After careful selection and preparation, Bit-Z Alliance Station Bit-M will launch the first round projects on Bit-M's Accelerator program. Balic as one of the projects will start on April, 16th, 2019. 15:00(GMT+8)。
Balic is an open-source cryptocurrency that uses advanced Ethereum blockchain technology and is primarily used as a means of payment for Bali's tourism industry, such as hotel reservations, flight reservations, car rentals, and other tourism facilities. Tourism is the largest employment industry in almost every country in the world. Tourism is also the biggest source of foreign exchange earnings. Tourism is often highly sensitive and susceptible to external influences. Therefore, tourism marketing is very important. Although Balic can say that tourism marketing is as old as culture and tradition, formal tourism marketing is still a new concept for Indonesia. Balic can not only introduce this new concept but also consolidate and develop Bali's tourism ecosphere.
Bit-M believes that with the launch of the new Accelerator Program, the platform application scenarios and the value of BMB will be greatly expanded and enhanced. As a strategic partner of Bit-M, Bit-Z will also provide support in ecological construction, technical services, and other aspects to support IEO. Bit-m will support more startups and potential projects like Balic that contribute to the development of the blockchain industry and improve the ecological development of blockchain.