July 28 2019

Norwegian Air will Accept Bitcoins NBX ✈️🔥

Norwegian news agency Dagens Næringsliv (DN) recently reported that one of Europe’s largest airlines, Norwegian Air, will soon allow passengers to buy tickets using bitcoins.

Using crypto assets to buy plane tickets is not a completely new idea, however, plans of Norwegian Air are promoting this concept further than previous projects.

Most cryptocurrency payment schemes for air services included third-party merchants. For example, the Latvian air transport company AirBaltic offers the opportunity to purchase plane tickets using bitcoins or the air, while transactions are processed through Coinbase.

Norwegian Air, unlike them, is developing its own cryptocurrency exchange, one of whose functions will be air ticket trading. The exchange, called the Norwegian Block Exchange (NBX), will be launched at August of this year.

Given the legal conflicts in the regulation of cryptocurrencies in different countries, this type of payment is initially planned to apply only to citizens of Norway. In addition to bitcoins, the airline will also accept some other cryptocurrencies, but their list has not yet been approved.

In addition to selling tickets for bitcoins, NBX will be integrated with the existing airline reward program. Customers will earn bonus points for using the services of the exchange, and then will be able to exchange these points for discounts on tickets or for other benefits.

Kyos-Mathisen, managing director of NBX, said that in addition to selling tickets to his own airline, the crypto-exchange will be open to other vendors.

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Posted 28.07.2019 by admin in category "Crypto World News