Emirates airlines to launch NFTs
![Fly Emirate plane used to illustrate the story. [PHOTO CREDIT: Emirate Web Page]](https://gazettengr.com/wp-content/uploads/2020/09/Fly-Emirate.jpg)
Emirates Airlines, the United Arab Emirates’ biggest air carrier, has announced that it plans to launch collectible and utility-based non-fungible tokens (NFTs) aimed at improving customer interaction and revenues.
On Thursday, Emirates announced that it would be launching its first NFT projects in the next few months. The airline also said it would repurpose its pavilion at Dubai’s Expo for metaverse, NFTs, and Web3 projects.
“The Emirates Pavilion at Expo 2020 Dubai will be repurposed into a centre for innovation, including the development of the airline’s metaverse and NFT projects,” the airline said in a statement.
Ahmed Al Maktoum, the Chairman and Chief Executive of Emirates Airlines, said that the digital economic developments in the country, especially in Dubai and Abu Dhabi, have been supported by regulations and policies from the government bodies.
The airline also plans to hire global talent for working on future projects, pioneering in adopting new technologies.
Last week, the United Arab Emirates used virtual reality technology to help train security officials in the metaverse.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Benue: Troops kill suspected terrorist in gunfight
“One terrorist was neutralised, while troops recovered one AK-47 rifle and two empty magazines from the scene,” Mr Zubairu said.
Sport
Egypt edge Australia on penalties to make historic World Cup round of 16 berth
Egypt will face the winners of the round of 32 match between Argentina and Cape Verde later today.
Health
Bundibugyo Ebola outbreak now largest on record as cases top 1,400: WHO
Mr Janabi described the outbreak as one of Africa’s most serious public health emergencies this year.
Health
Bauchi govt begins rural-based campaign against waterborne diseases
Mr Mohammed said health education officers in the state’s 20 local government areas had been directed to carry out the exercise.
Hot news Home top
INEC extends voter registration, launches self-service portal
INEC said the extension followed feedback received from its state offices, political parties, civil society organisations, and other stakeholders.
States
Wheelbarrow pusher killed in Rivers road crash
The spokesperson for the state police, ASP Blessing Agabe, said the driver had been arrested.
