UNLEASH THE POWER TO TRAVEL

ETH TRAVEL TOKEN Pre-ICO WILL OPEN IN...

ETH TRAVEL TOKEN Pre-ICO WILL ENDS IN...

ETH Travel Token Ico Starts in

Eth Travel Token Ico Ends in

ETHTT

Ethereum Travel Token

Thank you for your interest in Ethereum Travel Token.
PRE-ICO sale is live now   and will end on June 15th 2018

ICO starts on July 1st 2018 and ends on July 30th 2018

About Ethereum Travel Token

Ethereum Travel Token is a disruptive decentralized travel ecosystem integrated with federation protocols (SAML, OAuth, WS-TRUST/FED) built on ERC20 technology for the travelers to book or manage their travel reservations in Travel Industry including Airlines, Hotels and Car Rental Industries.

ETH Travel Application - Using Ethereum Travel Tokens, traveller will be able to book and manage travel reservations with the airlines, hotels, car rental industries directly.

Ethereum Travel Token's goal is to integrate all the Travel Industries (Airlines, Hotel and Car Rentals) under one umbrella to enable the peer to peer integration between the traveler and the travel industries.

Decentralized & Transparent Travel Industry Management

PRE-ICO


ETH Travel Token Pre-ICO

The Pre-ICO token sale will be strictly allowed only for the first 5000 buyers and they will receive an additional bonus tokens on their purchases during the Pre-Sale event. One billion ETH Travel Tokens which will be proportionately distributed to the first 5000 ETH Travel Token buyers respectively.

 

The Pre-ICO event will last for 11days starting from 5th June 2018 till 15th June of 2018.

The Pre-ICO token supply will be 1,000,000,000 (Tokens will be distributed after the Pre-ICO)

ICO


Ethereum Travel Token Sale
Key information about the upcoming token sale

KEY INFORMATION SUMMARY

Total Supply 10,000,000,000.
Available Supply 6,000,000,000.
Soft-Cap 10000 ETH.
Hard-Cap 100000 ETH.
Tokens Distribution After the ICO
Open Date June 5th 2018
ICO Crowd Sale July 1st 2018
Base Rate 1 ETH = 10000 ETHTT
 
 

ETH Travel Token Distribution

ETH Travel Budget Allocation

 
 

Ethereum Travel (ETHTT) Token Discount Structure

Token discounts will be awarded based on supply that is sold. As more tokens are distributed, the discounts will decrease. To make sure you receive the highest bonus, you should try to contribute as early as possible.

The full discount structure is defined below:

Sale Phase Discount % Dates 1 ETH Contribution
ICO Phase 1 30% 07-01-2018 to 07-10-2018 13,000 ETHTT
ICO Phase2 20% 07-11-2018 to 07-20-2018 12,000 ETHTT
ICO Phase3 10% 07-21-2018 to 07-30-2018 11,000 ETHTT
 

ETH Travel Token Blockchain Technology ERC20


Blockchain technology will not only disrupt banking - Travel Industry too is to be shake-up


Applications of ETH Travel

ETH Travel Applications based on Ethereum ERC20 blockchain technology in conjunction with Federation Protocols (SAML 2.0, OAUTH, WS-FED) across multiple use cases


The life of a Ethereum Travel Token transaction starts at one ETH Travel application and ends at another Travel Industry using integrated federation protocols...

Ability to Manage/Book Travel Reservations Using ETH Travel Token Mobile Application


Logical Overview
  • A Users open their their ETHTT Travel APP to manage or book travel reservations for airline, hotels or rental cars.
  • B Users can securely access their account information via ETH mobile wallet application or the portal application located in the secure element.
  • C Upon successful authentication, the secure element accesses the user account information, encrypts it and passes it on to the mobile network operator (MNO), over the blockchain network.
  • D The MNO, using secure federation technology protocols (SAML 2.0) transfers the encrypted data to the trusted service manager (TSM) in the form of blocks.
  • E The TSM decrypts the data and passes it on to the Airlines, Hotels or Car Rental Industries- service providers or vendors.
  • F The Airlines or Hotels/ Car Rental settles the transaction against the user's ETH Travel account. The ETH travel releases the tokens and sends back to the user's phone through the samemechanism above.

