How Emirates Airlines integrates BTC into their services
Cryptocurrencies have been a popular discussion topic in recent years. A growing number of companies across the world now accept cryptocurrency as payment for goods and services. Coinmap, a specialized service for locating establishments that take cryptocurrency, is helpful. There aren’t many places to pay with BTC in Eastern Europe, but plenty is throughout Europe, the United States, and Latin America. Even the world’s top corporations are embracing cryptocurrency.
Cryptocurrency and metaverse interest
Emirates Airlines, one of the largest airlines in the United Arab Emirates (UAE), has announced an innovation. This presupposes that the company will begin taking bitcoin payments for services. According to Adel Ahmed al-Redha, the company’s chief operating officer, innovative digital solutions such as blockchain, cryptocurrency, and meta technologies will be implemented as part of the devised strategy for quicker and more flexible engagement with consumers.
From May 9 to 12, the Arabian Travel Market was hosted in the United Arab Emirates. Adel Ahmed Al-Reda, Emirates Airlines’ CEO, was one of the keynote speakers. In a press conference, he expressed interest in employing blockchain for aircraft accounting and meta-universe technologies. “Metaverse will move traditional training and ticketing processes into the digital realm, making them more engaging,” he explained.
Web 3 and NFT market
He revealed the company’s bold aspirations to explore the Web 3 sector. The airline will use blockchain technology to gather and analyze flight data, as well as provide the option to pay with bitcoin and sell NFTs. For that purpose, Emirates Airlines is expanding its workforce. The startup has already advertised job openings in blockchain and virtual space product development.
In addition, he discussed the situation of the industry following the COVID-19 outbreak. According to a carrier spokesperson, the sector is gradually rebounding as demand for foreign flights rises. As previously said, the UAE is on its way to becoming the blockchain capital. The nation is rapidly licensing crypto companies, luring developers, and encouraging Web 3 startups.
However, the range of crypto-friendly countries is rapidly increasing. Furthermore, significant international organizations are advocating adopting cryptocurrency. As a result, it is reasonable to expect that the majority of firms accepting cryptocurrency will skyrocket soon. It will also be much easier to spend digital currency on something tangible.
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Furthermore, the bit4you website has built an education section for everyone interested in learning more about the cryptocurrency industry. After studying at the Academy, you are free to develop and test your trading techniques based on your own experience and preferences. Please, however, appreciate our frequently updated cryptocurrency list as well as the most recent news that we offer by email.
Valentyna Bereza, Team bit4you.