It may seem surprising that during a time of uncertainties in the world of cryptocurrencies, there are organizations that are keen to permit crypto payments! One of them is Hublot, the luxury watchmaker, based in Nyon, Switzerland. It has decided to accept payments in digital currencies for a limited number of products. Another one is Prague City Tourism. In this article there are some countries that accept payment through digital currency.
Hublot’s Success in the Business World
The name refers to a watchmaker, who specializes in luxury watches made via the technique of fusion. Fusion points towards the combining of diverse materials, such as waterproof and hard-wearing rubber, carbon fiber, and fine ceramics.
The watches are glorious in their appearance since they combine both, modern and traditional designs. Today, they have gained a grand reputation across the globe, thanks to the efforts of Hublot’s founders, Jean-Claude Biver and Carlo Crocco. They have ensured that the process of watch-making remains a seamless one, making the best of classic and contemporary materials and modern techniques. The Hublot brand even integrates itself into sports institutions and icons.
Hublot acquired publicity in 1980 at Baselworld. The name originated from French, and means, porthole. Therefore, Crocco’s first offering was a porthole-shaped case. Furthermore, it was the first luxury watch with a natural rubber strap. True, success was not immediate, and Crocco had to rope in Jean-Claude Biver to handle the marketing. However, since then, Hublot has become an award-winning success in the business world.
Hublot and Digital Currencies
As mentioned earlier, Hublot has decided to experiment with cryptocurrencies. Therefore, it has sought the assistance of BitPay to handle payments with virtual currencies, especially with Bitcoin. BitPay is a payment service provider dealing with BTC.
Hublot linked this announcement with the launch of 200 watches, part of the collection called ‘Big Bang Unico Essential Gray’. Purchasers may access them only via the company’s US e-Boutique platform. The platform is compatible with digital currency transactions. The most favored coin is Bitcoin. The purchase will be in accordance with the current price of the luxury watch selected by the customer.
Of course, Hublot is not the only luxury watchmaker that has decided to add a new mode of payment to its existing ones. For instance, there is Tag Heuer, another creator of luxury watches. However, this organization is ready to accept other coins, along with Bitcoin.
An Introduction to Prague City Tourism
The Czech Republic’s capital city is Prague. It is a well-known cultural and economic center. Visitors are enthralled by the superb architectural heritage on display. The city is a fascinating mix of ancient history and urban culture. In fact, Prague is the City of a Thousand Spires.
Naturally, Prague City Tourism is keen to place all the sights and sounds of the city into one fascinating package. Therefore, tourists may pay for touring tickets with cryptocurrencies, if they so desire. Ethereum and Bitcoin remain the most favored digital currencies. Global Payments would assist Prague City Tourism in helping the transactions to go through successfully.
Tram Line #42
For the locals and tourists, the biggest attraction is the city’s iconic Tram Line #42. This historic line began operating on March 26, 2022. It is amongst the oldest trams in the Czech Republic. The idea is to let people have a joy ride while exploring the best-known sightseeing spots across the city. They include the Powder Gate, Prague Castle, Charles Bridge, etc.
The authorities have worked out a route that connects one destination to another and reaches out to the city center. This way, people will be able to hop on or hop off at whichever destination they please. The Tram Line operates on Thursdays, Fridays, Saturdays, and Sundays. It is also available for visitors on public holidays.
Along the way, if visitors desired to make some purchases, they could pay via their digital assets. However, individual merchants had the choice to accept them, or ask for payment in traditional currencies.
The fares for the Tram Line are categorized as – full fare for all day, or discounted fare for all day. Discounts are for children aged between 4 and 15 years, students below the age of 26 years, the disabled, and senior citizens. Children below three years of age are eligible for free rides.