ETH Travel Token APIs which will be used to build for integration with consumer facing applications (Airlines, Hotels and Rental Car)


Description

This Application layer consists of APIs (Application Programmable Interfaces) to facilitate the use of blockchain functions and user interfaces to enable consumer interaction.

 

Key Features

Ethereum Travel Token APIs resemble modular building blocks that enable different kinds of functionalities to be implemented to integrate with Airlines, Hotel, Rental Car Industry applications. Some key features are:

  • Usability" APIs are quick and easy to use, with consistent structure and business functionalities, enhancing developer productivity.
  • Extensibility " Modular API design can ease capability extension.

User interfaces (Apps) utilize APIs and are capable of communicating with each other during user transactions.

Example

  • Alice uses the Ethereum Travel Application to explore travel bookings and execute various transactions using Ethereum Travel Tokens.
  • On hitting 'Book' button, several underlying APIs are invoked and execute the transactions
  • Alice can view her transaction log until completion within seconds or be notified if balance changes.
 

Sample Ethereum Travel Token APIs

Application API

Get Balance
Get Address
Get Current Price
Get Transaction History

Notification API

Create Notification
Enable Notification
Display Notification
Disable Notification

Sample User Interface

Welcome Alice!
Current Balance: 10020 ETH Travel Tokens
 
Why is it important?

Why should Travel industry domain get excited about
Ethereum Travel Token ?


  Traditional Travel Booking Ethereum Travel Token


Trust
The Online Travel Agencies and GDS holds your personal information related data. You hold the key to your money and reservations. No need to trust a third party.
Heavy regulation and oversight to ensure the OTA (Online Travel Agencies and GDS) don't corrupt. No regulations needed since control is not centralized to any single bad actor.





Efficiency
Expensive controls against theft and fraud. Security derived from the consensus of the network.
Complex system of Global Distributed System and intermediaries make it expensive for the users and travel domains to make or modify reservations, especially internationally. Direct, free peer to peer transfer without any intermediaries.
Hundreds of currencies, fluctuating in value and subject to local laws and regulations. First truly global currency in travel industry.

ETH Travel Tokens potential stems from a set of characteristic attributes


Key Features

ETH Travel Token ERC20 Blockchain Functioning

User creates transaction using ETH Tokens
Transaction as a 'block'
Block is transacted using federation protocol
 
Network nodes approve
Block added to chain
Transaction entered on ledger

The features of ETH Travel Token based on ERC20 technology integration with Federation Protocols can deliver significant value to travelers and travel industry


  • Decentralized
    processing
    network
  • Increases speed of exchange between user transactions using ETH Travel Tokens, which reduces backlog and overall costs of paying commissions to the travel agents
  • Improves resource availability and reliability in real-time.
 

  • Distributed
    ledger
  • Increases efficiency by standardizing data formats in transaction, enabling interoperability, and ensures process integrity.
  • Reduces risk of fraud, error and invalid transactions because records cannot be altered.
  • Improves auditability because records are verified in near real-time.
 
  • Digital
    signatures
  • Helps identify the correct value of the booking reservations, thereby, ensuring the data integrity between the transactions of the user and airlines, hotel and car rental industries.
 
  • Programmable
    logic
  • Enables new capabilities to be added to existing services and processes in the travel industry.
  • Enables collaboration rules and methods to be strictly enforced.
 

  • Private vs. public
  • Private blockchain restricts participation of travel agents or employees of a travel agency or group of organizations.
  • Public blockchain enables anyone to participate in any capacity.

