Fat Taiwan Airline Accepts Bitcoin for Plane Tickets

Passengers of FAT Taiwan can now use Bitcoin to pay for more than 20,000 flights

07 March 2018 990

Taiwanese airline FAT Taiwan Inc. recently announced that it will accept cryptocurrency payments, namely Bitcoin, for tickets and related travel services as it looks to become a pioneer in cryptocurrency adoption within the country’s aviation industry.

Passengers can now use Bitcoin in a convenient and discounted trading experience to pay for more than 20,000 flights.

The airline’s president, Zhang Gangwei, explained that his company has “a bright vision for the future of cryptocurrency” as it proved to be “a significant transaction tool” over the past year.

The widespread use of cryptocurrency in various scenarios will usher in a new future for the airline business, lodging industry, OTA and the entire tourism sector. FAT is about to be the No.1 in the industry to embrace cryptocurrency and blockchain technology.

Zhang Gangwei

President, FAT Taiwan Inc.

FAT’s move marks a growing trend among airlines to provide its customers with as many convenient payment options as possible, not to mention the probable PR boost from associating its brand with innovative technology.

Bitcoin Blockchain

Member of British Parliament Wants to Payl Tax in BTC

MP comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes

11 December 2018 35

Eddie Hughes, a member of the UK Conservative Party, said that the state should make it possible to use Bitcoin when paying taxes and utilities. It is reported by The Daily Express.

Eddie Hughes, who represents North Walsall in parliament, calls himself a "crypto-enthusiast with amateur knowledge." According to him, the blockchain technology attracts a lot of attention, and therefore members of parliament "must understand it."

Eddie Hughes also said that he recently met with representatives of the Royal Society for Water Rescue, which accepts donations in cryptocurrencies, after which he came to the idea of making it possible to use Bitcoin when paying municipal taxes and utilities.

It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs we have a duty to understand it.

Eddie Hughes

MP

Hughes comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes, which he also reminded in his interview within the publication.