• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Archives for Emirates

Emirates

UAE’s Emirates Airline Plans to Accept Bitcoin as a Payment Option

May 13, 2022 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.

Filed Under: World, Bitcoin News Tagged With: Emirates, UAE

Primary Sidebar

Recent Posts

  • JPMorgan Begins Utilizing Blockchain for Collateral Settlements May 27, 2022
  • MetaMask Joins Hands With Asset Reality to Assist in Recovering Stolen Crypto May 27, 2022
  • Bitcoin knowledge, the biggest flex May 27, 2022
  • Fakesters use LUNA 2.0 airdrops to target users May 27, 2022
  • Tether-ing in Mexico May 27, 2022

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2022 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.