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Emirates To Accept Bitcoin Payments, Allow NFT Trading On Its Website

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Emirates To Accept Bitcoin Payments, Allow NFT Trading On Its WebsiteEmirates Airlines, one of the United Arab Emirates (UAE) leading airlines, announced that it will adopt Bitcoin as a payment option for customers looking to fly with the airline, which ranks #5 among the top 20 airlines according to Airline Ratings.

The announcement was made by the company’s chief operating officer (COO), Adel Ahmed Al-Redha, on Friday, May 13, who mentioned that Emirates Airlines, would soon accept “bitcoin as a payment option.”

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In addition, the airline’s websites will feature non-fungible token (NFT) collectibles for trading purposes.

Speaking at the Arabian Travel Market, Adel Ahmed Al-Redha said the airline will recruit additional workers for metaverse and NFTs to build apps to monitor consumer demands.

Read Also: UAE Backs Down, Gives Air Peace 7 Slots At Dubai Airport

Ahmed Al-Redha stated that NFT and metaverse are two different approaches, stressing that the airline would utilise blockchain technology to trace aircraft records.

He said;

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.

Al-Redha said Emirates wants to adopt innovative digital technologies such as blockchain, metaverse, and cryptocurrency to engage with consumers in a faster and more flexible manner.

Read Also: NCAA Explains Why It Withdrew Frequencies Approval For Emirates Airlines

When asked about the state of the aviation industry, Al-Redha noted that the sector had recovered well, as seen by the increased number of passengers.

However, he expressed that the accessibility of the resources throughout the network is the most significant obstacle, but he added that they “are in a better position than other countries because of the accessibility.

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