The Start of a Disruption in the Travel Industry is Just Around the Corner

The Start of a Disruption in the Travel Industry is Just Around the Corner

XCELTRIP, a self funded startup based out of San Jose, California has been quietly working on a Blockchain based travel ecosystem since 2015 and is ready to launch its operations on February 28th, 2018.

The brainchild of serial entrepreneur, blockchain venture capitalist & an avid traveler, Hob Khadka, XcelTrip was first previewed at its home base during the November 2017 Blockchain Expo in Santa Clara, California. This unique travel platform is incorporating the traditional modus operandi of the OTAs and simultaneously putting in the latest in Blockchain technology to ultimately arrive in the travel space as a composite, one of a kind Decentralized Travel Ecosystem.

In its first phase, XcelTrip will begin operations on a traditional centralized infrastructure similar to a traditional OTA using existing technologies but in tandem with blockchain based features. Customers will be able to search, view and purchase airline tickets & hotel room nights along with many other services both on the XcelTrip web portal and mobile apps.

Although under the current techno commercial environment, complete decentralization from the very beginning is not a possibility; there are many components within the “permissionless space” which are in existence and operational. And as the blockchain world continues to develop and evolve; over the next couple of years XcelTrip should be a fully operational DTE riding on the Ethereum Protocol.

Interestingly, XcelTrip has taken a very different approach to connecting vendors with consumers. While securing a spot for themselves in the online travel arena they intend to also create millions of entrepreneurs or as XcelTrip CEO Hob Khadka calls them – “Travelpreneurs”

“Being an entrepreneur I had always envisioned a system that empowers the masses at large. Imagine being armed with the ability to earn when you travel. You would like that wouldn’t you? Now if you are able to earn when your friends travelled or even better when anyone travelled wouldn’t that be fantastic? So at the core of XcelTrip we created the IMP (Independent Marketing Partner) program where any individual with an entrepreneurial spirit is entitled to a share from the earnings of XcelTrip by simply doing two things; (1) encourage and ensure listing of vendors at XcelTrip to market, promote and sell their products &/or services and (2) to consistently engage with the vendors giving them an edge over their contemporaries in the market while providing the best quality in products and services and concurrently increasing the gross margins.” – said Hob Khadka.

The IMP program works hand in hand with the Vendor Development Program where XcelTrip aims to effectively eliminate the traditional intermediaries who charge a cumulative gross margin to the tune of 25% from the vendors resulting in added costs to the traveler. In doing so, XcelTrip shall gradually transform itself from a semi-permissionless system to a fully functional Decentralized Travel Ecosystem one vertical at a time. With the gradual implementation of Blockchain based tools and components, XcelTrip’s system of reservations, fulfillment and settlements along with real-time after sales service are expected to create a seamless experience for every participant in the entire supply chain.

XcelTrip is not only a multi facetted travel platform, their iOS and Android apps are being loaded with powerful features such as “Xcel-Club” & “Xcel-SOS service along with X-Bar & X-Talk features in due course of time.

www.xceltrip.com
San Jose, California

United States
info@xceltrip.com

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bringing Crypto Mainstream into the offline world in the first Bitcoin City

Bringing Crypto Mainstream into the offline world in the first Bitcoin City

15 March 2018 – Eligma, AI-driven and Blockchain-based cognitive commerce platform, is presenting the first of its many features. EliPay system is a showcase of their ambition to take the usage of crypto payments beyond trading and exchanges and into the offline world. Partnering with BTC CITY Ljubljana, the first Bitcoin City and the largest commercial, trading and business centre of its kind, they are setting their testing lab in the heart of Europe, Slovenia, where they will offer transactions with crypto currencies in some of the selected offline stores from this April onwards. The first of many Eligma’s reveals is demonstrating how the platform will solve the problems of today’s e-commerce and asset management. Their token sale with the hard cap of 24 million U.S. dollars starts on 17 April, and their campaign promises to showcase what they have in store for the future users and potential contributors.

The EliPay system, the platform’s cryptocurrency transaction system, is set to enable the cryptocurrency transactions be it offline or online. In their early development and testing phase and during the crowdsale campaign, which Eligma is currently running, the team announced to showcase the usability of EliPay in the offline world in their testing lab – BTC CITY Ljubljana in mid-April. This early feature amongst Eligma’s many advantages is especially promising to early adopters, crypto enthusiasts and potential contributors: it backs up the team’s promise of a truly usable ELI token, which is to be released at the start of the project’s crowdsale on April 17th.

Jože Mermal, Chairman and CEO of BTC d.d.: “The BTC d.d. company strives for the development and implementation of the latest technologies into its business environment. As a strategic partner of the Eligma company, we will therefore enable the testing of Eligma’s EliPay system in a real environment at selected business partners in BTC CITY Ljubljana. EliPay will enable the use of cryptocurrencies both online and in the physical world, creating a modern, transparent and simple shopping experience for our visitors and business partners”.

