Flying Taxis, Blockchain, and Bitcoin

Entities funding Lilium’s flying taxi enterprise have direct or indirect connections with Bitcoin, blockchain, and other digital currencies.

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

Thus, using blockchain-based technology, Tencent, the giant Internet enterprise, is developing the TrustSQL platform to provide “enterprise-class block chain infrastructure, industry solutions, and secure, reliable and flexible blockchain cloud services,” according to Investopedia.

Tencent has long been involved in initiatives involving cryptocurrencies, such as Q Coin and Kin. Moreover, Tencent’s Wechat Pay which is incorporated into the Wechat app, is one of the major Chinese mobile payment services. Wechat lets users perform transactions in Bitcoin. For example, OKCoin, a major Bitcoin exchange, allows users to use Wechat to trade Bitcoin.

Moreover, according to Lilium’s press release, Freigeist were Lilium’s seed investors. Freigeist (formerly e42) also invests in Outbank, a multi bank app that integrates Bitcoin. “Outbank allows users to manage and overlook their bitcoins in the same app as their regular bank accounts,” states the company website.

Bitcoin Rides the Skies
So, will Bitcoin be soon one of the payment options of the flying taxis?

Bitcoin is already riding the skies. For example, the Daedalus Drones offer its services for Bitcoin. Daedalus is one of the first drone services companies to accept the cryptocurrency.

AirBaltic and Polish Airlines LOT already accept Bitcoin payments. Airbaltic claims to be the first airline to accept Bitcoin as payment. Cheapair.com also declares itself to be the first online travel agency to accept Bitcoin.

Recently, additional air traveler companies are moving forward to accept Bitcoin, such as BITPoint Japan, a company linked to Peach Aviation Ltd. According to Peach CEO Shinichi Inoue, through this initiative, “We want to encourage visitors from overseas and the revitalization of Japan’s regions,” Bloomberg Technology reported.

https://news.bitcoin.com/bitcoin-friendly-companies-enter-flying-taxi-business/