Emirates airline will accept Bitcoin as a payment method

The largest airline in the United Arab Emirates (UAE) has announced that it will incorporate Bitcoin (BTC) as a means of payment. In addition, the Emirates airline will also launch non-fungible tokens (NFTs).

To remember, Emirates Airlines, made public for the first time in April its plan to spend millions of dollars, in a strategy to extend its services to the Metaverse. And, develop collectible NFTs.

Now, the chief operating officer (COO) of Emirates, Adel Ahmed Al-Redha, stated about the incorporation of Bitcoin at a media meeting at Arabian Travel Market. Stating, that Emirates will be onboarding new employees who will focus on Blockchain-based projects. For example, Metaverse and NFT.

«The aim of these ideas is to ensure that the Emirates airline is aligned with the UAE’s vision for the digital economy».

As a curious fact, Adel Ahmed Al-Redha, did not say when the new functions would be available. But, he clarified that it will be “in Brief». In addition, he revealed plans to recruit new employees.

Now you can pay in Bitcoin to fly around the world on Emirates Airlines

In fact, Adel Ahmed Al-Redha, added that Blockchain-related plans are part of Emirates Airlines’ strategy to better monitor customer needs. And so, turn website operations, training and sales into more interactive processes.

«With the Metaverse, Emirates Airlines, you will be able to transform all your processes. Whether in operation, training, sales on the website or full experience, in a Metaverse-type application. But more importantly, make it interactive».

In conclusion, Al-Redha said that Emirates Airlines has recovered strongly. Which is evident in the number of travelers. However, he pointed out that the availability of resources through the network is the biggest challenge. But, they are in a better position than other countries because of accessibility.

Which other airlines integrate blockchain technology?

  • Latvian airline airBaltic was the first in the world to accept Bitcoin payments for its airline tickets in 2014. Now, it also accepts Ethereum and Dogecoin.
  • Air France, in February 2021, partnered with several organizations to create a Blockchain-based system. Where you check the results of COVID-19 tests.
  • In October 2021, the president of El Salvador, Nayib Bukele, announced that the airline, Volaris, would accept Bitcoin. However, that plan has not yet been implemented.

I close with this quote from Ashley Alder: “The rise of cryptocurrencies has caught the attention of market regulators to the point of being part of the 3Cs: COVID, climate change and cryptocurrencies».

Previous Post
Next Post