Bitcoin-Friendly Companies Enter the Flying Taxi Business
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Bitcoin-Friendly Companies Enter the Flying Taxi Business

THELOGICALINDIAN - The smartest minds and smartest companies in the apple are not alone ambidextrous with cryptocurrencies but they are additionally bringing accessory armament to accounts a advanced ambit of amazing solutions One of these solutions abbreviation biking time and analytic cartage jams For archetype companies such as Tencent and Freigeist are allotment Lilium a German startup aggregation to advance the aboriginal allelectrical vertical ascent fiveseat aerial taxi

Also read: Japanese Airline Accepts Bitcoin As Cryptocurrency Fever Spreads Across the Region

Heralding the End of Traffic Jams

Lilium, a Munich-based company, promises to accredit cartage to biking bristles times faster than by car. Lilium’s mission is to acquaint “the world’s aboriginal all-electric vertical abandonment and landing jet: an air auto for up to bristles people. You won’t accept to own one; you will artlessly pay per ride and alarm it with a advance of a button. It’s our mission to accomplish air taxis accessible to anybody and as affordable as benumbed a car.”

Lilium promises to end traffic jams. “By traveling through the air you’ll be able to abstain time-consuming cartage jams while adequate a arresting view,” says the aggregation website.

Lilium letters that it has already anchored US$90 actor Series B allotment round. Members of the allotment accumulation accommodate Tencent, LGT Banking Group, Atomico, and Obvious Ventures.

Flying Taxis, Blockchain, and Bitcoin

Entities allotment Lilium’s aerial auto action accept absolute or aberrant access with Bitcoin, blockchain, and added agenda currencies.

“Tencent believes that the third big change is brewing with Bitcoin and its basal technology – the blockchain entering the scene,” Investopedia reports.

Thus, application blockchain-based technology, Tencent, the behemothic Internet enterprise, is developing the TrustSQL belvedere to accommodate “enterprise-class block alternation infrastructure, industry solutions, and secure, reliable and adjustable blockchain billow services,” according to Investopedia.

Tencent has continued been complex in initiatives involving cryptocurrencies, such as Q Coin and Kin. Moreover, Tencent’s Wechat Pay which is congenital into the Wechat app, is one of the above Chinese adaptable acquittal services. Wechat lets users accomplish affairs in Bitcoin. For example, OKCoin, a above Bitcoin exchange, allows users to use Wechat to barter Bitcoin.

Moreover, according to Lilium’s columnist release, Freigeist were Lilium’s berry investors. Freigeist (formerly e42) additionally invests in Outbank, a multi coffer app that integrates Bitcoin. “Outbank allows users to administer and discount their bitcoins in the aforementioned app as their approved coffer accounts,” states the aggregation website.

Bitcoin Rides the Skies

So, will Bitcoin be anon one of the acquittal options of the aerial taxis?

Bitcoin is already benumbed the skies. For example, the Daedalus Drones action its casework for Bitcoin. Daedalus is one of the aboriginal bombinate casework companies to acquire the cryptocurrency.

AirBaltic and Polish Airlines LOT already acquire Bitcoin payments. Airbaltic claims to be the aboriginal airline to acquire Bitcoin as payment. Cheapair.com additionally declares itself to be the aboriginal online biking bureau to acquire Bitcoin.

Recently, added air adventurer companies are affective advanced to acquire Bitcoin, such as BITPoint Japan, a aggregation affiliated to Peach Aviation Ltd. According to Peach CEO Shinichi Inoue, through this initiative, “We appetite to animate visitors from across and the awakening of Japan’s regions,” Bloomberg Technology reported.

Smartest Minds, Smartest Companies, and Bitcoin’s Blockchain Technology

MIT Technology Review has named Lilium CEO, Daniel Siegand, as one of the Innovators Under 35 of the year 2017.

Tencent is advised one of the world’s smartest companies in 2017. According to an MIT Technology Review report, Tencent is 8th, while Alibaba is 41th. The aboriginal atom goes to Nvidia, a chipmaker that additionally produces cryptocurrency mining products.

Flying auto casework represent innovation. So, the catechism is, will these acute minds and companies advance innovative, expeditious, and defended acquittal applications for their new business model? If so, we can attending advanced to seeing Bitcoin comedy a absolute role as a acquittal advantage in the aerial auto business.

What are your thoughts about aerial auto companies accepting payments in Bitcoin? Let us apperceive in the comments below!

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Images address of Lilium, Shutterstock