The Spanish hotel that became the first business in the world to accept Cardano

The Hotel Ginebra of Barcelona announced to the global community of cryptocurrencies that they now accept Cardano's ADA cryptocurrency as payment. This makes it the first business in the world to accept cryptocurrency.

Hotel Ginebra is a boutique hotel in Plaça Catalunya, one of the most privileged places in the heart of the city of Barcelona in Spain. It is also the first business in the world to accept Ada, the Cardano cryptocurrency that was launched at the end of September.

Alfred Moesker had owned a hotel in Rome for years before arriving in Barcelona and with his partner Yvonne Daniels took over the Hotel Ginebra in 2013. Alfred and Yvonne are innovative managers who believe that Ada can bring great benefits to the hotel industry , as well as the world in general.

Alfred met Ada after reading an article online. At that time, I was learning about Bitcoin but was driven away by the huge volatility of the prices, since the fluctuating values ​​were not pleasant or predictable for a company. Instead, he wondered if alternative currencies could play a role in his business. A friend warned him that the cryptocurrency was "like the wild west" because it was an emerging technology, but he kept up with his research and came across Cardano and the IOHK slate videos.

"I liked the idea behind the cryptocurrency," Moesker said. "The peer to peer principle is definitely very attractive to us personally. We have had our bad experiences with banks and the idea that there is something else that can make the system a bit more fair sounded very attractive. "

Ada could also bring great benefits to the hotel industry from his perspective.

In an interview made for cardanofoundation.org he said:

Accepting a cryptocurrency in general opens up a new segment of the itinerant global population. Accepting Ada will be very important to give us the opportunity to also return to peer-to-peer relationships with our potential clients. Nowadays, the big reservation portals have so much commercial power that you are at their mercy. "

The Geneva Hotel website refers to your acceptance of Ada to reserve a room. The reservation process is currently a bit long but they announced that they are working to optimize it.

To book a room, the user search for availability in their system, then send an email with the type of room, the date of stay and the price.

Once confirmed the availability and the price, the hotel blocks the room and they send you an email with the address of your digital wallet and the price in Ada

From the moment the room is locked, the client has 12 hours to transfer the payment in Ada. Once received the payment will send an email with the confirmation of the reservation.

Moesker liked the fact that Ada had been designed to be used as a cryptocurrency and also as part of Cardano, a system that "would lay the foundation for many projects in the encryption industry for many years." "We have a strong feeling that Ada is a product that will do well in the world and that has been created for the right reasons," he said.

Imagine if Ada is globally distributed. Many more people, who now do not have a credit card or have credit rating problems and can not easily make a hotel reservation, by using the ADA you can make a reservation in a minute. In our opinion, it will promote global financial equality, at least that seems very likely from what we see happening with the hotel reservation process and the hotel industry. "

His words about what attracted Cardano and his community in an interview made by Olga González were:

It's hard to define ... it's just one of those things you find in your life sometimes and you just know it's okay, even when you only understand a fraction of the "why" at that moment.