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

Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Marcel Pechman2 hours agoBitcoin price hits $61K, but investors still prefer stocks and bonds right nowInvestors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve"s September meeting.
JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading
JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal TradingJPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice,
Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday
Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The
FanSociety creator explains how NFTs can bring musicians and fans together
Ray Salmond9 hours agoFanSociety creator explains how NFTs can bring musicians and fans togetherFans want to journey alongside their favorite musicians as they explore their creativity and expand their catalog. FanSociet
Arijit Sarkar58 minutes agoKansas adjourns crypto bill targeting political donations to January 2024The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditur
Gareth Jenkinson13 hours agoFirst EU spot Bitcoin ETF hits Euronext Amsterdam exchangeThe Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch.5552
Brayden Lindrea3 hours agoCalifornian lawmaker proposes legislation to protect actors from AI clonesCalifornian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of a
Dogecoin ‘Looks Undeniably Impulsive’ – DOGE/BTC Ratio Uncovers Strong Accumulation
Este artículo también está disponible en español. Dogecoin has kicked off the new year with an impressive 29% rally from local demand levels, captivating investors and si
Market Strategist Says Bitcoin’s Best Days Are Ahead, Won’t See Restrictive Fed Policy Anytime Soon
Market Strategist Says Bitcoin"s Best Days Are Ahead, Won"t See Restrictive Fed Policy Anytime Soon The founder of investment management firm Michael Lee Strateg
BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week
BTC"s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week As bitcoin’s value has increased, the global hashrate has been
$931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs
Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency availab