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Smaller firms in the sharing economy can find it difficult to compete with established, centralized platforms. A blockchain-based protocol plans to change that.
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Airbnb News
Airbnb is an online platform for posting, searching and short-term leasing or renting of private property worldwide. The service was launched by Brian Chesky (CEO), Joe Gebbia (CPO) and Nathan Blecharczyk (CTO) in 2008. The company is not an owner of any real estate itself, it just works as a mediator between lessors and lessees and receives a percentage service fee in conjunction with every booking. Airbnb’s Bitcoin involvement started in 2014, when the company showed its interest in using blockchain technologies for the realization of its services for the first time. Some news also points out what risks might await services such as Airbnb if blockchain technologies continue to develop. Also, in 2016, in a survey conducted by one of the founders, it was discovered that most users would like Airbnb to accept Bitcoin as a payment method.
- Opinion
A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model.
7782 - News
Bitcoin can now be spent to book housing at Airbnb via Fold app gift cards alongside other big-name retailers such as Amazon, Starbucks and Uber.
11573 - News
SFOX, a U.S. cryptocurrency dealer for large-scale investors, has raised $22.7 million in a Series A funding round.
6514 - Explained
The sharing economy is still in its infancy and fragmented, but Blockchain may have the potential to fuel its growing popularity.
10961 - Sponsored
A company is building a Blockchain-based system to eliminate fragmentation in the sharing economy – and creating a single app that gives users access to “any available asset they wish to rent, borrow or share.”
24812 - Sponsored
Blockchain technology makes it possible to trust car-sharing services as it is not managed by people.
27703 - Smart Investment
Bitcoin is leading the digitalization of the global monetary system and is en route to competing against existing fiat currencies and the finance industry.
19237 - Sponsored
There are big changes underway in the life insurance industry, with a project aiming to monetize assets that many people didn’t know they had.
32488 - Sponsored
Smart booking engine outsmarts online travel aggregators and frauds, Blockchain in action.
17895 Why are online travel booking services not accepting Bitcoin just yet?
11658Brian Chesky, co-founder and CEO of Airbnb, asked the Airbnb community on social media which applications or platforms its users would like to see launched in 2017. Most of the users responded with bitcoin payment integration, providing the success of Expedia as an example.
2729Can Blockchain break Facebook, Uber, Airbnb, eBay and the like? The answer we want to give for the currently discussed Blockchain interpretation is ‘so far, no’ – contrary to common opinion.
2896Luis Fernando Molina, the chief executive and founder of Fermat.org, has released a whitepaper on the “Internet of People”. The concept offers an alternative way for content creators to stay in control of their work.
1325The advantages and the limitations of using the blockchain technology to optimize products and services are the reasons behind “unicorn” startups such as Airbnb’s caution in implementing the technology.
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