Emirates Airline Plans to Accept Bitcoin (BTC) and Launch Web 3.0

Emirates wants to accept Bitcoin and dive into Web 3.0

Emiratesthe leading airline in the United Arab Emirates, revealed that it wants use Bitcoin as a payment method for his service.

In addition, the company is considering a complete transition to Web 3.0 considering the unusable tokens and the metaverse for different use cases. It will include two solutions aimed at enhancing the customer experience, as well as staff training, as well as selling NFT collections.

Emirates is not the first airline to operate on the blockchain. AirBaltic has accepted Bitcoin since 2014, and forwarded it to Ethereum (ETH) and Dogecoin (DOGE) last year. However, the Dubai company stands by offers a more global solution.

In fact, Adel Ahmed Al-Redha, the company’s chief operations officer, has determined that this adoption will be as far as tracking the aircraft’s data records. in the blockchain.

To meet all of these needs, Emirates will recruit staff accordingly. So far, we have no further information about possible dates or the exact content of these various projects.

👉 To proceed – Find our guide to buying Bitcoin (BTC)

The Arabian Peninsula in front of the blockchain

This news reflects the dynamics of the region vis-à-vis the blockchain. It’s also a part thanks to it regulatory clarity that Binance opened a cryptocurrency hub in Dubai. Recently, it also obtained a crypto-asset service provider license, valid in Gulf Cooperation Council (GCC) states.

For its part, the Digital Assets Regulatory Authority (VARA), Dubai’s financial police, landed in the metaverse of The Sandbox (SAND) earlier this month. to open a seat.

As for Emirates, if all the company’s ambitions regarding Web 3.0 were still lacking in clarity for the general public, it nevertheless joined the long list of well-known companies, which were chosen to be back to our ecosystem.

👉 Read also – Dubai: the regulatory authority makes its metaverse debut in The Sandbox

Source: Arab News

Newsletter

Get a crypto news recap every Sunday 👌 And that’s it.

What you need to know about affiliate links. This page presents properties, products or services related to investments. Some links in this article are included. This means that if you buy a product or register a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. It has no effect on you and you can still get a bonus by using our links.

Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be responsible, directly or indirectly, for any damage or loss caused after the use of a good or service featured in this article. Investments related to crypto-assets are risky in nature, readers should do their own research before taking any action and invest only within the limits of their financial capability. This article does not contain investment advice.

About the Author: Vincent Mayor

twitter-soothsayerdata

I was embarrassed to discover the world of the blockchain at the end of 2018 during my search for financial freedom. Initially invested in moderation, it was only two years ago that I gambled betting on everything in the movement that had formed before. I dedicate 2021 to training myself better to gain more knowledge and seriousness. As I’ve always wanted to say: I still have a billion things to learn. And what I know, I want to share with you.
All articles by Vincent Maire.

Leave a Comment