ETH Travel Token differs from conventional traditional current travel booking system in several ways


 
Current Travel Booking System
ETH Travel Token
  • Control
  • Centralized control makes maintenance easier.
  • Decentralized control reduces dependency on third party travel agents. Thereby, controlling the user's confidential information shared across different vendors to book/manage the travel reservations
 
  • Access to Data
  • Tracked through rights and permissioned access managed centrally.
  • Non-trusted participants can join the ETH Travel ERC20 blockchain technology with restricted access to data.
 
  • Traceability
  • Complex data dependency and business model makes auditing difficult.
  • Easy traceability due to combination of IDs and history of transactions using federation protocols.
 
  • Scalability
  • Complicated process to scale for large data sets as scalability is achieved through replication.
  • Shared resources make scalability easy to achieve.
 
  • Security
  • Subjective protocols and techniques to ensure security while providing more control.
  • Cryptographically signed history maintains data integrity between the user transactions and the travel industries.
 
  • Immutability
  • Manipulation of historical interactions with data is possible and immutability is lost.
  • Unchangeable transactions on the ERC20 technology make it immutable but give lesser.control.
 
  • Real-time
  • Prolonged query times for large databases reduces possibility of real time reporting.
  • Shared querying and syncing enhances response time for reports.

Ethereum Travel Tokens " Understanding a typical transaction.


ETH Travel APP

 

User Login with digital identity that was created with user information upon registration. Once authenticated, a session cookie gets created.

Manage/Book Reservations

 

Variety of business rules applied to check user's balance, availability of airline tickets/ hotels rooms/ car rentals in the requested region, etc.

Determine the correct service provider

 

Social matching algorithm to get the lowest fare from the airlines, hotels and rental car service providers.

 
 

Complete Transaction

 

Location data used to verify 'proof-of-movement' using Federation (Cookie) and determine the cost in terms of ETH Travel Tokens.

Send Travel Booking transaction Confirmation

 

Real-time response will be sent to notify both the user and the service provider of the match and will generate the user's transaction using ETH Travel Tokens .

 
Roadmap for Enterprise Adoption

Road Map

 
 

ETH Travel in the Media


 
 
 
 
 

Our Team


Oinoun Rauli

CEO & Founder

Oinoun Rauli leads the Ethereum Travel blockchain technology Practice. He has over 20 years of experience in advising major travel industries on the strategic, operational, regulatory, of operating regulated travel industry services business models around the world, including both consumer lending and service provider products.As part of this initiation, Rauli is much focused on ensuring the right functional expertise is aligned to ETH Travel efforts and the broader Blockchain work that is being connected to multiple travel domainset.

Brain Rambach

Chief Technology Officer

Brian is leading the PoC work within the Blockchain/Smart Contracts ETH Travel domain practice. He is a subject matter expert in Blockchain technologies and focuses on Business Model and Operating Model Innovation using this technology. He has over 17 years of experience in providing consulting services to large global companies. primarily in travel industry sector in various kinds of initiatives ranging from develop strategy to design operating model and successfully implement solutions.

 
 

Salonen Kasi

SVP Business Development Manager

SalonenKasi is part of the Travel Capital Marketing team, specializing in effectively delivering large transformation programs at top travel and tourism industries including Airlines, Hotels and Car Rentals. She has over 20 years of experience in running front-to-back programs across divisions at travel industries such as Lufthansa and FATC. She has designed and managed large scale implementations through the entire lifecycle, from design through build, test, and adoption/conversion. She is an expert at running multidisciplinary teams and in making large programs deliver what the business needs for the transformation, with particular focus on managing the risk and the costs involved with any large transformation. She is currently focusing on introducing block chain technology through optimizing shared service models, and most especially, through more effective use of travel industry talent within ETH Travel.

