Daily Archives: November 22, 2017

With OwlNest Blockchain Hotel Management Service, OwlTing Targets 30,000 Hospitality Clients by 2019

NEW YORK, Nov. 22, 2017 (GLOBE NEWSWIRE) — The global travel & tourism industry is a US$7.6 trillion market, roughly 10% of the world’s GDP. Global brands and local hotel owners are facing fierce competition in the internet era. Over decades, hotels need to manage their own booking reservations from many channels and spend long hours sorting out the room availability and customer schedules. OwlTing, a Taiwanese technology company focusing on blockchain & e-commerce, is launching “OwlNest Blockchain Hotel Management Service,” an integrated lodging management platform to help hotels worldwide improve brand awareness and customer satisfaction.

Global Tourism Continues to Grow and Challenge the Hotel Booking Systems
With the rise of various online travel agencies (OTA), hotels must be able to strike a balance between pricing for visibility on major OTA channels and pricing for profitability on their own websites. Hotels also need to better understand their returning customers and adjust marketing strategy more proactively, which incumbent technology solutions cannot fulfill. OwlTing is answering this need by leveraging innovations in global blockchain communities. By subscribing to OwlNest, hotels can reduce operating costs and improve customer experience and profitabliy via a cloud-based, integrated platform.

Integrated Hotel Management System built on OwlNest Blockchain Service
OwlTing’s product suite covers mobile e-commerce, local travel experiences and blockchain services. “OwlTing’s deep engineering experiences enable us to provide innovative blockchain solutions for the global hospitality industry,” said Darren Wang, founder and CEO of OwlTing. “With the launch of OwlNest, our team, already working with hotels and hostels in the United States, Taiwan, Japan, Malaysia, will bring OwlNest to over 30,000 hotel by 2019. We expect the advanced blockchain technology behind OwlNest to create huge value for hotels and travelers by solving critical pain points. We are excited to offer the world a really awesome choice.”

OwlNest is the world’s first all-in-one Ethereum-based hotel management service with Booking Engine and Property Management System(PMS). Smart contracts in Ethereum allow flexible inventory management and efficient booking transactions, with enhanced customer privacy and transaction security, thanks to blockchain. Staffing costs can be greatly reduced by integrating hotel management systems (Booking Engine, PMS and Channel Manager) on a shared ledger, while consolidating orders from official hotel portals, OTAs or other distribution channels.

OwlNest blockchain services also allow hotels to design customized pricing packages, identify returning customers, collect customer preferences and automatically adjust promotion campaigns by seasonality and customer behavior more easily.

OwlNest’s scalable design also enables hotels to earn more revenue by adding on-premise services, local experiences and other travel partners to an integrated dashboard, providing an one-stop shopping experience on their own portals (Booking Engine). OwlNest also supports multiple payment gateways such as credit card, PayPal, WeChat, Alipay, Apple Pay, Bitcoin and other blockchain-based payment services in the future. Hotels and hoteliers will be able to take full advantage of the online PMS and Booking Engine just like the Amazon Web Services (AWS) for small businesses, anytime, anywhere.

Taiwan as an Innovation Island for the Global Blockchain Industry
“OwlTing is an important strategic investment in our investment portfolio,” said Thomas Hu, founder and CEO of Kyber Capital. “Builidng a sustainable business model by solving real problems is the central issue facing the global blockchain industry. OwlTing has set a new commercial benchmark to which all aspiring blockchain entrepreneurs should be measured. We are proud to say that once again, our portfolio company has demonstrated the strength and potential of Taiwan in the field of blockchain.”

[About OwlTing
OwlTing is a technology company focusing on e-commerce and blockchain. OwlTing’s services include social platform, marketplace, global travel experiences and blockchain solutions. OwlTing’s global travel experiences platform is already the top & fastest-growing travel platform in Asia since its launch in 2017.

The Taiwan Milk Map and Fruit Map have broken the barrier of conventional methods of regional retailing and distribution, helping farmers and manufacturers quickly transition into mobile e-commerce and earn more.

In 2017, OwlTing has released the world’s first Ethereum-based food provenance system OwlChain in May and launched the world’s first blockchain hotel management service OwlNest in November.

Headquartered in Taipei,Taiwan, OwlTing operates globally with branch offices in USA, Japan and Malaysia, we will further expand to Europe in 2018.

