Review on Bali Coin by Kudiyarhan Buranbaev

Name: Bali Coin
Item: Bali Coin
Rating: 3

April 18, 2021

The project was launched long ago by Indonesia.

BALI is a cryptocurrency created to be used as a means of payment in the tourism industry, for example for hotel bookings, ticket reservations, car rentals, and other tourism facilities. BALI coin is an open-source cryptocurrency, using advanced Ethereum blockchain technology.
Bali Coin is based on the Ethereum ERC20 platform coin, which has the potential to become the biggest smart contract system in the world for the travel and tourism market. Bali Coin is vouchers for wholesale prices and discounts on travel activities, such as: purchasing airplane tickets, booking hotels, hiring cars, buying gifts, etc., at Bali Coin Network of Merchants.
By offering cryptocurrency, BALI Coin will ensure that travelers can avoid the currency conversion charges. Another benefit is that traveler does not have to carry a lot of cash which will be needless, which is extremely convenient for travelers who are traveling in foreign countries. [2]
ALI Coin also makes travel easier by helping travelers to avoid bank fees associated with withdrawing money from an ATM or even utilizing credit cards in foreign countries' platforms. It is also the ultimate solutions for tourists who have the following problems when they travel abroad: Lost credit/debit cards, Credit/Debit Cards got declined, Credit/Debit Cards got hacked, and Fail to withdraw money from ATM. [3]A long time ago, this project was launched in Indonesia. Making tokens is the goal of the project. They put on the market, more common in the industry. In many places for users, it offers coupons for discounts such as flights and reservations. Although this project has been on the market for a long time, it has not achieved much success. That the project has almost 3000 users, I came across such information in my research.
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Pros