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Travala.com Partners with XinFin to add XDC as Payment Method

Travala.com Partners with XinFin to add XDC as Payment Method
  • Travala.com partners with XinFin to add XDC as a payment method
  • XDC holders will soon be able to book flights, tours, activities, hotels, and resorts
  • Travala.com has more than 3 million travel products

One of the world’s leading travel booking platforms, Travala.com, made an announcement that they will add XDC as a payment method. According to the company, XDC holders will soon be able to book and purchase more than 3 million travel products.

The partnership seems like a perfect match as both parties have a lot to offer. The Travala.com booking platform currently offers over 2 million properties and covers more than 90 thousand destinations in 230 countries and territories. According to Travala.com, their prices are “up to 40% cheaper than mainstream travel booking platforms.”

Meanwhile, the XinFin XDC Network ($XDC) is an “enterprise-ready, open-source, hybrid blockchain protocol.” According to XinFin, their platform specializes in tokenization for real-world decentralized finance.

While Bitcoin poses a threat to the environment according to Elon Musk, the XDC Network addresses energy consumption at a protocol level. The network presents a really low per transaction usage of 0.000000118 kWh per transaction. Data shows that the entire XDC blockchain only uses the same amount of energy as two Teslas annually.

The platform also addresses two of the main problems of traditional blockchains such as the speed of transactions and rising fees. Compared to Bitcoin, which processes 3-6 transactions per second (TPS) and Ethereum which processes 12 – 16 TPS, the XDC Network processes 2000+ TPS. This means that users don’t have to worry about the common network congestion issues with traditional blockchains.

On the other hand, one of the biggest problems in the Ethereum network at the moment is the rising fees. Just a week ago, Ethereum cost users a total of 89 million USD in fees. The XDC blockchain solves this issue by charging only $0.00001 USD in fees per transaction.

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Ezra Reguerra is the Senior Editor for CoinQuora. He works in the editorial aspects of the publication. His tasks include writing, overseeing the content team, setting goals, and approving content.