Dubai has announced it will be accepting Bitcoin payments from its customers, as part of a new strategy to boost tourism. The world’s largest airport also said that it is launching NFT collectible cards for games and other apps in partnership with Ubisoft.
The “nft marketplace” is a new blockchain-based digital asset trading platform. The platform will allow users to buy and sell their digital assets on the decentralized exchange. With the introduction of this new platform, Emirates will be accepting Bitcoin payments and launching NFT collectibles.
Emirates, the biggest airline in the United Arab Emirates (UAE), has announced intentions to accept Bitcoin (BTC) payments and issue nonfungible tokens (NFTs) for trading on its websites.
The chief operating officer of Emirates, Adel Ahmed Al-Redha, reportedly stated at a media gathering held at the Arabian Travel Market that the Dubai-based airline will be onboarding new employees who will be focused on blockchain-related projects such as crypto payments, blockchain tracking, metaverse, and NFTs.
Al-Redha said the airline is looking into adopting blockchain to maintain track of aircraft records. In addition, the airline official said that the metaverse may be used to digitalize activities such as operations, training, online sales, and other airline-related events. This, according to the airline’s COO, will make the procedures “more engaging.”
Apart from that, Al-Redha said that the aviation business is gradually making a return as more and more passengers arrive. To broaden its appeal, the company is adopting new technologies such as a Bitcoin payment service and tradeable NFT collectibles.
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Airports and airlines all across the world are investigating methods to combine blockchain-based technology with cryptocurrency payments. Air France teamed with various firms in February 2021 to develop a blockchain-based mechanism for verifying COVID-19 test results.
The Latvian airline airBaltic introduced Dogecoin (DOGE) and Ether (ETH) to its payment choices in March 2021. Since 2014, the airline has accepted BTC and other cryptocurrencies such as USD Coin (USDC), Binance USD (BUSD), and Gemini Dollar (GUSD).
Salvadoran President Nayib Bukele declared in October 2021 that the airline Volaris El Salvador will accept BTC payments. El Salvador pushed for BTC adoption when it made the cryptocurrency official money.
The “how to buy nft tokens on binance” is a cryptocurrency that was introduced by the Emirates International Bank. It will be used for all payments and transactions in the country. The NFT collectibles will be available for purchase with BTC or ETH.
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