Emirates Plans To Accept BTC Payments And launch NFTs

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Emirates, the largest airline in the United Arab Emirates (UAE), has revealed plans to accept Bitcoin (BTC) payments and issue nonfungible tokens (NFTs) for trading on the company’s websites.

Adel Ahmed Al-Redha, Emirates’ chief operations officer, reportedly mentioned that the Dubai-based airline would onboard new employees focused on blockchain-related initiatives such as crypto payments, blockchain monitoring, metaverse, and NFTs.

According to Al-Redha, the airline is considering using blockchain to keep aircraft records. Furthermore, the airline executive stated that it might employ the metaverse to digitally revolutionize its processes such as operations, training, website sales, and other airline-related experiences. According to the airline’s chief operating officer, this will make the processes “more interactive.”

Aside from these, Al-Redha stated that the airline business is steadily making a comeback as more and more travelers arrive. The company is adopting new technologies such as a Bitcoin payment service and tradeable NFT collectibles to broaden its reach.