M2O Booking Service, which is recently launched, is going to allow users to book over 600,000 hotels around the world by using M2O coins, with beta testing to begin in November 2019. So, M2O Booking Service is launched by MTO Global Pte, a blockchain company based in Singapore.
Cryptocurrency for Hotel Bookings
It has been reported that the M2O Booking Service allows customers to carry out their bookings by transacting M2O coins, rather than using credit cards on other platforms. The use of cryptocurrency will also further safeguard user privacy.
Henry Kim, the CEO of MTO Global Pte revealed that with convenient and practical use cases, M2O has the possibility to quickly gain more users in the cryptosphere.
Henry Kim stated:
“Cryptocurrency is completely different from stocks and bonds. Because it’s the practical use that matters most for crypto coins.”Henry Kim
“M2O coin will be one of the fastest-growing cryptocurrency in regard to a practical use case.”Henry Kim
Likewise, Kim declared the company’s plans to introduce services that are going to promote further use for the token.
“We will open a coin exchange in Korea in November before establishing an overseas exchange. The overseas exchange is expected to be the cornerstone of the country’s smart city projects, contributing to solving resource and infrastructure shortages and transportation problems as well as improving the citizen’s quality of life. We are currently discussing with many Korean companies to form a consortium for the overseas exchange and will make a public announcement soon.”Henry Kim
M2O coins are traded on global coin exchanges, including BitForex and IDAX.