin. Features of SBC Travel:

  • A payment system that makes it cheaper, faster and more transparent for a travel agent to pay for its suppliers, such as hotels and airlines.
  • A Chinese digital media service that transmits travel-related content to all major digital platforms in China, which promotes SBC Travel products and services.
  • A new holiday club with its exclusive digital currency is also being processed.

When cryptocurrency has become popular, entrepreneurs are looking for ways to apply this technology in various industries, especially in payments. Several companies are exploring the application of blockchain technology in travels such as eNett, Discover X, KeyoCoin and aXc. Therefore, competition is widespread in this market segment. I asked Griggs what SBC Travel is doing differently to stand out from other companies.

"We are delivering B2B solutions and B2C solutions, while most of our competitors focus on B2C in particular – our B2B solutions solve costly and inefficient payment systems in the industry, and we also allow other companies to blankly label our technology for allow others, including potential competitors, to create and offer their branded digital currency or premiums and blockchain systems, without the significant investment to start from scratch, "said Griggs.

SBC Travel is also one of the few crypto-friendly travel agencies in the world that allows you to purchase travel using Bitcoin, Ethereum and other digital currencies – including Swissbloc Capital's own currency – Global Travel Coin GTX.

Introducing GTX on the consumer market, SBC Travel will launch its rewards program, which will allow users to purchase and redeem cryptocurrency on travel bookings and use it to access rewards, discounted travel packages and money-free shopping experiences.

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