Williams Smith

Director of ETH Travel Platform

Williams is part of the Ethereum Travel Blockchain technology senior executive and practice leader in Ethereum Travel R&D, which mainly focuses on the technology and cyber- security parts of travel industries. He has more than 20 years' experience in managing the development of advanced federation integrations and also leading the quality assurance department of the product.

Williams is involved in driving a secure developing lifecycle framework in Ethereum Travel, this corresponds with the high requirements of Blockchain and Federation related software and the conjunction with encryption, hashing, and key distribution and management.

 
 

Paul ladder

Senior Product Lead

Paul Ladder is currently leading the Ethereum Blockchain practice with a focus on travel industries and has been involved in the space for the last three years specializing in business case development for next generation travel industry market structure anchored in Ethereum Blockchain methodology. Paul has over 16 years of experience in providing consulting services through KPMG to large global companies. primarily in travel and oil & gas sector in various kinds of initiatives ranging from develop strategy to design operating model and successfully implement solutions.

David Muller

Senior Developer

David Muller is part of ETH Travel's BlockchainEmerging Technology Lab in Amsterdam. He is a graduate of Blockchain University: Cohort #5 and has experience with Eris based Blockchain deployment and Smart Contracts coding and is in charge of developing the technology for the ETH Travel economy effort. He is the Senior Developer for The Technology Lab focuses on researching and prototyping new solutions for ETH Travel clients across Asia Pacific and EMEA. In this capacity, David works closely with the business, developing private blockchain delivery methods. David was previously part of the core financial diligence team with multiple travel industry firms, and is a pro-bono financial advisor to social enterprise businesses.

 
 

Mark Davis

Senior Developer

Mark is a Product Lead within the team. He has more than 10 years of experience in designing and building web and mobile products in the ERP, CRM and EBS technology for travel industry sectors. By bridging a strong engineering background with deep product thinking, along with a passion for design and UX, Mark has been pivotal in shaping multiple world-class payments platforms.

In his most recent role, Mark was a Senior Consultant at EY, one of his responsibilities was overseeing the design and UX of digital currency payments to the end consumers and merchants in EBS space. He also forged key relationships with numerous Silicon Valley companies in the bitcoin, blockchain and payments space.

Chong Long

Sr Product Lead

Chong has more than 16 years of experience in Information Technology, Federation related integration deployments, Cybersecurity, Privacy, IT Governance Risk and Compliance and national/international regulatory requirements in the Information Technology space.

Chong has led projects and worked in major travel industry service sectors. He has a strong international background having lived and worked in Europe and led teams in EMEA and APAC (China). His comprehensive technology background allows him to provide insights on all aspects of information technology strategy, risk, compliance, and control with related to Blockchain and federation integrations with all the major travel industries.

Our Advisors


Julia Oona

(Senior Advisor)

Julia is the EMEA lead and Senior Advisor for ETH Travel across EMEA in Ethereum ERC 20 Blockchain. She worked with Clients and partner firms to understand and shape how this technology will be used to drive efficiency, transparency and speed across the travel industry market. She has over 18 years of experience in multiple industries delivering technology and operating model changes end to end user transactions and market infrastructure industries. Julia has a deep understanding of travel transactions across various travel industries, clearing settlement, collateral management and operations.

Julia has developed and delivered a number of transformational change projects at major travel industries (KLM, SPG& Marriott) through KPMG and helped them plan structures that respond to the needs of Recovery and Resolution. Prior to joining in ETH Travel, Julia was with AIR France for 11 years leading the Airline Markets practice in France.

Kimura Laura

( Advisor)

Kim Laura is part of the ETH Travel Blockchain working group. She is a graduate of Blockchain University: Cohort #5. Kim has worked on a wide variety of Blockchain business development projects, including advising, developing PoC proposals, strategy and solution development, and reviewing Blockchain and Federation integration best practices with several major companies. Kim has also been a part of the ETH Travel practice's onboarding team, she has experience identifying and onboarding startups into ETH Travel. Kim is part of the travel industries markets practice and has been working with major airlines, hotels in projects involving end to end travel transactions for the last couple of years.

