Airbnb has acquired the squad behind ChangeCoin, developers of pop bitcoin tipping platform ChangeTip.
According to
Quartz, Airbnb has been really interested inwards blockchain startups in addition to how the new engineering tin dismiss augment in addition to better its existing rental business. While Airbnb has acquired the talent behind ChangeTip, the society has niggling involvement inwards the tipping platform itself.
Figures from the Airbnb Summer Travel written report for 2015, demonstrate that the society has served almost 17 1000000 renters to a greater extent than or less the world. With services companies such equally Airbnb - where user reputation is of paramount importance - a transparent in addition to immutable user scoring organization tin dismiss hold out of dandy benefit.
Airbnb Co-founder Nathan Blecharczyk explained to
CityAM of late how user reputation may commencement to play an fifty-fifty bigger purpose inwards the Airbnb ecosystem inwards the future, “Within the context of Airbnb, your reputation is everything, in addition to I tin dismiss meet it beingness fifty-fifty to a greater extent than thence inwards the future, whereby you lot mightiness demand a certainly reputation inwards society to accept access to certainly types of homes,” he said.
H5N1 blockchain-based reputation organization tin dismiss brand Airbnb digital identities the criterion inwards the burgeoning global sharing economy, in addition to Blecharczyk knows this.
Blecharczyk told CityAM, when asked close blockchain technology:
“But in addition to thence the enquiry is whether there’s a means to export that in addition to permit access elsewhere to assist other sharing economic scheme models actually flourish.”
While the ChangeTip platform experienced tremendous user increment over the past times ii years later receiving $3.5 1000000 inwards seed uppercase inwards Dec of 2014, ChangeCoin has been unable to notice a sustainable trouble concern model. According to a political party familiar alongside the Airbnb acquisition, ChangeCoin has been looking for buyers for its intellectual holding for the past times few months.
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