BitLux Travel Developing Proprietary Process To Accept Cryptocurrency Privacy Coins
BOCA RATON, Florida – (COMMERCIAL THREAD) – BitLux, one of the first private aviation companies to accept cryptocurrency as a payment method, now offers a new proprietary internal financial management system that allows customers to use multiple privacy coins to book their flights . BitLux currently accepts Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, but with these new updates, the company can accept privacy coins that offer transaction privacy.
Although privacy coins use a public blockchain network, they are mutually interchangeable with other cryptocurrencies and can conceal the identity of participants and transaction amounts, making transfers untraceable. These coins can give travelers a degree of anonymity in a robust and decentralized manner.
âPrivacy coins bridge the digital finance gap. While many cryptocurrencies can be tracked openly on a ledger system, if your wallet address is found it can be traced from the very beginning. While the traceability of your wallet can be seen as a valuable asset, removing financial privacy can be a very dangerous avenue for travel, âsaid Kyle Patel, executive director of BitLux.
The process is completed with the help of wallet-to-wallet transactions, which is a preferred method for crypto clients because it effectively removes middlemen, high fees, and speeds up the booking process. The current list of accepted privacy coins includes Monero (XMR), ZCash (ZEC), and sometimes Pirate Chain (ARRR).
With nearly 300,000,000 people worldwide investing and using cryptocurrency, BitLux maintains the importance of keeping personal financial information confidential.
“We believe that as a company in the private aviation industry, it is our duty to ensure that our customers can receive (and send) data and information or even currency, in the form that best suits their needs. ”
Based in Boca Raton, Florida, BitLux is an industry leader in chartering large cabin international private jets. BitLux has an extensive and impressive network of private jets around the world, with highly trained staff to welcome and respond to some of the most detailed trips and clients. Company adopts crypto-centric philosophy, accepts major international cryptocurrencies and currencies for full spectrum of flexibility