According to reports out today, local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM.

The project is set to see the government approve work by a company called TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments.

According to Bitcoinist.com, Kate Jones, Queensland’s Minister for Innovation and Tourism Industry Development has said:

In essence, this will allow merchants in Queensland to see a roll out of cryptocurrency adoption, which in turn promises to bring new customers to a range of shops on the premise that they are able to spend a range of different cryptocurrencies in there.

It’s a project that the CEO of TravelbyBit, Caleb Yeoh is excited about:

See more for yourself, here.

It’s an exciting prospect for cryptocurrency……………..