Velocity Ledger, Inc. announced today that it has entered into a definitive agreement to provide industry-leading blockchain technology to an entity majority-owned by veteran travel expert Eduardo Ibanez.
NEW YORK, NY / ACCESSWIRE / August 29, 2022 / Under the agreement, Velocity Ledger will provide intellectual property and day-to-day operations support to the new entity. Velocity Ledger CEO Shawn Sloves will have a key role in the new company and will sit on the board.
Mr. Sloves said: “This transaction will significantly advance the incorporation of blockchain into one of the largest sectors of the global economy. We look forward to working with Eduardo to make these advances possible.”
Y2X President David Shuler said: “As founding shareholders of Velocity Ledger, we are excited to see that VL technology will be at the heart of a new entity. We are proud of the team’s inspired work and believe in using it to realize Eduardo’s vision whether a global base is a step in changing the future.”
“The ability to travel is the manifestation of an individual’s freedom, a freedom that should be an inalienable right. The Velocity Ledger technology enables us to create a decentralized economy where users can trade directly with each other, and be rewarded for their data, interactions, and everyday activities. I believe this is critical to the future of travel,” says Ibanez. “We look forward to partnering with the company and expanding their user community to disrupt the travel landscape.”
About Velocity Ledger, Inc.
Founded in 2018, Velocity Ledger (VL) is a private blockchain-enabled platform running on Velocity Ledger Technology that enables the generation of tokenized assets, secondary trading and settlement. VL is a comprehensive technology solution as a service with tools to support the investment, trading and settlement process for multiple asset classes, including NFT and security token creation and OTC cryptocurrency.
About Eduardo Ibanez:
Born in Philadelphia, Eduardo Ibanez is a father of three, currently residing in Westport, CT. Eduardo has a significant background in travel technology having worked with JetBlue founder David Neeleman, bringing AI to airlines and online travel agencies, having served as Chief Scientist for Priceline.
Consult
David Shuler President
Print: dshule[email protected] Phone: 914-330-4961
SOURCE: Velocity Ledger
