Airbnb CEO: Crypto Payments Top User Requests for 2022 

On January 2, Brian Chesky, co-founder and CEO of Airbnb, asked his Twitter fans to share their concepts for brand-new services the holiday rental platform might present in 2022.

After sorting through approximately 4,000 recommendations, he reported that users were most thinking about incorporating crypto payments for Airbnb.

This tip was followed by clear-pricing display screens and a visitor commitment program.

According to Chesky, Airbnb is “currently dealing with some” of these brand-new items and “will check out others now.”

Touching even more on the possibility of including assistance for crypto payments, the Airbnb chief detailed that this tip consisted of “a range of token concepts.”

Chesky included that because 2013 Airbnb had actually viewed as much as $336 billion in payments volume.

[ad-units /]

Airbnb’s careful method to development

This is not the very first time Chesky has actually discussed cryptocurrencies.

In a September 2021 interview with Fox Business, he stated that customers have actually been asking Airbnb to include crypto payments for numerous years.

At the time, Chesky likewise advised that prior to starting Coinbase, the biggest crypto exchange in the U.S., its CEO Brian Armstrong worked for Airbnb, including that “we are truly happy with their [Coinbase’s] success.”

Airbnb, which went public in December 2020, has actually likewise discussed cryptocurrencies and the underlying blockchain innovation in its IPO prospectus.

“Our future success will likewise depend upon our capability to adjust to emerging innovations such as tokenization, cryptocurrencies, brand-new authentication innovations, such as biometrics, dispersed journal and blockchain innovations, expert system, increased and virtual truth, and cloud innovations,” checked out the file.

However, the company yielded that “these efforts might be more expensive than anticipated and might not succeed.”

On top of that, Airbnb indicated possible vulnerabilities and failures that can happen when carrying out substantial technical developments, all resulting “in lost organization, damage to our brand name or track record, customer grievances, and other negative repercussions.”

Should the San Francisco- based company ultimately include assistance for crypto payments, it would just be the most recent in prominent business to accept the emerging market.

These consist of theater chain AMC, payments huge Paypal, and payments processor Block (previously referred to as Square).



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.