AirAsia, the budget airline, is entering the financial services market and planning an ICO. From April prices for tickets will be shown in both Fiat currencies and the BigCoin cryptocurrency. The budget airline recently launched a mobile wallet, BigPay, to be used for in-flight purchases in an attempt to do away with using cash on planes.
The plan is for the wallet to include the cryptocurrency soon. BigPay can be used to pay for seat upgrades, in-flight meals, and any other services. The wallet, cryptocurrency and loyalty scheme dovetail together nicely.
The airline operates across Asia with current bases in Malaysia, Thailand, Indonesia, the Philippines, and India. It’s getting approval for flights to Japan and planning new locations in Vietnam and China.
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