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Nadia Vanderhall
Emirates, the largest airline in the United Arab Emirates, announced its intention to add bitcoin as a payment option and to make NFT collectibles tradable on the company’s website.  The airline based in Dubai also hopes to use #blockchain technology in tracing aircraft records. Like other countries, the country has Dubai’s Virtual Assets Regulatory Authority (VARA) to help align blockchain and crypto within the economy. Honestly, we’re seeing that slowly here too. Plus, moving into the metaverse, leveraging sandbox. Which might I add again the “metaverse” will look different by industry and company. More of an experience than a video game appeal. Let’s make this connect to another reason why companies might start to align with crypto and NFTs — another revenue stream. Not just on the purchase of the NFTs themselves, but also gas fees. Emirates had a loss of $1.1 Billion in the year through March, up from a $5.5 Billion loss the previous year. Yet, no matter how the company is doing financially, this could help build another revenue stream, Net cash flow through this uncertainty we are looking at economically— domestically and internationally. While this company isn’t public or located here, I wanted to give this example of how it is being utilized internationally. As investors, it’s great to keep a pulse to see how the markets and companies maneuver there due to potentially impacting us. Also, they seem to be ahead of the curve tech wise. Company. Coins. Conversion. Just a thought. #nft #nftnews #cryptonews #airlines #betterfutureahead #futurethinking
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