GDA Capital to Provide ShareRing Growth Capital and Will Assist with the Distribution and Adoption of the SHR Token


CommPRO Editorial Staff

ShareRing (SHR) is an enterprise-ready blockchain geared towards the travel, sharing and on-demand economies. Focused on the fragmented $7 trillion travel economy, ShareRing’s travel app will create a more cohesive customer experience by bringing all the necessary activities and bookings into one ecosystem, including hotel check-ins, flights, visa and tourist applications, COVID passports, self-sovereign digital identity cards, mobile wallets, payment solutions and vehicle rentals.

GDA Capital will be providing ShareRing with growth capital and will assist ShareRing with the distribution and adoption of the SHR token at the institutional level.

Co-founder of GDA Capital Michael Gord commented on the partnership by saying:

“With a partnership network that includes dozens of vendors that are ready to integrate ShareRing into their existing business infrastructure, this network is one of the most ready for real-world activations that we have seen”.

Head of ShareRing, Tim Bos said this when asked about the partnership:

“It’s a real privilege to add GDA with their years of expertise under their belt to our growing list of influential partners and key collaborators. They are one of the top blockchain firms in supporting projects through development while also opening doors to numerous key firms in sectors ShareRing is operating within.”
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 to create a more seamless customer experience.

Source: Blockchain Wire