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Airbnb acquires team of Bitcoin and blockchain experts

Wednesday 13 April 2016 10:51 CET | News

Home-rental company Airbnb has hired the team behind ChangeCoin, a startup that runs a Bitcoin-based micropayments service.

The alternative lodging site has been looking at a few Bitcoin and blockchain startups, to study what the technology could do for its services. Companies like Uber and Airbnb are built on their ability to manage supply and demand, which could be aided by a open ledger system like blockchain.

Through a service called ChangeTip, ChangeCoin lets users send tiny amounts of money, or tips, over social networks including Twitter and Reddit. But Airbnb appears to only be interested in the talent behind the company.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3