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Wednesday, May 31, 2023

UAE’s Emirates Airline Set to Use Bitcoin as a Payment Service

UAE’s Emirates Airline Set to Use Bitcoin as a Payment Service – Emirates Airline, one of the UAE’s most well-known airlines, has announced plans to incorporate “bitcoin as a payment service.” The airline intends to hire people to develop programs that track customer wants.

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According to the company’s chief operating officer (COO), Adel Ahmed Al-Redha, the UAE’s top airline, Emirates Airline, would soon accept “bitcoin as a payment option.” In addition, the airline’s website will feature non-fungible token (NFT) collections.

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The airline’s intention to embrace bitcoin comes only weeks after it announced its NFT and metaverse aspirations. The purpose of the metaverse launch, as previously reported, is to ensure that the airline is “aligned with the UAE’s vision for the digital economy.”

Al Redha mentioned in statements published in Arab News that his company may need to hire staff to help it develop applications that track client wants. He also discussed the distinctions between NFTs and the metaverse. 

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He elaborated:

“Metaverse and NFTs are two separate applications and techniques. You’ll be able to turn your entire process — whether it’s in operation, training, website sales, or the entire experience — into a metaverse-style application, but more significantly, make it interactive.”

UAE’s Emirates Airline Set to Use Bitcoin as a Payment Service – However, the report did not specify when the airline plans to begin accepting bitcoin as payment.

People Also Read: Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law

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