Fun

Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’

News Feed - 2022-05-13 02:05:42

Report: UAE"s Emirates Airline Set to Use "Bitcoin as a Payment Service"


One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches


The United Arab Emirates (UAE)’s leading airline, Emirates Airline, will soon embrace “bitcoin as a payment service,” the company’s chief operating officer (COO) Adel Ahmed Al-Redha has said. In addition, the airline will add non-fungible token (NFT) collectibles on its webpage.


Reports of the airline’s plan to embrace bitcoin come just a few weeks after it revealed its NFT and metaverse plans. As reported by Bitcoin.com News, the company’s goal with the metaverse launch is to ensure the airline is “aligned with the UAE’s vision for the digital economy.”




In remarks published in Arab News, Al Redha hinted that his company may have to recruit employees to assist it in creating applications which monitor customer needs. He also spoke of the differences between NFTs and the metaverse. He explained:


“NFTs and metaverse are two different applications and approaches. 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.”


The report did not state when the airline expects to launch its bitcoin payment service. Tags in this story Adel Ahmed Al-Redha, Airline, bitcoin payment, Emirates, Metaverse, NFTs


What are your thoughts on this story? Tell us what you think in the comments section below. Terence Zimwara


Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse FEATURED | 19 hours ago "Dr. Doom" Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features FEATURED | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, kamilpetran Previous articleOnecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted Next articleCoinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItGoldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40%


The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly ... read more.Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Helen Partz12 hours agoCoinMarketCap rival CoinGecko acquires NFT startup ZashCoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have
Prashant Jha3 hours agoAnother week of DeFi hacks, but ZK-proof development heats up: Finance RedefinedThe total value locked in DeFi protocols remained below $50 billion after another week of exploits.683 Total views3 T
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’ According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company
Crypto Exchange EurekaX Offers Liquidity Throughput for Traders, Announces 300 ERK Signup Bonus for Early Adopters
Cryptocurrency exchanges are an intricate part of the digital asset industry, as they provide token traders the ability to maximize the fungible quality of tokens. However, a major limitation is liquidity, which is the a
Cointelegraph Innovation Circle8 hours agoNFT projects: Keep your community engaged with these 12 tipsAn engaged, loyal community is an essential ingredient in the long-term success of an NFT project.509 Total views2 Tot
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (
Bitcoin pre-halving correction narrative strengthens as BTC falls below $62K
Martin Young4 hours agoBitcoin pre-halving correction narrative strengthens as BTC falls below $62K“Everyone who wanted to buy into the halving mostly has,” said Capriole Fund founder Charles Edwards.7890 Total views
Telegram to get Mini App store by the end of July — Pavel Durov
Vince Quill7 hours agoTelegram to get Mini App store by the end of July — Pavel DurovAccording to the company, Telegram has over 900 million monthly active users and ranks among the top 10 most downloaded apps worldwid
Coinbase Sees Rising Altcoin Interest As Traders Prepare For Big Moves
Este artículo también está disponible en español. A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Do
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency.
Shiba Inu Hits Monthly Peak — Is Another Record-Breaking Rally Coming?
Este artículo también está disponible en español. Recently, Shiba Inu (SHIB) has exhibited promising momentum, thereby attracting the attention of both investors and trad
Helen Partz13 hours agoTornado Cash developer Roman Storm released on bail, lawyer saysRoman Storm’s lawyer, Brian Klein, said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the cha