Bitcoin gradually pervading the medical tourism industry

Published on : Friday, January 5, 2018

BitcoinThe new technology of Bitcoin has been fascinating travellers worldwide of late leaving its impact keenly felt in car rentals, flights and accommodations.

 

Currently, medical tourism is growing exponentially.

 

An economics professor Marc Pilkington mentioned that medical tourism is presently an industry worth $100 billion, globally, comprising 11 million medical tourists annually. The yearly growth is about 25% worldwide.

 

And, several medical tourists are paying with Bitcoin while travelling abroad to receive medical treatments like organ transplants, health-check-ups, cancer treatments, orthopedic, cosmetic and dental procedures and so on.

 

According to one of the leading magazines on medical tourism, the growth triggers of medical tourism sector are:

 

 

Currently, an increasing number of the institutions providing treatment and services to medical tourists are using blockchain technology and accepting payments in Bitcoin.

 

Furthermore, healthcare services that are based in Canada have also started accepting payments made in Bitcoin.

 

The usage of Bitcoin is likely to be expanded in the tourism industry.

 

Since the Bitcoin technology boasts of a borderless nature it really makes convenient the payments for tourism, particularly the medical tourism sector and healthcare services throughout the world.

 

Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 01 AIME 2018 BB
  • 02 WTM Latin America 2018
  • 03 EMITT 2018
  • 04 AIME-2018 small
  • 05 itb-china 2018
  • 06 Central & Eastern Europe 2018
  • 06 imtm 2018
  • 06 TTF-2018
  • 07 balttour 2018
  • 08 OTM 2018
  • 09 The hotel shows audiarabia 18
  • 10 hotelfair 2018
  • 11 Digital Travel 2018
  • 30 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com