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German National Tourist Board Now Accepting Cryptocurrencies as Payment for Services.Travel

Starting March 5th, 2018, the German National Tourist Board, headquartered in Frankfurt, is accepting payment in cryptocurrencies or digital currency like Bitcoin for services, as a reaction to their interest in utilizing the blockchain technology supporting cryptocurrencies in the Germany and international markets.

Basically financed by the German National Ministry of Economy & Technology, the GNTB serves to promote tourism within Germany, developing products and strategies to establish a positive image of the country. Around the world, the association incorporates thirty-two representative offices.

According to the chair of the GNTB, Petra Hedorfer, recent trends in technologies are constantly under review, and in addition their application for the association. Striving to be a creative global company, driving the tourism industry, the choice was made to implement blockchain and cryptocurrencies as part of the Board’s digitization technique.

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