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by Vignesh Karunanidhi
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.
The airline’s intention to accept bitcoin comes only weeks after it announced its NFT and metaverse aspirations. The purpose of the metaverse launch might be to guarantee that the airline is “aligned with the UAE’s vision for the digital economy.”
Fly Emirates with Bitcoin soon
As part of its ambition to engage with consumers in a faster and more flexible manner, Emirates wants to adopt innovative digital technologies such as blockchain, metaverse, and cryptocurrency.
Emirates Chief Operating Officer Adel Ahmed Al-Redha told a media gathering at the Arabian Travel Market that the airline will recruit additional workers for metaverse and non-fungible tokens, commonly known as NFTs, in order to build apps to monitor consumer demands.
He said that NFT and metaverse are two different approaches. He also added that the airline would utilize blockchain technology to trace aircraft records.
“With the metaverse, you will be able to transform your whole processes whether it is in operation, training, sales on the website, or complete experience into a metaverse type application, but more importantly making it interactive.”
Emirates Chief Operating Officer Adel Ahmed Al-Redha
Emirates aims to use Bitcoin as a payment method and to sell NFT collectibles on the company’s websites, according to the official.
Al-Redha stated the airline sector had recovered well, as seen by the increased number of passengers. However, he noted that the greatest problem is the availability of resources across the network, but that they “are in a better position than other nations because of the accessibility.”
UAE with its recent developments aims to stand at the forefront of crypto adoption. The country has been very welcoming to digital assets and their underlying technology.