The Norwegian Block Exchange subsidiary created by Norwegian Air will become more than just a crypto-exchange. The NBX will also study the prospects and opportunities of blockchain. At the first stage of attracting investments, NBX received
$250,000 from Observatoriet Invest. According to the plans, this year NBX will launch a cryptocurrency trading platform. In addition, it is planned to launch a service, in which you can buy air tickets by paying for them with cryptocurrency. The owners of the site note that they plan to create competition for such exchanges like Kraken and GDAX.
Representatives of NBX emphasize that their company is interested in study and practical use of scalable solutions. One of them will be a service for selling air tickets for digital money. The administration of the company supports the idea of practical use of digital currencies. At this point, NBX is engaged in obtaining the necessary licenses and regulators’ permissions. The administration notes a positive attitude to the implementation of cryptocurrency by local officials.
Norwegian Air is one of the largest Scandinavian airlines. It works on the territory of Europe, North Africa, and the Middle East.