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

Emirates Airlines, the national carrier of the United Arab Emirates, has become the latest big name to announce plans to add “Bitcoin as a payment service.”

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.

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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.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia