Rental giant AirBnB may use blockchain technology to improve user trust

Airbnb, the popular rental service valued at $25.5 billion that Time magazine dubbed the “EBay of housing,” has become interested in blockchain applications for potential improvements in user trust, according to one of the company’s co-founders.

The comments were made by Airbnb co-founder and chief technology officer Nathan Blecharczyk in a recent interview with CNBC.

City AM writer Harriet Green said the conversation eventually turned to blockchain technology, and Blecharczyk suggested that the trust mechanisms of blockchain technology could be incorporated into the company's services.

He told reporters:

“We’re looking for all sorts of different types of signals that tell us whether someone is reputable or not, and I can certainly see some of those newer types of signals being plugged into our engine.”

According to Airbnb's website, the company's current service uses a mix of social media profiles and profile reviews, and users can also use this service to verify government-issued ID cards.

Original article: http://www.coindesk.com/airbnb-exec-use-blockchain/
By Stan Higgins
Compilation: Overnight porridge
Source (translation): Babbitt Information (http://www.8btc.com/airbnb-exec-use-blockchain‎)