Aussie Blockchain Project ShareRing Gets Investment from Alpha Sigma Capital for Unified Ecosystem for the Travel, Sharing and On-Demand Economies

    ShareRing management’s team has successfully executed gig-economy applications for mobility rentals and travel. The ShareRing app is focused on the fragmented $7 Trillion travel economy by integrating travel documents and itineraries into an all-in-one travel app.

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    sharering, alpha sigma, investment, vc, blockchain, share, economy

    Digital assets investment fund focused on delivering growth capital to blockchain companies and projects Alpha Sigma Capital (ASC) is backing blockchain startup ShareRing, who is well-positioned to take advantage of the fast-growing sharing and rental (gig) economy.

    “The ShareRing platform is built on distributed ledger technology, which means every transaction is secure and users’ identities are checked and authorized before a rental agreement takes place. This also allows for a quicker and more secure booking process. ShareRing offers lower fees to both merchant and user; with seamless cross border payments.” said Tim Bos, Co-founder, and Chairman of ShareRing.

    “Gaps in the travel experience will be remedied by apps like ShareRing. Blockchain and cryptocurrency present a unique global solution to these challenges and we believe that ShareRing’s management team has the experience and sophistication to deliver.” commented Enzo Villani, Founder, and CEO of Alpha Sigma Capital.

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    With its easy-to-use platform that allows for expedient and efficient travel activities such as express hotel check-in, eVisa applications, car rental/sharing and with single identification access and login, ShareRing’s services will initially launch across Australia and South East Asia.

    COVID-19 Response to Travel and Delivery

    In 2020, in response to COVID-19 pandemic, ShareRing released ‘ShareRing Shop’. The application was created to ease food grocery delivery for gig economy users, customers, and merchants. ShareRing has also developed a number of protocols on top of the ShareLedger blockchain which can make it easier to travel during the ongoing global pandemic. These applications include no-contact check-in at hotels and an online e-visa application integrated with identity verification. Additionally, ShareRing ID’s COVID passport functionality will allow for easier travel between countries during the ongoing global COVID-19 pandemic.

    ShareRing’s value proposition includes travellers being able to book and pay for over 2.6 million hotels/accommodations, 1.2 million car rentals, 200,000 activities, and flights in over 200 countries using fiat or crypto. Furthermore, the company has made strides with significant partnerships providing a more seamless customer experience.

    Alpha Sigma Capital (ASC) is an investment fund focused on blockchain companies that have successfully built a user base, demonstrating real-world uses for their decentralized ecosystems. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. You can find more information at www.alphasigma.fund.

    ShareRing is a new platform that wants to take the hassle out of travel, with its all-inclusive travel app for both businesses and consumers. ShareRing is led by CEO and Founder Tim Bos. Along with the other 5 founders (Rohan Le Page, Peter David, Neville Christie, Jane Sadler-Kidd and Barry Brewster). The team recognized the potential to disrupt the fragmented sharing economy with blockchain technology. The group has successfully launched a previous car-sharing venture called ‘Keaz’, which was acquired by Wunder Mobility in 2019. Utilizing the knowledge gained from this prior experience, the team began working on ShareRing. For more information, please visit https://sharering.network.


    Also published on Medium.