BackPacker Coin (BPC)

The latest 2018 report by the World Travel and Tourism Council (WTTC) shows that the World Travel industry has increased a healthy 3.9% over last year. Overall, the hospitality sector is worth more than $8.8 trillion, according to the latest estimations, and employs a staggering 319 million people. Despite the global credit crunch, The sector has sustained growth over the last decade. The travel industry is also gaining traction because of the popularity of social media, especially on Instagram and Facebook. The industry is expected to post record numbers this year as well.

But, conversely, the issues for travelers and BackPacker Coin remain due to the conventional banking environment. Countless credit card fees, exchange fees, and travel bookings mean that a large slice of the traveler’s budget is lost in transactions and not on actual payment of the Travel industry itself.

At BackPacker Coin, we aim to release a digital currency that solves all the problems faced by the current and future generations of travelers worldwide with a universal stablecoin payment project.BackPacker Coinoffers negligible transaction costs with instant payment capability rather than getting stuck in the never-ending transaction vortex.