Phoenix Hotel and Resort (PHR) will accept cryptocurrencies from visitors.

It has signed a memorandum of understanding with the cryptocurrency project Vallix Monday.

Customers will get a financial reward in cryptocurrencies when they post their experiences at the ski resort in the northern Gangwon Province.

Customers will get a discount of up to 35 percent when the three customers visit the resort and settle bills in Vallix cryptocurrency.

Belix has also signed an agreement with the Oak Valley Resort in May to establish a blockchain platform accepting cryptocurrencies from the resort customers. Up to 50 percent discount is available to customers when they pay in Vallix cryptocurrency.