Norweigan Air will start accepting bitcoins and launch a cryptocurrency exchange
The second largest airline in Scandinavia will allow its customers to purchase tickets with bitcoins and launch its own cryptocurrency exchange, writes the Decrypt portal with reference to the newspaper Dagens Næringsliv.According to the publication, Norweigan Air plans to allow clients living in Norway to use cryptocurrencies to settle with it.. Besides, it intends to launch the Norwegian Block Exchange (NBX) in August, with additional trading platforms in neighboring countries.
NBX will integrate Norweigan Air's existing rewards program, allowing its customers to earn points while trading on the exchange, which can then be redeemed to receive discounts and other privileges.
Norweigan Air was founded in 1993 and has the third largest fleet and traffic volume among the low cost airlines in Europe. The company made the decision to enter the cryptocurrency business amid a decrease in its shares by more than 75% since April Of 2018.
Two weeks ago, 41-year-old Lars Ola Kyos, who is a bitcoin investor, became the CEO of Norweigan Air. According to local media, he keeps in cryptocurrency over $ 400,000 and acquired most of it before November 2017.
In the middle of last year, Singapore Airlines announced the launch of a blockchain loyalty program.
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