Bitcoin and Ethereum (as well as other cryptocurrencies) are not just assets to speculate on, but, slowly, they are entering into common use as true payment currencies. The news today is that an airline, Surf Air, has started accepting Bitcoin and Ethereum as payment.
The “all-you-can-fly” regional airline company Surf Air has begun to accept Bitcoin and Ethereum cryptocurrencies as payment for its monthly subscription services. The plan provides that the private airline will allow its customers to pay for their seats using virtual currency through a mobile application.
According to the president and managing director of the airline, Sudhin Shahani, the revolutionary technologies like Bitcoin and Ethereum complete the company mission that is revolutionizing the world of the air travel.
Surf Air was built on the idea of revolutionizing the way you buy and access air travel, so it only makes sense to be at the forefront of accepting revolutionary payment forms like Bitcoin. At the same time, Bitcoin users are a highly motivated early adopter community: by creating a connective tissue between these forward-looking business models, I believe we are shaping the future.
With the new scheme, Surf Air allows its members to pay a monthly fee to fly them as many times as they want. Passengers registered for the service are already subject to pre-screening, so that they can access flights without an additional security check.
The regional carrier is collaborating with Coinbase digital currency platform for the implementation of its new scheme with Coinbase which manages payments in Bitcoin and Ethereum.
Surf Air is not the first airline to accept Bitcoin. The players in the aviation sector, particularly regional and minor companies, have taken a positive approach to virtual currencies.
Before Surf Air, several regional airlines have already accepted Bitcoin as a form of payment over the years. Other companies have also explored other possible applications of the underlying cryptocurrency technology called Blockchain, including ticketing and maintenance monitoring.