Blockchain Revolution

Payment Settlement: Of course, on the blockchain, you transfer funds to the
owner in seconds, not days as with Airbnb. Owners can manage security deposits

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more easily with smart contracts. Some parties use escrow accounts to release
payments partially (nightly, weekly, hourly, etc.) or in full as the parties agree. In
disputes involving smart contracts, parties can call for arbitration.
Property Access Using Smart Locks (IoT device): A smart lock connected to
the blockchain knows when you have paid. When you arrive, your near-field
communication-enabled smart phone can sign a message with your public key as
proof of payment, and the smart lock will open for you. Owners need not drop keys
off to you or visit the property unless they want to say hello or address some
emergency.
You and the owner have now saved most of the 15 percent Airbnb fee.
Settlements are assured and instant. There are no foreign exchange fees for
international contracts. You need not worry about stolen identity. Local governments
in oppressive regimes cannot subpoena bAirbnb for all its rental history data. This is
the real sharing-of-value economy; both customers and service providers are the
winners.