[Media Contact]

Lesley Kuo 
lesley@owlting.com

VistaJet Partners With Christie’s for the Global Tour of The Collection of Peggy and David Rockefeller

The sale will be the most significant philanthropic auction ever presented

LONDON, Nov. 22, 2017 (GLOBE NEWSWIRE) — VistaJet, the first and only global private aviation company, announces today its worldwide sponsorship of the exhibition and tour of The Collection of Peggy and David Rockefeller, the most significant auction entirely dedicated to raising funds for philanthropic causes.  The sale, consisting of numerous categories, will be conducted by Christie’s, the world’s leading art business, and will include a highlights exhibition tour in Hong Kong, London, Los Angeles and New York.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/c78fdce7-7651-42a8-a621-14088da2cc86

http://www.globenewswire.com/NewsRoom/AttachmentNg/33af2489-a9a8-4bbe-b5f7-78e4c1f29ca2

http://www.globenewswire.com/NewsRoom/AttachmentNg/a16c208a-fd0f-4a59-8b1e-54cd97c3d8e5

“We are excited and honored to partner with Christie’s to present to the world the spectacular exhibition and world tour of The Collection of Peggy and David Rockefeller,” said Thomas Flohr, Founder and Chairman of VistaJet.  “Since I founded the company in 2004, art and philanthropy have always had a significant role, as passions we share with many of our clients. Offering curated experiences – in the areas of art and design, hospitality, travel and culture – is a cornerstone of the VistaJet brand, and the sponsorship of such an important collection is a way for VistaJet to support not only the arts, but David and Peggy Rockefeller’s philanthropic endeavors.”

The highlights from this collection will be unveiled for the first time in Hong Kong on November 24, marking the start of a global tour for the world’s top art collectors, in addition to the general public. After Hong Kong, the exhibition will travel to Christie’s flagship locations in London, Los Angeles and New York, revealing new elements of this multi-category collection with each stop.  VistaJet will host an exclusive program of client events including rare experiences, art forums and a lecture series. The global tour will culminate in the auction of the collection at Christie’s Rockefeller Center Galleries in New York in Spring 2018.

To further enrich the global exhibition tour, VistaJet has created three exclusive experiences for VistaJet and Christie’s clients. The World of Art Experience will offer customers the opportunity to travel to all four of The Collection of Peggy and David Rockefeller exhibitions in Hong Kong, London, Los Angeles and New York on-board VistaJet for a private tour at each location. By booking this multi-leg journey, VistaJet will transport clients and their art at no additional cost on flights anytime, anywhere*. Your experience will also include a year-long membership** to The Cultivist, the global arts club.

Secondly, The Direct Experience will offer any guest flying with VistaJet to any of The Collection of Peggy and David Rockefeller exhibitions in Hong Kong, London, Los Angeles or New York, an invitation to receive a complimentary membership to VistaJet Direct worth $10,000. The Direct membership gives clients access to available VistaJet private flights at special rates from any mobile device, through the world’s first end-to-end business jet app.

The third exclusive opportunity, The Rockefeller Experience, will allow up to 10 guests travelling with VistaJet on one of its 72 silver and red jets to New York, a rare opportunity for a behind the scenes discovery tour of the Rockefeller collection, before enjoying a multi-taste feast at an exclusive Upstate New York venue. Guests will then be invited for a personal tour of The Collection of Peggy and David Rockefeller exhibition in New York, and to join the live auction at Christie’s New York with leading art experts.

Sales of The Collection of Peggy and David Rockefeller will be conducted in keeping with David Rockefeller’s pledge to direct the majority of his wealth to philanthropy and provide for the cultural, educational, medical and environmental causes long supported by both David and Peggy Rockefeller. All the Estate proceeds will be donated to charities, directly benefiting the philanthropic missions that have been maintained by the family for decades.

Find more info on how to enjoy The Collection of Peggy and David Rockefeller with VistaJet at VistaJet.com/TheArtOfFlying/Christies

* Insurance and transportation terms and conditions apply.
** Membership to The Cultivist upon application.

