It appears bitcoin adoption continues to thrive in India these days. Albeit there is no official regulation for bitcoin in the country just yet, the popular cryptocurrency has become an accepted form of payment for many service providers. Thanks to the UnoCoin mobile wallet, Indian residents can now top up their Bookmyshow wallet with bitcoin.
BookMyShow Now Accepts Bitcoin Topups
India is banking heavily on mobile applications being the future of finance. With so many mobile users compared to regular computer owners, it is not surprising to see such a shift take place right now. This is also part of the reason why mobile bitcoin wallet services are becoming so popular in India these days, with UnoCoin being one of the market leaders. The company continues to make inroads to bring bitcoin payments to other services as well.
As the name of this particular app suggests, BookMyShow is a popular mobile tool that allows users to order tickets for movies, plays, concerts, sports, and other events in their city. This one-stop mobile solution makes it easy for users to organize their social life as well as keep their tickets on them at all times. One of the main problems with paper ticket sis how they can be lost, stolen, or simply forgotten. Everyone has their mobile device on them at all times, though.
— Unocoin (@Unocoin) March 11, 2017
BookMyShow is a mobile application available in many different countries, yet India is the first region where bitcoin payments are integrated. It appears the UnoCoin wallet and BookmyShow app have worked out a partnership that integrated both services in the UnoCoin app. This also means this new bitcoin offering works within India’s borders, for the time being. Depending on how successful this new partnership is, BookMyShow may roll out this functionality to other countries around the world, though.
A service like this will help put bitcoin on the radar for consumers. Not only is it a more than viable payment solution to replace traditional finance, but it also empowers users as they can take back full financial control. Combining bitcoin with a mobile app that focuses on the social aspect is a smart decision. Some people will start to talk about how they booked tickets for an event through bitcoin, which will get the ball rolling for future bitcoin adoption in India. All things considered, this is excellent news for bitcoin.
JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.