 

Marcia Groell

( Advisor )

Marcia is a Blockchain and Smart Contracts proposition advisor in ETH Travel Practice. As a bona-fide polymath, Marcia has been instrumental in synthesizing rich insights from Travel Industry Markets, Competitive Strategy, Regulation and High Tech to advise clients across EMEA in senior management, startups, private equity and regulation in framing their response to the disruptive potential of Distributed Ledger Technology. Prior to ETH Travel, Marcia served in advisory board for global technology and innovation roles at Marriott, Enterprise Car Rental and Marriott Hotels Research through Deloitte and EY. She delivered state of the art technology solutions using hands-on SME experts in BI, big data analytics, distributed computing, distributed databases, cryptography and network protocol engineering, which afford her the specialist insights into the applications and challenges of Travel Industries eco system.

FAQ 'S


Ethereum Travel is building its first of a kind, a travel eco system in the block chain era using ERC20 and federation technologies to have a peer to peer integration between the travel industry suppliers (Airlines, Hotels and Cars) and make it ease to its customers to use Ethereum Travel Tokens (ETHTT) to book their flights, hotels and rental car reservations.

Ethereum Travel Token is a disruptive in travel industry that provides a much better user experience and provide more extra layer security by eliminating the middle online travel agencies and GDS (global distribution system) for the users to book their flight/hotels/rental car reservations using ETHTravel Tokens.

Ethereum Travel's vision is to take a different approach other than the current traditional online travel agencies. Our goal is to integrate the different travel domain industries (Airlines, Hotelsand Car Rentals) using Ethereum ERC20 blockchain technology and Federation protocols to bring all the three domains under one umbrella. This will help all the travelers around the world to login to the Ethereum Travel Cloud application to book/manage their own reservations using Ethereum Travel (ETHTT) Tokens without the need to convert the loyalty travel rewards/points (Platinum, Gold, Silver…) from various travel industries (airlines, hotel and rental car) and also, contact the Online Travel Agencies and share their personal credit card information.

The Token Sale will start from June 5' 2018 and end on July 30' 2018. The Ethereum Travel Token Sale will be scheduled with four rounds (each round starts at 12:00 AM UTC). The Pre- ICO Pre-Sale (Round 1 starts from June 5th to June 15th), ICO Phase 1 (Round 2 starts from July 1st to July 10th ), ICO Phase 2 (Round 3 starts from July 11th to July 20th), ICO Phase 3 (Round 4 starts from July 21st to July 30th) .

For those Users who are contributing the ETH have to follow the process by clicking link here. link here.

1 ETH = 10000 Ethereum Travel Tokens (ETHTT).

The minimum contribution amount to invest is 1 ETH. There will be no maximum in any of the ICO phases.

When sending the Ethereum directly to the address provided on ethtravel.io, users will receive the Ethereum Travel tokens after the PRE-ICO and ICO stages

Ethereum Travel Tokens (ETHTT) will be listed on all major exchanges in October' 2018

60% of the total number of ETHTravel Tokens will be allocated to the contributors during the token sale.

18% of the total number of ETH Travel Tokens will be allocated to the team and will be gradually vested over a 12-months period.

1% of the total number of ETH Travel Tokens will be allocated to Ethereum Travel Token Advisors.

21% of the total number of ETH Travel Tokens will be allocated to the Ethereum Travel company, to be used for future strategic plans for the created ecosystem, and as a reserve for the company.

63% of the total ETH Travel budget will be allocated to the infrastructure and development.

14% of the total ETH Travel budget will be allocated to theETH Travel business development and advisory board.

3% of the total ETH Travel budget will be allocated to the ETH Travel legal activities.

3% of the total ETH Travel budget will be allocated to the ETH Contingency Plan.

17% of the total ETH Travel budget will be allocated to the Marketing