VistaJet Press Contacts: 
Global and EU: Jennifer Tyler | T: +44 203 617 3077 | M: +44 7834 335505 |  jennifer.tyler@vistajet.com
Asia: Amy Yang | T: +852 2901 0502 | M: +852 9080 3985 | amy.yang@vistajet.com
USA: Michael Salamanca | M: +1 917 755 3734 | michael.salamanca@vistajet.com

Christie’s Press Contacts: 
New York: Sara Fox | + 1 212 636 2680 | sfox@christies.com
London: Hannah Schweiger | +44 207 389 2664 | hschweiger@christies.com
Hong Kong: Lavina Chan | +852 2978 9919 | lavinachan@christies.com

About VistaJet 
VistaJet is the first and only global aviation company. On its fleet of silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries worldwide. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers pay only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program service offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anywhere and at any time. More VistaJet information and news at vistajet.com

About Christie’s
Christie’s, the world’s leading art business, had global auction, private and digital sales in first half of 2017 that totalled £2.35 billion / $3 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery. 
Alongside regular sales online, Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

Nasdaq to Deliver Blockchain e-Voting Solution to Strate

South Africa’s central securities depository (CSD) will leverage the solution to improve voting efficiencies and increase shareholder participation in South Africa

STOCKHOLM, Sweden and JOHANNESBURG, South Africa, Nov. 22, 2017 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) and Strate (Pty) Ltd, the South African CSD, announced today an agreement for Nasdaq to deliver a new blockchain solution that would bring electronic voting to the South African capital markets. The solution will allow Strate, in conjunction with key stakeholders in the market, to provide general meeting services and give shareholders an easy, user-friendly and secure tool for voting remotely. The solution is based on the successful proof of concept (PoC) developed for Nasdaq’s Estonia market. In addition, Strate will contribute to the ongoing market development of e-Voting technology.

“We are very excited about our initiative with Nasdaq and what it means for the South African financial markets,” said Tanya Knowles, Managing Executive of Fractal Solutions, a division of Strate (Pty) Ltd. “One needs to understand that the environment at the moment is very administratively intensive, which means there are many inefficiencies and risks associated with it. This is not ideal in today’s electronic age, as technology like blockchain can serve as a solution. The solution aims to service our clients’ needs across the market from transfer secretaries to issuers, custodians, asset managers and those holding shares in listed companies. Given that it is an end-to-end solution – from the time a meeting is announced and all the way through the voting process to the publishing of results – it means that all stakeholders will truly benefit within the process.”

“A major indicator of progress in the capital markets is when technology not only bolsters performance, but also improves efficiency and transparency,” said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. “By leveraging blockchain, we are able to reduce friction in the voting and proxy assignment process and also ensure that all information is transparent to stakeholders when required and with the proper security, governance and risk procedures in place. We are proud to welcome Strate and the South African capital markets to the Nasdaq family and to support their efforts in evolving their governance processes through new technological innovation.”

Benefits to Shareholders, Issuers and Proxies:

  • Remote participation and proxy assignment;
    • Submitting votes before and/or voting during the general meeting;
  • Secure (multifactor) identification of shareholders and their representatives;
  • Information about meetings, agenda items and management proposals is easily reachable;
  • Full track record of assigned proxies (i.e. chain of proxies) and casted votes;
  • Online / real-time access to voting results;
  • Data is saved in an immutable ledger;
  • Transparency and auditability of voting results for listed companies; and
  • The end-to-end management of general meetings from announcement to results.

Benefits to CSDs, Exchanges and Market Infrastructures:

  • Reduced complexity through end-to-end general meeting administration in a single solution – from notification and material distribution to voting management and reporting at the general meeting;
  • Enhanced insight through real-time data access to securities holders, holdings and votes and ability to view full voting history on a single account;
  • Safety, security and speed benefits of leveraging blockchain technology with a fully auditable view of actions recorded in the immutable ledger; and
  • A standard Application Programme Interface.

About Strate
As a South African Central Securities Depository, Strate is licensed to be an independent provider of post-trade products and services for the financial markets. Its pioneering and innovative solutions to deliver reliable exchange of value settlement systems are built on an 18-year foundation of trust. Being internationally recognised as a Financial Market Infrastructure, Strate provides sound risk management and a world-class service, priding itself on its high levels of operational excellence to support and promote the safety and efficiency of the financial markets.

Strate provides electronic settlement of equities, bonds and money market securities and provides collateral management services. It offers an asset servicing product range to augment the services it offers to issuers in terms of the Companies Act No. 71 of 2008 and the Financial Markets Act No. 19 of 2012.

It also identifying new opportunities by exploring disruptive technologies.
www.strate.co.za

About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

For Media Inquiries

Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile:  +44 (0) 7809 596 390

Strate

Leigh Bevis
+27 (0)11 759 5466
leighb@strate.co.za
Nicole De Matos
+27 (0)11 759 5405
nicoled@strate.co.za
Tanya Knowles
Managing Executive: Fractal Solutions
+27(0) 11 759 5317
tanyak@strate.co.za