‘Bitcoin To Fly’ As UAE’s Largest Airline Emirates Embraces BTC Payments

Popular Show South Park Predicts Bitcoin As The Only Acceptable Means Of Payment In The Future

Emirates, the biggest airline carrier for the United Arab Emirates (UAE) has announced plans to add “bitcoin as a payment service.”

Speaking at the Arabian Travel Market in Dubai, the airline’s Chief Operating Officer (COO) Adel Ahmed Al-Redha stated that they would soon be rolling out a Metaverse and Non-Fungible Tokens (NFTs), a local media house reported on May 13.

The plan according to Mr. Ahmed was to place Emirates at the front of the disruptive blockchain technology, while at it, connecting with customers faster and in a more flexible way. The airline would thus start hiring new staff for its metaverse and NFTs division to help in the monitoring and improvement of customer services.

“With the metaverse, you will be able to transform your whole process-whether it is in operation, training sales on the website, or complete experience into a metaverse type application, but more importantly making it interactive,” Ahmed said, adding that they also intended on using blockchain technology in tracking aircraft records.

Additionally, Emirates had plans to integrate Bitcoin as a payment option while adding NFT collectibles on the company’s website for trading purposes.

“The first projects are already underway”, Mr. Ahmed said adding that the Emirates Pavilion at Expo 2020 Dubai  “will be repurposed into a center for innovation, including the development of the airline’s metaverse and NFT projects.”

This is not the first time Emirates, the UAE’s largest airline has shown interest in the digital assets ecosystem.

In an announcement last month, the airline had said that it “will soon launch NFTs and exciting experiences in the metaverse for its customers and employees” as part of its plan to be a leading airline in Web3.

In a comment at the time, Sheikh Ahmed bin Saeed Al Maktoum, Chairman, and Chief Executive, Emirates airline and Group said: “Dubai and the UAE are blazing the way in the digital economy, having a clear vision supported by practical policies and regulatory frameworks in areas such as virtual assets, artificial intelligence, and data protection.”

Currently, the list of airlines accepting Bitcoin for payments includes; AirBaltic, LOT Polish Airlines, and Peach Aviation among others. Billionaire Richard Branson has proclaimed that his futuristic commercial space project Virgin Galactic will also accept bitcoin.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Follow Us

Most Popular

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.
On Key

Related Posts

Bitcoin Poised For Recovery, Relief Summer still In Play?

Bitcoin has been able to make a resurgence in recent weeks. The 25,000 USD barrier was recaptured by Bitcoin prices just two days ago, marking the first time since June 13th. Bitcoin Poised For New Rally In June, Bitcoin had its largest monthly decline since 2011, falling over 37.3% to a final value of $19,925.

Expert Reveals How “Fake Supply” Is Killing Your Bitcoin Gains

Caitlin Long, the founder and CEO of Custodia Bank, reveals that the BTC price should have hit somewhere close to six figures in the previous cycle. In an interview with Robert Breedlove’s “What Is Money” podcast, Long reveals that “paper bitcoin” has created a fake supply of BTC. The 21 Million Trap Bitcoin’s limited supply

Selling Bitcoin In Fear Of Mt. Gox dump? Here’s What Expert Suggests

Mt. Gox, a Japan based cryptocurrency exchange lost around 850,000 Bitcoins in an alleged hack back in 2014. It has been reported that the creditors will begin to receive some of the stolen assets. However, this event has raised vital concerns regarding the price stability of Bitcoin. Creditor to choose Bitcoin’s fate? As per reports,

Soneva’s Luxury Resorts Now Accept Crypto Payments

Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.” Soneva Accepts Cryptocurrency Payments Luxury resort chain Soneva has reportedly begun accepting payments in