CryptoBnB is building the next generation of online, short-term rental and tenant smart matching marketplace. This new marketplace aims to improve on the existing options available to travelers, by offering more efficiency on searches, overall lower fees, and better flexibility, by using blockchain smart contracts in combination with the power of AI and Big data, to find their desired accommodation, in the most efficient way. This new technology of blockchain allows peer to peer transaction of renting a property to be done securely, without having the added costs of an escrow service. The technology also enables a smarter intelligent way of directed P2P marketing between hosts and travelers, while boosting the ROI for hosts.
This new generation of online hospitality and short-term vacation rental marketplace will allow travelers and occupants to tap into a huge market of residences, that match their budgets and accommodation requirements across the globe, while boosting trust between homeowners and occupants. The AI algorithm, combined with blockchain in the platform, will generate accurate matches between homeowners and suitable short-term tenants, a with minimal transaction fees. This next generation marketplace will allow homeowners and occupants to quickly transact secure payments, using CBnB tokens, without global barriers.
The short-term rental business model has a proven track record in today’s economy, and keeps growing year-on-year (Kharpal 2016). CryptoBnB strives to improve today’s peer to peer rental market, by providing a more foolproof and efficient rental platform. CryptoBnB will be built on unique proprietary technology, that combines some proven tools like uPort, with advanced search and targeted marketing capabilities, to create a more reliable and dependable ecosystem.