Starting 1st May 2019, guests of the renowned luxury hotel «The Dolder Grand» can settle their bills in Bitcoin. Thanks to the new mobile app «inapay», developed by inacta AG, cryptocurrencies get effortlessly converted into Swiss Franc or Euro as soon as the payment has been completed.The Zurich based luxury hotel is the first in Switzerland to offer the option to use Bitcoin to pay for accommodation, food and beverages or spa treatments. This is made possible with the introduction of «inapay», a mobile app facilitating the payment process, so the hotel doesn’t have to worry about exchange rate risks or managing cryptocurrencies.

The business idea for redox flow batteries with organic electrolytes derived from lignin (‘Organic Flow’) was already conceived in 2011 and since 2014, CMBlu has carried out intensive research and development. These batteries essentially consist of two tanks of liquid electrolyte and an energy converter, which consists of a large number of adjacent rows of cells and is therefore also referred to as a battery stack. The liquids are pumped through the battery stacks and is charged or discharged as required.

Page 14 of 16