CryptoBnB is banking on blockchain to transform the travel industry. The company's founder and CEO Tariq Alwahedi explains how this start-up can transform the travel booking industry.
"We are building a new disruptive technology," says Alwahedi. He says CryptoBnB is applying blockchain for short term rental application. CryptoBnB is currently in beta stage.
On whether he thinks the name is too close to Airbnb, Alwahedi says he is not trying to imitate the travel booking company. "We want to build a platform that serves bed and breakfast," says Alwahedi. "But the application is totally different."
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Bristol Myers Squibb agreed to buy schizophrenia drug maker Karuna Therapeutics in a $14 billion deal.
Supermarket chain Ralphs is facing a new lawsuit from the state of California.
Shake Shack is giving out free fried chicken sandwiches, bacon cheese fries and milkshakes nationwide.
The IRS is announcing a voluntary disclosure program.
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.
A new report suggests that it's getting more difficult for an average American to afford a home.
The Food and Drug Administration warned consumers about a copycat version of the diabetes drug Ozempic.
Tesla is reportedly moving forward with its plan to make energy shortage storage batteries in China.
Wells Fargo employees at a branch in New Mexico have voted to unionize.
