Eduardo Ibanez to Acquire Blockchain Technology from Velocity Ledger

Velocity Ledger, Inc. today announced that it has entered into a definitive agreement to grant state-of-the-art 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 take a key role in the new company and sit on its board of directors.

Mr. Sloves said, “This transaction will significantly advance blockchain integration in one of the largest sectors of the global economy. We look forward to working with Eduardo to make these advances possible.

Y2X Chairman 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 using it to realize Eduardo’s vision on a global basis is a step to changing the future.”

“The ability to travel is a manifestation of an individual’s freedom, a freedom that should be an inalienable right. Velocity Ledger technology allows us to create a decentralized economy where users can transact directly with each other and be rewarded for their data, interactions, and activities of daily living. I believe this is vital to the future of travel,” said Mr. Ibanez. “We look forward to working with the company and growing its community of ‘users to disrupt the travel landscape.’

About Velocity Ledger, Inc.

Founded in 2018, Velocity Ledger (VL) is a private blockchain-enabled platform powered by Velocity Ledger technology that enables tokenized asset generation, secondary trading and settlement. VL is a complete technology solution that works as a service with tools to support the investment, trading and settlement process for multiple asset classes, including NFT and security tokenization and crypto -OTC currency.

About Eduardo Ibanez:

Eduardo Ibanez was born in Philadelphia and a father of three, currently residing in Westport, CT. Eduardo has significant technology experience in the travel space, having worked with JetBlue founder David Neeleman, bringing AI to airlines and online travel agencies, having been Chief Scientist at Priceline.

David ShulerPresident
Hurry: [email protected] Phone: 914-330-4961

THE SOURCE: speed register

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