United States, Nov. 26, 2020 /AlexaBlockchain/ – Airbnb is planning to integrate a number of emerging technologies, such as tokenisation, cryptocurrencies, and blockchain to enhance its platform. In its recent S-1 filing for an IPO, Airbnb declared an interest in these technologies to ensure its future success.
Earlier, Airbnb had not committed to accept bitcoin or other cryptos as a payment method on its platform.
The company mentioned in recent filing: “Future success will … depend on our ability to adapt to emerging technologies such as tokenisation, cryptocurrencies, and new authentication technologies. As a result, we intend to continue to spend significant resources maintaining, developing, and enhancing our technologies and platform.”
The company earlier shown its interest in cryptocurrency in 2016 when it acquired seven developers from Changecoin, the firm which used to be part of now-defunct bitcoin tipping platform Changetip.
The global online payment giant PayPal recently changed its policies on cryptocurrency, enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account. This means that PayPal users will be able to use cryptocurrency as a funding source for digital commerce at its 26 million merchants globally.
Meanwhile, blockchain-based travel booking platform Travala announced that it had added more than holiday homes to its “crypto-friendly” booking platform in August, and partnered with VEChain later in the month.