Javier and John

INDUSTRY HEAVYWEIGHTS JOIN THE TRAVEL LEDGER ADVISORY BOARD

Javier Gallego and John Melchior join Travel Ledger as Board Advisors

London, December 04, 2018 –  The Travel Ledger Alliance announced today that Industry experts Javier Gallego Alonso and John Melchior are to join the Travel Ledger advisory board.

Javier Gallego is a specialist in the area of Distribution, Payments, Clearing and Settlement Services. Javier worked for IATA for more than 20 years in various senior roles and was more recently leading globally the IATA Settlement Services (BSP, CASS and Clearing House) and Operations. Javier has a proven track records of heading global transformation projects and large-scale operations.

Javier Gallego states, ”I am very pleased to be involved with the Travel Ledger initiative. I believe the timing is right and the technology is now ready for the non-air sector to benefit from similar billing and settlement services as airlines. It is very interesting that this new initiative has a truly co-operative approach.”

John Melchior is a Travel Industry specialist with extensive experience in the commission settlement area for the hotel and TMC sectors, having been Vice President, Global Sales for more than 10 years for one of the leading hotel commission collection companies. A regular speaker at industry events, John is currently also a strategic advisor for Lufthansa City Centres, Sportsevents365, a founding partner in Hotel Comsult Ltd and has also acted as European Corporate Analyst for PhoCusWright.

John Melchior states, “I have always been an advocate for technology that increase efficiency and reduces cost. This exciting development has the potential to do both in a big way and will increase profitability, transparency and efficiency for everyone involved in the Hotel segment of our business. “


Travel Ledger
, a blockchain based project that is building a distributed billing and settlement platform for the global travel industry will continue to announce the appointment of more industry experts as advisors over the coming weeks as it starts to unveil more details about the next phase of the project.


Roberto Da Re
; Founder of Travel Ledger said “I am thrilled to welcome Javier and John as part of the advisory team. Their long experience in the core sectors of Travel Ledger will be an invaluable asset for the Travel Ledger team as the project enters the next exciting phase of development.”


John McEwan, Chairman of the advisory board,
commented “ I am delighted that Javier and John are joining the advisory board. We now have an incredible range of skills, experience and expertise to support Roberto and the team in this exciting venture.”

 

TRAVEL LEDGER @ WTM – Stand TT310g

 

Travel Ledger exhibits at “WTM / Travel Forward” – 5-7 November – London Excel 

 

London, November 1, 2018– The Travel Ledger team will be present at WTM London (5-7 Nov) in the Travel Forward start- ups section – Stand TT310g; if next week you are attending, don’t forget to come and say “Hi”.

It will be a great opportunity to get an update on how the Travel Ledger project is evolving, how it all works and talk to us if you are interested in getting involved.

Travel Ledger is an industry body and needs members from the travel trade to be involved with the project. So if your organisation wants to be at the forefront of technology or would like to be part of the Travel Ledger tech committee please get in touch.

 

Fabio Cannavale

FABIO CANNAVALE JOINS TRAVEL LEDGER ADVISORY BOARD

Travel Ledger announces Lastminute.com Group CEO as Advisory Board member

London, October 16, 2018– The Travel Ledger Alliance announced today that Fabio Cannavale, CEO of Lastminute.com group and Chairman of the Lastminute.com Foundation, is to join the Travel Ledger advisory board.

Fabio Cannavale was co-founder of eDreams Italy and then volagratis.com. The quick success of the latter brought growth, internationalization and acquisitions that have helped to build lastminute.com group which now offers travel and leisure services to over 10 million travellers every year and it’s listed on the SIX Stock Exchange (Zurich).

Fabio is also co-founder of Boost Heroes, a company that, with the help of its 40 members such as investors and business angels, invests in companies that have high potential but that are still in the first stages of their development.

Travel Ledger, a blockchain based project that is building a distributed billing and settlement platform for the global travel industry will continue to announce the appointment of more industry experts as advisors over the coming weeks as it starts to unveil more details about the next phase of the project.

Fabio Cannavale states, “I am delighted to join John, Roberto and the team at Travel Ledger. A common universal records and payments solution is desperately needed for the travel and hospitality industry and with the advent of blockchain it has now become realistic to deliver a seriously low-cost, high-quality solution that can match the success of IATA’s BSP system for airlines”

John McEwan, Chairman of the advisory board, commented “I am delighted to welcome Fabio to the advisory board. He has a wealth of knowledge and has enjoyed a very successful career. His insight will prove to be very valuable to us.”

Roberto Da Re, Founder of Travel Ledger said “Fabio will not only bring a lot of experience within the travel industry space, but he’ll also be able to help us present our proposition to the investment community, something that will be key as we approach the next phase of our project in order to scale up the business quickly.”

john McEwan

JOHN MCEWAN NAMED CHAIRMAN OF TRAVEL LEDGER ADVISORY BOARD

Travel Ledger starts to unveil its advisory board with the chairman nomination

London, September 25, 2018–  The Travel Ledger Alliance announced today that former ABTA chairman and Advantage chief executive John McEwan is to join the Travel Ledger advisory board as chairman, with immediate effect.

McEwan is chairman of Holidaysplease, EFR Travel, Latin Routes and Travel Management Company, Amber Road, previously CTI.

Travel Ledger, a blockchain based project that is building a distributed billing and settlement platform for the travel industry is to announce more industry experts as advisors over the coming weeks as it starts to unveil more details about the next phase of the project.

John McEwan commented “I am delighted to join Travel Ledger. The company is developing a revolutionary billing and payment structure that is safe, efficient and cost effective for buyers and sellers alike. It will transform global settlement systems and is built on a membership model.”

Roberto Da Re; Founder of Travel Ledger said “I am very pleased to welcome John as Chairman of our Advisory Board. John has an incredible breath of experience in the industry having run travel companies in all sectors, headed consortia, represented the industry and more recently advised investment funds. His experience in the wider travel space and understanding of how technology can impact the industry is invaluable to an initiative like Travel Ledger that wants to embrace all players within the travel ecosystem.”

TL_White

TRAVEL LEDGER ALLIANCE TO JOIN TTI

London, 13 February 2018 – The Travel Ledger Alliance announced today it is to become a member of TTI, the Travel Technology Initiative, and intends to work closely with the industry body to advocate the Travel Ledger platform and services to TTI members and ensure that any future development is in line with other standard setting initiatives.

The TTI has been developing and promoting technology standards in the travel industry since 1989. In that time, TTI has become the recognised authority on Electronic Data Interchange and e-commerce within the European travel industry and has also developed and introduced standardised ticket formats for ATB2, published the ferry standard Unicorn and more recently coordinated the roll out of TTI codes to uniquely identify hotels.

Travel Ledger Alliance is a new organisation that is leading a project, based on blockchain and smart contract technology, to build a distributed billing and settlement platform for the travel industry that promises to highly automate the travel purchasing process along the entire distribution chain. The Travel Ledger platform will replace the current billing, reconciliation and settlement process to make it fast, easy and inexpensive to transact non-airline provided travel services.

Travel Ledger Alliance is in the process of forming an advisory board of industry players to steer the project and has offered TTI a key position on it’s advisory board.  This team will set the standards and control access, ensuring that only accredited travel companies will be given access.

Roberto Da Re, Founder of Travel Ledger Alliance said, ”TTI has considerable experience in developing and setting standards for the travel industry and their expertise in this area will be extremely beneficial to the Travel Ledger Alliance. Furthermore, we greatly value their input in a governing role for the Travel Ledger platform.”

Tim Wright, chairman of the TTI added, “I am really excited about working with the new Travel Ledger initiative. The industry has been crying out for a workable solution to the non-airline billing, reconciliation and settlement process. This speedy, cost effective and easy-to-use solution is the way forward. TTI is delighted to be involved and add our knowledge and expertise to this new venture. This is exactly the type of technology standard that TTI is looking for and we are delighted to be involved right from the start.”

