Emirates Airline to Accept Bitcoin and Adopt Blockchain to Attract New Users

DailyCoin

Published May 13, 2022 08:00AM ET

Updated May 13, 2022 08:30AM ET

Emirates Airline to Accept Bitcoin and Adopt Blockchain to Attract New Users

Emirates Airline, the national flag carrier of the United Arab Emirates and the largest airline in the world, has become the latest big name to announce plans to add “Bitcoin as a payment service.”

Emirates Airline to Accept Bitcoin

One month after Emirates Airline flew into the metaverse, the UAE flag carrier has revealed its plans to embrace advanced digital solutions and accept Bitcoin as a payment service.

The adoption of Bitcoin is part of a strategy by Emirates airline to connect with customers in a faster, more flexible way.

Emirates Airline also Expresses Interested in NFTs and the Metaverse

Chief Operating Officer of Emirates Airline Adel Ahmed Al-Redha outlined that the Dubai-based airline would be hiring new staff with metaverse and NFT expertise as part of its efforts to develop applications to monitor customer needs.

He added that “NFTs and the metaverse are two different applications that we are interested in.”

Al-Redha further explained that the airline would also be working to adopt blockchain technology to assist in the tracing of aircraft records.

On the Flipside

  • Recent documents show that the EU commission is moving to favor a ban on large-scale stablecoins in light of the UST saga.

Why You Should Care

The move from Emirates Airline to embrace crypto mirrors the plans by the United Arab Emirates to become a global crypto hub.

Continue reading on DailyCoin