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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%


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