Airbnb Should Consider Integrating Blockchain Technology

Airbnb Should Consider Integrating Blockchain Technology


The company previously plunged into cryptocurrency in 2016 when it acquired seven developers from Changecoin, the company that used to be part of the now defunct bitcoin deposit platform Changetip.

In addition, the process revealed how the company is considering whether to integrate other technologies such as distributed accounting, artificial intelligence, augmented reality and cloud technologies for the future. AI, in particular, had ramifications for the short-term rental industry, as companies used technology to monitor properties that violated specific regulations.

Airbnb made its public offering last week, after months of anticipation of the company's debut on the stock exchange. The process was postponed in March due to the Covid-19 outbreak, but the resurgence of its business over the summer brought the IPO back to the company's foreground.

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