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Topic: [2016-04-13]Airbnb's getting into blockchain technology (Read 265 times)

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The home rental startup superstar Airbnb is the latest business getting into blockchain.

Just weeks after Airbnb co-founder Nathan Blecharczy spoke to City A.M about the potential blockchain technology might have in its business, than the company makes an acquisition that will see it take on blockchain experts.

ChangeCoin, a micro-payments startup based in the US, has been bought by Airbnb for an undisclosed sum, Quartz reports, citing several people in the know.

The less than two-year-old company backed by seed and early stage venture capital employs between 11 and 50 people.

Airbnb has bought up that talent in what's known as an acqui-hire, with the ChangeCoin business remaining up for sale, according to the report.

http://www.cityam.com/238780/airbnbs-getting-into-blockchain-technology
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