steven36 Posted March 9, 2016 Share Posted March 9, 2016 Nathan Blecharcyzk, one of the co-founders at home rental platform Airbnb, has detailed the company’s interest in blockchain technologies to help establish user reputation and trust. In an interview with City AM the company’s co-founder and chief technology officer revealed that in 2016 Airbnb would be looking into blockchain integration, or a similar distributed ledger system, to authenticate a user’s reputation and establish trust on the platform. In a business where trust is a key factor, Blecharcyzk suggested that the site could require higher levels of reputation from users in order to access more exclusive types of accommodation. ‘The question is whether there’s a way to export that and allow access elsewhere to help other sharing economy models really flourish. We’re looking for all different kinds of signals to tell us whether someone is reputable, and I could certainly see some of these more novel types of signals being plugged into our engine,’ explained Blecharcyzk. Currently Airbnb measures reputation through a combination of official identification checks and social media verification. Users have a ‘Trust and Verification’ tab attached to their accounts. The proposal marks a potentially revolutionary step for online reviews and reputation management. It is a constant fight for e-commerce sites like Amazon and peer opinion platforms such as TripAdvisor to identify and filter out damaging reviews planted by competitors and trolls, or self-promoting posts which can mislead consumers. In June 2015, the UK government’s Competition and Markets Authority condemned the practice of businesses arranging positive feedback, promising to fine and even imprison those found to be in breach of the regulations. Blockchain, in this instance, could be a hugely significant tool for identifying commercial insincerity. This also extends to sites introducing peer ratings for individuals such as teachers, doctors, landlords, colleagues and police officers, which are plagued by fraudsters, cyberbullies and trolls. While protecting the integrity of some, the potential threat to anonymity and privacy online could also detract from the radical possibilities the introduction of a blockchain-based reputation could bring. A distributed and irreversible system for trust management, which stores personal data, could offer a hotbed for doxing and identity theft – and even undermine an individual’s right to be forgotten. The Source Link to comment Share on other sites More sharing options...
straycat19 Posted March 9, 2016 Share Posted March 9, 2016 I have read so many horror stories of people who have used AirBnB that I would never consider using it no matter how secure they make their website and I'm not talking about the website, I'm talking about the people who supposedly sign up to rent their property. Link to comment Share on other sites More sharing options...
davmil Posted March 10, 2016 Share Posted March 10, 2016 10 hours ago, straycat19 said: I have read so many horror stories of people who have used AirBnB that I would never consider using it no matter how secure they make their website and I'm not talking about the website, I'm talking about the people who supposedly sign up to rent their property. Ahhh... I'd take issue with that attitude. There's real value and potiental out there. Most reviews are posted by unhappy people, not ones where things went 'normally.' I'm sure YMMV, but I've heard lots of success stories including my own in SFO & Manila. There are great deals on really nice places in Philippines & off season coastal (eastern US) in my experience. Trust, but verify. Link to comment Share on other sites More sharing options...
Chancer Posted March 10, 2016 Share Posted March 10, 2016 11 hours ago, straycat19 said: I have read so many horror stories of people who have used AirBnB that I would never consider using it no matter how secure they make their website and I'm not talking about the website, I'm talking about the people who supposedly sign up to rent their property. I've used Airbnb in three different countries. Each time I got exactly what I had booked and expected. Link to comment Share on other sites More sharing options...
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