Dubai’s Emirates To Accept BTC Payments And Launch NFT

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According to chief operating officer Adel Ahmed Al-Redha, Emirates is adopting emerging technologies such as the metaverse and NFTs to widen its reach.

Emirates, the UAE’s largest airline, has confirmed plans to welcome Bitcoin (BTC) payments and issue nonfungible tokens (NFTs) for trading on its websites.

The chief operating officer of Emirates, Adel Ahmed Al-Redha, recently stated at a media gathering held at the Arabian Travel Market that the Emirates airline will be hiring new potential staff who will be concentrating on blockchain-related projects such as crypto payments, blockchain tracking, metaverse, and NFTs.

Al-Redha said the airline is seeking into adopting blockchain to maintain track of aircraft records. Furthermore, the airline official added that the metaverse could be used to digitalize operations, training, website sales, and other airline-related activities. This, as per the airline’s chief operating officer, will make the procedures “more engaging.”

Apart from that, Al-Redha stated that the aviation business is gradually making a comeback as more and more travelers approach. To broaden its value, the company is investing in new technologies such as a Bitcoin payment service and tradeable NFT collectibles.

Airports and airlines all across the world are exploring methods to merge blockchain-based technology with cryptocurrency payments. Air France collaborated with various firms in February 2021 to develop a blockchain-based technique for verifying COVID-19 test results.

The Latvian airline airBaltic adopted Dogecoin (DOGE) and Ether (ETH) as its payment choices in March 2021. The airline has been accepting BTC and other cryptocurrencies including USD Coin (USDC), Binance USD (BUSD), and Gemini Dollar since 2014. (GUSD).

Salvadoran President Nayib Bukele stated in October 2021 that its airline Volaris El Salvador will welcome BTC payments. El Salvador advocated for BTC acceptance when it declared the bitcoin legal tender.

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Mufasa
Mufasa
Mufasa is the lead writer at CryptoMufasa who likes to share all the latest info on the crypto world with you! Mufasa Enjoys enjoys a good read and recommendations so don't forget to comment on the posts and let him know.

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