UAEโ€™s Emirates Airline planning to employ โ€˜Bitcoin as a payment serviceโ€™

UAEโ€™s Emirates Airline planning to employ โ€˜Bitcoin as a payment serviceโ€™

As part of its ambition to engage with customers in a manner that is both faster and more flexible, Emirates, the national airline of the United Arab Emirates, intends to use cutting-edge digital technologies such as blockchain, metaverse, and cryptocurrency.

The Chief Operating Officer of Emirates, Adel Ahmed Al-Redha, has said that the airline intends to employ Bitcoin as a payment service while simultaneously introducing non-fungible tokens, also known as NFT collectibles on the companyโ€™s websites for trading purposes, making these remarks while attending the Arabian Travel Market reports Arab News on May 11.

Al-Redha also stated to a media gathering that the airline headquartered in Dubai will hire new staff for the metaverse and NFTs, in an effort to develop applications to monitor customer needs.

โ€œNFTs and metaverse are two different applications and approaches,โ€ he discussed and said that the airline would look at using the blockchain to trace records of planes as well.

Metaverse can transform company processes
Regarding the metaverse the CEO opined:

โ€œWith the metaverse, you will be able to transform your whole processes โ€” whether it is in operation, training, sales on the website, or complete experience โ€” into a metaverse type application, but more importantly making it interactive,โ€ he said.

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