THELOGICALINDIAN - San Francisco based bitcoin microtipping account ChangeTip was aloof acquired by home rental aggregation AirBnB in a aptitude accord according to Quartz
In the article, Quartz indicated that bodies accustomed with the accord said that Airbnb has “acqui-hired” the majority of the aggregation abaft ChangeTip, however, back it was an acquirhire deal, the ChangeTip bankrupt antecedent cipher is still actuality shopped around.
What this agency for ChangeTip users is ambiguous at this point. If the majority of developers and agents were acquired by AirBnB, it’s still unclear what will appear to the ChangeTip belvedere and service. Not alone does ChangeTip accommodate a microtipping service, but they are additionally an exchange for barter to buy bitcoin from their service, for archetype calmly actuality able to acquirement baby amounts of bitcoin with a credit card.
AirBnB has been attractive at a few bitcoin and blockchain startups, according to two sources, to abstraction what the technology could do for its services. Companies like Uber and Airbnb are congenital on their adeptness to administer accumulation and demand, which could be aided by a powerful, accessible balance arrangement like blockchain.
Quartz speculated the acumen for the accord could be to accept AirBnB use the blockchain which ability acquiesce them to allotment its user profiles with added companies. If Airbnb can amount out a way to accomplish its user profiles abiding and universally readable, they could become a trusted anatomy of agenda identity, a bit like the profiles that acclaim bureaus actualize for individuals. If these identities can be “exported” to added platforms, they could become badly valuable. An Uber driver, for example, ability apperceive if his abutting commuter came with a history of abrogation Airbnb backdrop damaged.
This isn’t the aboriginal time that ChangeTip clandestine user abstracts has appear into catechism about actuality awash to the accomplished bidder. In 2014 ChangeTip CEO Nick Sullivan, who was allotment of the acquirhire, said “we won’t advertise user data.” ChangeTip has additionally been the ambition of users on amusing media who accept claimed that some of their agents accept been foraging customer abstracts for their own claimed use.
