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On April 4, the Yangtze River Delta Railway ushered in the peak of passenger flow during the Qingming Festival. It is expected to send 4.1 million passengers today, 365,000 more than the same period last year, an increase of about 9.8%, and is expected to set a new record for single-day passenger volume. This years Qingming Festival railway transportation will start from April 3 to 7. The Yangtze River Delta Railway is expected to send 17.6 million passengers in 5 days, with an average daily passenger flow of 3.52 million, a year-on-year increase of 6.8%.The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."

Emirates Airlines Has Joined the Ranks of Other Well-Known Companies with Metaverse Ambitions

Skylar Shaw

Apr 18, 2022 10:43

Emirates Airlines was one of the first airlines in the world to focus on NFTs and the Metaverse.

In a few months, the airline aims to offer its first items.


As the number of large names seeking the NFTs and the Metaverse grows, so will the number of ambitious Web3 initiatives.


As large names continue to pursue Web3, interest in NFTs and the Metaverse shows no signs of waning. Metaverse activity has increased significantly in Decentraland (MANA) and the Sandbox (SAND).


While the music, film, and fashion industries have completely embraced the Metaverse, other industries have lagged.


The aviation sector took aim at NFTs and the Metaverse this week, joining a growing list of businesses that regard Web3 as having limitless potential.


Leading American investment institutions have also shown their enthusiasm for the Metaverse. JPMorgan predicted a $1 trillion Metaverse in February.

NFTs And the Metaverse Are The Focus of Emirates Airlines.

Emirates revealed its ambitions to deploy NFTs and join the Metaverse this week. Emirates plans to spend $10 million in the digital world, primarily for the benefit of its consumers and staff.


The airline "plans to develop distinctive brand experiences in the Metaverse, alongside both collector and utility-based NFTs," according to the release.


According to reports, the first projects are in the works and will be released in the following months.


"Dubai and the UAE are lighting the way in the digital economy, with a clear vision backed by effective policies and regulatory frameworks in sectors such as virtual assets, artificial intelligence, and data security," stated Chairman and CEO HH Sheikh Ahmed bin Saeed Al Maktoum.


"Emirates has always embraced innovative technology to better our business operations, increase our client offering, and expand the talents and experiences of our people," he said. We're thrilled about the new possibilities in the future digital world, and we're devoting a large financial and human resource commitment to create goods and services based on sophisticated technologies that will increase revenue, improve brand experience, and improve company efficiency."


Airlines and the aviation sector have a lot to gain from NFTs and the Metaverse.


NFTs might be utilized for ticketing and travel recording in the airline sector. NFTs might be used to store information such as flight time, distance traveled, and so on. Virtual lounges, for example, are one of the many intriguing possibilities available in the Metaverse.


When it comes to the aviation sector, Emirates may be ahead of the game. Emirates was the first airline to offer a virtual reality app in 2021. Users may see inside the cabins of the Airbus A380 and the Boeing 777-300ER Gamechanger using the app.


For several years, customers have also been able to view their seats and check in with a 3D seat map.

Emirates Is the Latest Global Brand to Enter the Metaverse

With an ever-increasing number of industries eyeing NFTs and the Metaverse, 2022 has been a busy year.


The fashion industry hosted a four-day fashion week in the Metaverse in March, with major brands like as Gucci and Victoria's Secret focusing on NFTs and the Metaverse.


More large names are expected to join the music business and fast-food corporations, like McDonald's, which have already entered the virtual world.

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