TTI and the Travel Ledger Alliance will run their first joint event on 1st March 2018 in London during which the Travel Ledger initiative will be officially presented. Please register at www.travelledger.org to receive our newsletter and an invitation to the event, alternatively visit the TTI website to register for the event: www.tti.org/home/events/ttihub-march-2018/

TRIO OF TRAVEL TECHNOLOGY COMPANIES ANNOUNCES “TRAVEL LEDGER”

In early February, we disclosed details of Travel Ledger, and Travel Ledger Alliance, a blockchain based initiative that is building a distributed billing and settlement platform for the travel industry.

I had the “eureka” moment in the Spring of 2017 after learning of Ethereum and Smart Contracts. After a period of gestation, I have been working full-time on the project since last October, after stepping back from my day-to-day duties at Dolphin Dynamics.

Because I want this to be a community driven project, I have involved other travel technology companies; Intuitive (UK) and Tourism Technology (AU) have joined Dolphin Dynamics in exploring this project.

Additionally, I am talking to other travel technology companies as well as a couple of large Supplier and Travel companies about joining the project, in either a synergistic capacity or as founders, to bring the project to market. Before ultimately handing over to the Travel Ledger Alliance, a not-for-profit organisation that will govern the platform going forward.

Paul Nixon, MD of Intuitive Ltd agrees with me that, “This project will deliver an immediate benefit .. to solve a long-standing industry problem that impacts the entire supply chain.” The billing and settlement area in travel has been crying out for proper automation for years. We have such a good example with IATA’s BSP, now blockchain and smart contract technology presents a unique opportunity to create such a platform for non-air transactions in a cost-efficient way whilst putting the community itself in control.

To ensure that Travel Ledger is truly an industry initiative, both owned and run by the travel community, voting rights will be granted to the companies providing power to the network (the masternodes) and to the holders of the value token used on the platform.

Tourism Technology MD, Graeme Hunter, shares my vision when he says that “This platform will bring long overdue efficiencies to all parties and will create the backbone to make further use of blockchain technology into the future.” This is why we want the platform to be open and we envision other companies will over time create their own Smart contracts and DAPS (distributed applications) that will interact with Travel Ledger.

Some more detail:

The Travel Ledger platform will allow all billing records between buyers and sellers of travel products to be stored in a shared, decentralised and authenticated ledger, establishing a “single source of truth” for all parties. Furthermore, it will support settling or recording of payments in a secure and transparent manner; even for payments that take place outside the platform.

For travel companies using Travel Ledger, it is compelling that their existing processes will not change. We want back office suppliers to use the platform APIs, so that the transaction on Travel Ledger will be completely invisible and users will just find already in their current system (in semi-real time) the data that they would normally have to enter manually (usually weeks after the fact).

While the initial release will be focused on the delivery of the seller statement to the buyer, subsequent phases will focus on automating the payment aspect directly from the platform; acting as a gateway for bank payments, credit/debit cards and even cryptocurrencies, to offer companies a full breadth of ways to do business together, without having funds transition via any third party. Once payments are integrated, sellers will then be able to automatically process and reconcile all payments on the receiving end.

The project is being built on the Ethereum platform which is currently considered the most mature and enterprise-ready smart contract platform.

The governing body, the Travel Ledger Alliance, will be composed of a small board of advisors and an operational body to manage the platform and the development team, plus a business development team promoting the API to travel technology companies around the world. This simple API combined with a financial reward will incentivise travel technology companies to integrate with the platform and enable their customers to use the platform without needing to fund the integration; helping to rapidly attain broad adoption across the industry.

The whitepaper and full details of the project are currently being shared only with the founders and companies interested in becoming founder. A public version of the whitepaper will be published later on, ahead of the token generation event.

Companies interested in following the project should sign up for the newsletter on the Travel Ledger Alliance website www.travelledger.org

… and if you are interested in joining the founders team get in touch via the same website.