Iran Sees Opportunity in Cryptocurrency and Blockchain to Tap Tourism Sector - Ibinex News
23 March 2019 5:37 AM IST
Sanctions imposed by the US on Iran in May 2018 last year had led to many believing that the tourism sector in Iran was going to take a serious hit from these economically punitive actions. This move indeed resulted in a decrease in the number of tourists visiting Iran from Europe, but on the flip...
- Iran Sees Opportunity in Cryptocurrency and Blockchain to Tap Tourism Sector Sanctions imposed by the US on Iran in May 2018 last year had led to many believing that the tourism sector in Iran was going to take a serious hit from these economically punitive actions.
- The government in Iran is already eying the opportunity which is lying at the intersection of tourism and cryptocurrency sectors, and along with government authorities, the private sector also is looking forward to leveraging crypto and blockchain for the tourism sector.
- The new initiative of the Iranian government to use cryptocurrencies for transactions has been led by the Department of Cultural Heritage, Handicrafts, and Tourism Organization (CHTO).
- The country hosted the 12 th Tehran International Tourism Exhibition between February 12 and February 15 and during the event, Rmoney exchange unveiled a new digital currency for the tourism sector.
- Now, he regularly contributes world's leading cryptocurrencies related news articles.
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