Hello from sunny Barcelona, the city with the best climate in Europe!
At Hotel Ginebra we like to keep updated on the latest trends and novelties.
What is always interesting to us and to hotels in general is not only the source of the reservation (the hotel’s own website, or OTA’s like Booking.com, Expedia, Agoda and others) but also the way the reservation is processed.
This process has changed dramatically over the years and it looks as if a major new innovation is about to conquer the market space: payments in cryptocurrencies.
For those of you who have never heard of cryptocurrency, you may have heard of Bitcoin. Bitcoin is a digital form of transferring payments which is not issued by a central bank, but rather by a global community
Although Bitcoin functions extremely well and it’s value on the cryptocurrency exchanges keeps rising at an incredible pace – and adoption on Wall Street is around the corner – we have decided to build our new cryptocurrency payment system around another coin, namely ADA.
ADA is the end result of a larger project called Cardano which amongst others is designed to offer new payment options to the three billion people on our planet that are unbanked.
The Cardano project was conceived in Japan and is now under development by technological company IOHK based in Hong Kong.
The project of creating our new payment system for cryptocurrency enthusiasts on the other hand has been outsourced to our in-house programmer who resides in Brasilia, the capital of Brazil. Hotel Ginebra is a nice example of how even a relatively small business can go global!
We expect to start testing our ADA payment-system by the end of November and launch is expected around the new year.
For any more information on this exciting new development and on ADA coin in general please leave your comments and we will get back to you as soon as possible.