In French Polynesia, a partnership between Lyzi, an application dedicated to cryptocurrency payments, and DinoVox, the first Polynesian Web3 company, now simplifies cryptocurrency transactions for local merchants. This collaboration aims to attract cryptocurrency enthusiast tourists from around the world, by offering conversion to local currency without requiring merchants to directly manage these assets.
Paying with cryptocurrencies in Bora Bora
A partnership between Lyzi, a mobile application allowing cryptocurrency payments, and DinoVox, a Web3 metaverse type environment based in French Polynesia, now allows merchants in the overseas community to accept payments in cryptocurrencies.
In collaboration with several exchange platforms, including Binance, Lyzi provides an infrastructure that allows its users to pay for their purchases with their favorite cryptocurrencies almost instantly.
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With this system, traders do not have to directly manage cryptocurrencies, sincethey receive the equivalent in French Pacific francs in their bank accounts within 24 to 48 hours.
On this occasion, Damien Patureaux, general manager and co-founder of Lyzi declared:
“Lyzi has identified with French Polynesia a natural territory of development and growth, rich in a population open to innovation. By deciding to continue its strategic development on the Pacific islands, Lyzi also shows its desire to work towards the financial inclusion of distant and isolated populations”
Through this partnership, Lyzi and DinoVox hope to attract a share of the 500 million cryptocurrency users worldwide in order to promote tourism in French Polynesia.
“We are now even talking about “crypto-tourism”, a category of consumers who choose their destination based on the possibility of spending their cryptocurrencies in local businesses. Supporting Lyzi means offering the Fenua economy the opportunity to capture this new tourist clientele”
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Finally, the PICS Academy, an academy founded by Hellmouth Banner, CEO of DinoVox, will take over training for traders on the use of this new infrastructure and will also provide after-sales service for the application.
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First attracted by the lure of gain, I am now trapped deep into the rabbit hole. With no way out, I just have to share my knowledge and convey the passion I have for the world of blockchain. I am also the creator of Adopt a Block, an educational site dedicated to Bitcoin.
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