Friday 22 September 2017

Expedia encourage expansion plans with Bitcoin Technology




Expedia encourage expansion plans with Bitcoin Technology
Definitely, Expedia’s vision is to revolutionize travel through the power of technology. It Uses Technology and Accepts Bitcoin to Revolutionize Travel. Expedia the giant pro-Bitcoin online travel company, has worldwide expansion plans. The statement released that the company was accepting Bitcoin. Also Michael Gulmann – Vice President stated , company is Global Product . Expedia is in a unique position as one of the world’s leading online travel agencies to take care travel planning and booking for our customers and partners alike by adopting the latest payment technologies. In an interview with GeekWire. Specifically, the company’s new CEO will put hard for growth of the company & its huge presence into Europe and Asia. In this regard, Okerstrom sees new technologies and innovations are playing a important role in the travel industry, such as artificial intelligence and voice platforms.
Mark Okerstrom, CEO of Expedia – Explained
However, as per statement to a company press release, Khosrowshahi will remain as a member of company Board of Directors and his active strategic participation is valuable. Mark Okerstrom holds an MBA degree from Harvard. He will take place of Dara Khosrowshahi.Dara is another professional Bitcoin business leader who have clear vision synchronized with the vision of new CEO. As such Expedia is a company that has successfully demonstrated the aggressive use technology to its advantage and company encourage new technologies. Bitcoin is just one example of Expedia’s use of technology. In the year 2014 when Mark Okerstrom was CFO and EVP of Operations, Expedia became one of the huge online travel companies in the world to accept Bitcoin. Khosrowshahi was CEO of Expedia from 2005 until September 2017. Under his leadership, the company enter the world of crypto currency. In this pertext, Media editor, Toddy Bishop, raise query to Okerstrom whether he is expecting alliance with Uber. Okerstrom replied, “I would hope positively for same. We met just in New York . last week I spent a few hours with Dara. I think we both were quite keen & focused on how do we create  each & every opportunity within our boundaries.. At that time, Expedia had emerge as the most popular Web offering giant, comprising seven million users. Now, Expedia owns and manages several products, such as Hotels.com, Trivago, Travelocity, CarRentals.com, Hotwire, and Egencia. Expedia’s acceptance of the cryptocurrency is implemented through expansion of Coinbase. Clients wanting to pay in Bitcoin are re-directed to Coinbase’s website.  Coinbase sets the Bitcoin exchange rate. But you know actually I think it’s possible in the future. I’d love to see it & eagery waiting for the right time.


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