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Ocean Independence Now Accepting Cryptocurrencies

19 Jan 2022

Ocean Independence is pleased to now offer clients the option of payment with cryptocurrencies, working in partnership with Austria-based Salamantex GmbH. Founded almost five years ago, this trusted IT and financial service provider will manage the systematic processing of payments and safeguard the smooth processing of all transactions.

Peter Hürzeler, Managing Partner at Ocean Independence commented, "Cryptocurrencies have become an integral part of today's world and will become increasingly important. Therefore, it stands to reason that our clients are now able to pay for their yacht purchase and yacht charter with this type of currency. As one of the first yachting companies to take this step, we are delighted to facilitate the acceptance of most common cryptocurrencies."

Additional support has been provided by industry experts at VISTRA's Blockchain & Digital Asset Team. Georg Oehme, team leader and specialist yachting division member, commented, "We see great potential for the use of blockchain technologies, especially cryptocurrencies, in yachting transactions. Blockchain technology could be the basis for the charter process in the future, although now we see its application mainly in the context of payments. Payment in crypto allows for much faster settlement confirmation compared to payment by bank transfer, and the ability to pay in cryptocurrency will potentially attract new charter clientele. We are very pleased that Ocean Independence has now introduced the process.”  

Currently, there are thousands of different cryptocurrencies worldwide, all with different functions. Those such as Bitcoin and Litecoin serve primarily as a digital currency or store of value and thus offer the same application possibilities as classic money or gold. They are completely suitable as a modern means of payment, which, thanks to a decentralized structure, does not require a bank or other intermediaries. In everyday life, a transaction with cryptocurrencies works in the same way as a classic payment or a normal transfer.

Peter Hürzeler summed up this latest development for the company, "At Ocean Independence, all brokers are poised in the starting blocks to serve customers interested in this new payment option. This will further augment our unwavering provision of customer service which is unparalleled worldwide."

For more information on using cryptocurrency as payment for your next yacht purchase or yacht charter, and for a full list of accepted cryptocurrencies, please contact us.

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