The team of experts and e-visionaries, supported by highly experienced advisors from areas of business development, AI, blockchain and ecommerce, announced another Eligma’s ambition, which they presented this week. As believers in the future of blockchain technology and crypto currencies, they are set to launch easy crypto transactions through their system, called EliPay. “We are lucky in partnering with BTC d.d., a company which runs an esteemed Slovenian retail, logistics, business and entertainment centre called BTC City Ljubljana, with over 60 years of tradition. Its area, which spreads over 475,000 square meters, annually attracts more than 21 million visitors. With its unique ecosystem and more than 450 stores, BTC CITY hosts more than 4,000 business partners; they are an ideal testing lab, where we plan on testing EliPay and launching the first version of Eligma by the end of 2018,” stated Dejan Roljič, founder and CEO of the start-up behind the idea.

Entering a market which reached 2.3 trillion U.S. dollars in sales last year, the team is planning to develop Eligma to offer simple solutions for problems which are present for all online shoppers. Harnessing the power of machine learning and AI technology, they are building a platform that will save its users time and money by providing them with the best search results, based on the specifications of the product they are looking for online. This will be enabled through Eligma’s discovery feature, with which users will be able to access the plethora of different goods online from one account. Single log-in will be a unique feature that will simplify the on-line shopping experience. There will be no need to sign into several online stores for price or product comparison because Eligma will provide you with best deal for your next purchase.

With a first-stage roadmap and milestones spread over the next three years, the Eligma team is planning to develop a complete technological solution for resolving the drawbacks of commerce and e-commerce and simplifying the shopping experience. The start-up will be selling 300,000,000 ELI tokens with the hardcap of 24 million U.S. dollars through a public crowdsale, starting on 17 April, with the pre-sale for early project believers and contributors starting on 20 March. To learn more about the AI-driven blockchain platform that has a vision of transforming online shopping experience, visit www.eligma.io.

Contact

For more information about Eligma and its development process, please contact Sara Draskovic at media@eligma.com.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Eligma, an AI-driven Blockchain Platform That is About to Change the Online Shopping Experience

Eligma, an AI-driven Blockchain Platform That is About to Change the Online Shopping Experience

March 2nd, 2018 – Eligma, a cognitive commerce platform, will be connecting existing e-commerces and second-hand marketplaces into a one-point-stop for users. By harnessing AI and blockchain technology, Eligma is changing the way users discover, purchase, track and resell items online. To provide a new simplified user experience, a Slovenian-based company is set to launch its crowd sale on April 17 with a hard cap of $24 million.

Eligma was born as a response to problems identified in traditional retail and especially e-commerce, which has exploded in the recent decade. The project is entering a market, in which sales reached 2.3 trillion U.S. dollars in 2017. It aims to offer a set of previously unanticipated solutions to discover, purchase, track and resell items. This is now viable due to the development of artificial intelligence and blockchain technology.

“The value of Eligma is in its ability to give people the one thing they can never buy – time. It keeps track of our purchases and gives us a better overview of what we possess. It calculates the value of what we own and predicts when it`s the best time for us to sell. That is how Eligma is turning every household into a business,” explains CEO and founder, Dejan Roljič.

Eligma’s goal is to offer a comprehensive set of solutions, consisting of discovery, inventory and loyalty pillars. Using artificial intelligence, Eligma`s engine algorithm will process millions of data points from numerous online stores to compare product specifications and characteristics in order to find the product with the exact specifications users are looking for.

To save additional time and hustle, Eligma will introduce a unified shopping account, meaning that a single shopping cart and checkout process will suffice to complete purchases in multiple online stores at once, whereas the platform`s cryptocurrency payment gateway will enable users to pay with cryptocurrencies even if the online stores don’t support them yet.

With the inventory feature, users will be able to see the AI-predicted current and future item value and then decide when to sell those items. That is how every household will become a business. Eligma will offer various possibilities of using its ELI token for activities performed on the platform. Users will be rewarded for using the token through a universal loyalty system. It will consolidate merchants in an integrated open-loop universal loyalty system and provide a simple and convenient user interface. There will be no need to register with a standalone loyalty program of each merchant.

The idea of solving the problem of the abundance of products found online has brought together some of the most prominent entrepreneurs: “We are partnering with important individuals and organizations to have access to an array of knowledge, expertise and experience in commerce and technology. Amongst the advisers are Andy Baynes from Nest-Google-Alphabet and Peter Moricz from ChainX, both promising a global reach and impeccable delivery,” adds Dejan Roljič.

The Eligma company was founded in 2017 by three experienced Slovenian businessmen – Dejan Roljič, founder of ABC Accelerator, Matej Gregorčič, founder and CEO of Viberate, and Jože Mermal, CEO and chairman of BTC d.d. The development process of the platform is additionally reinforced with strategic partners, such as Spartan Solutions and Netis, both leading cryptocurrency and blockchain development companies in Europe.

To develop a technological solution for resolving the drawbacks of commerce and e-commerce and simplify the shopping experience, Eligma is raising funds through a public crowdsale, starting on April 17th. Early contributors will be able to join the presale of the ELI token, starting on March 20th. To learn more about the AI-driven blockchain platform that is about to transform online shopping experience, visit www.eligma.io.

Contact

For more information about Eligma and its development process, please contact Sara Draskovic at media@eligma.com.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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