Emirates Airlines Will Start To Accept Bitcoin And Release NFT Collection

  • Emirates Airlines are welcoming the latest technologies like NFTs and metaverse with a warm heart to extend its reach.
  • During a media meeting, Emirates COO stated that the airline based in Dubai will onboard fresh workers concentrated on projects associated with blockchain.
  • Airlines as well as airports all over the globe are seeking ways to blend in cryptocurrency payments as well as blockchain based tech.

Bitcoin In Airspace

Emirates, the greatest airline in United Arab Emirates (UAE), made an announcement that it has strategies to implement Bitcoin payments and release non fungible tokens to be traded via the websites of the organization.

During a media gathering conducted at the Arabian Travel Market, Adel Ahmed Al-Redha, Chief Executive Officer of Emirates, purportedly said that the airline based in Dubai will onboard fresh workers on deck who will primarily concentrate on blockchain related projects like NFTs, metaverse, cryptocurrency payments, and blockchain tracing.

As per Al-Redha, the airline is seeking to utilize blockchain to keep aircraft records. Furthemore, airline executive pointed out that it might use metaverse to change its processes like website sales, operations, training and other experiences associated with airlines into virtual space. Emirates COO thinks that this will render the processes “more interactive.”

Airlines Getting Back On Leeway

Setting this aside, Al-Redha mentioned that the airline sector is steadily making a comeback as there are myriads of travelers coming in. To extend its reach, the organization is embracing latest tech like a Bitcoin payment service, and NFT collections to be traded.

Airlines and airports all over the world have been looking into ways to combine cryptocurrency payments and techs. During February 2021, Air France collaborated with many organizations to make a system based on blockchain which validates Covid-19 test results.

During March 2021, airBaltic, Latvian airline, added Ethereum (ETH) and Dogecoin (DOGE) into its payment options. The airline has been accepting bitcoin back since 2014 and enables the utilization of other crypto assets such as USD Coin (USDC), Gemini Dollar (GUSD) and Binance USD (BUSD).

During October 2021, Nayib Bukele, President of South American nation El Salvador made an announcement that it is going to accept Bitcoin payments. The declaration followed the nation’s push for adoption of BTC when it announced it as a legal tender.

Source: https://www.thecoinrepublic.com/2022/05/14/emirates-airlines-will-start-to-accept-bitcoin-and-release-nft-collection/