Since March 5, 2018, the German National Tourism Council, based in Frankfurt, accepts payments in cryptocurrencies such as Bitcoin for services, in response to their interest in using the blockchain technology that supports cryptocurrencies in the German and international markets.
Mainly funded by the Ministry of Economy and Technology of Germany, the GNTB serves to promote tourism within Germany, developing products and strategies to establish a positive image of the country. Throughout the world, the organization includes thirty-two representative offices.
According to the president of GNTB, Petra Hedorfer, recent trends in technologies are under constant review, as well as their application to the organization. By striving to be an innovative global company that drives the tourism industry, it was decided to implement blockchain and cryptocurrencies as part of the Board’s digitalization strategy.
Providing additional speed and security for transactions, the acceptance of cryptocurrencies (in their respective block chains) can offer financial savings for international transactions, as well as their transparency.
Following the 500-year mark of the Reformation (recognized in 2017), upcoming events in Germany include the European Athletics Championships in Berlin this August, 100 years of the Bauhaus in 2019 and, in 2020, the 250th anniversary of Ludwig van Beethoven
How and where cryptocurrencies can be used in German travel
History abounds throughout Germany and in Europe in general, which makes travel an education; Pay for experiences with recent advances in Fintech is the (proverbial) cherry on top.
The Bavarian castle of Neuschwanstein is a fairy tale, begun in 1886, and not yet perfected when the death of King Ludwig II in 1886. Inspired by the music and characters of Richard Wagner’s operas, the castle was built as a sanctuary private. of the public eye. Now it is home to almost 1.5 million tourists every year.
UNESCO World Heritage Site since 2000, due to its Benedictine Abby, the island of Reichenau invites guests to the German border with Austria and Switzerland, on Lake Constance.
Meanwhile, Europa-Park offers a modern rest all year round of the ancient castles, operating as the main theme park in Germany, the largest theme park among German-speaking countries.
The first cryptogenic airport in the world in Australia, along with Japanese Peach Aviation’s plans to incorporate cryptocurrencies throughout 2018, are proof that the GNTB is going in the right direction, accepting Bitcoin (among other cryptocurrencies) as payment for travel / tourism related services.