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Author Topic: Looking for Advisors and Team Members to join our project  (Read 1577 times)
3piecechickendinner (OP)
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November 14, 2017, 07:07:43 PM
Last edit: November 19, 2017, 09:49:57 PM by 3piecechickendinner
 #1

Hello,

We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled.  We need to fill out other key roles on our team and are looking for those who are interested.  Your compensation will be in our TBIT tokens once the main token offering has ended.  Below i have added some useful information about our project and the users involved.  Look forward to hearing from you!

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

This is the link to our video that describes what our product is(draft version)
https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0


Here is a rough draft of our Whitepaper
https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0

Website currently under development
www.TrustaBit.io

Join our Telegram to stay to up date on our progress
t.me/TrustaBit

Current team members  
Saritta Hines- Founder/ CEO
Blair White-  Director of Sales
Karega McCoy-  Solutions Architect
Landon Williams- UX/UI

Advisor
Troy Benjegerdes- Blockchain Advisor

I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop!

Thanks


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November 14, 2017, 09:09:17 PM
 #2

It would be helpful if you listed compensation for the positions. Whether that is via your coin or some other form of payment etc

Also you should outline requirements for the positions, and maybe a job summary.

Positivebetting
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November 14, 2017, 10:13:36 PM
 #3

It would be helpful if you listed compensation for the positions. Whether that is via your coin or some other form of payment etc

Also you should outline requirements for the positions, and maybe a job summary.

Thank you, but in my original post i stated the following about compensation.  "Your compensation will be in our TBIT tokens once the main token offering has ended"

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 14, 2017, 10:40:38 PM
 #4

Hey,

If you need to market your ico, be sure to contact us!
Read this post: https://bitcointalk.org/index.php?topic=2403712.0

Have a great day!
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November 14, 2017, 10:50:14 PM
 #5

This sounds like an interesting concept, but I have a few questions:

Do you have connections in the commercial airlines space? It sounds like this is something you would need to be partnered with an airline to pull off.
Have you done a technical analysis of the space to see if this is even possible? I assume you would need to interface with each airlines system in order to provide your solution. Do you need to book the flight through the blockchain as well? If not, how do you validate users as well as their need for a voucher?
The language in your white paper suggests you already have some sort of technology. Do you have a prototype or will the people coming on be building from scratch?
You plan on giving advisers approximately 5% of a potentially $50 mil ICO with a vesting period of only 6 months. Why?

Finally, why do you need a CTO, Project Manager, and Lead Developer? In a startup, they are all the same person. You only have 82 days until your ICO and you don't have a product. This is exactly the problem with the ICO space. A startup looking for a CTO this late is very unstable, you need time to get to know them and work with them. At this point you need 6-7 developers, not 2-3.
3piecechickendinner (OP)
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November 15, 2017, 12:00:29 AM
 #6

This sounds like an interesting concept, but I have a few questions:

Do you have connections in the commercial airlines space? It sounds like this is something you would need to be partnered with an airline to pull off.
Have you done a technical analysis of the space to see if this is even possible? I assume you would need to interface with each airlines system in order to provide your solution. Do you need to book the flight through the blockchain as well? If not, how do you validate users as well as their need for a voucher?
The language in your white paper suggests you already have some sort of technology. Do you have a prototype or will the people coming on be building from scratch?
You plan on giving advisers approximately 5% of a potentially $50 mil ICO with a vesting period of only 6 months. Why?

Finally, why do you need a CTO, Project Manager, and Lead Developer? In a startup, they are all the same person. You only have 82 days until your ICO and you don't have a product. This is exactly the problem with the ICO space. A startup looking for a CTO this late is very unstable, you need time to get to know them and work with them. At this point you need 6-7 developers, not 2-3.


Hi Thanks for your inquiry,

Quote
Do you have connections in the commercial airlines space?
I am currently building those relationships

Quote
Have you done a technical analysis of the space to see if this is even possible?
Yes we have done the technical analysis and will update the whitepaper with the transaction flow before November 21st.  

Quote
I assume you would need to interface with each airlines system in order to provide your solution.
Correct we would have to interface with their messaging systems and ticketing systems to name a few

Quote
Do you need to book the flight through the blockchain as well? If not, how do you validate users as well as their need for a voucher?
No, The passenger orders a ticket, the airlines confirms registration,the chaincode is created on the blockchain that stores ticket information and contract conditions.  Once the airlines cancels or delays the flight, the action is registered on the blockchain and the passenger receives notification.  On the blockchain the voucher is issued in accordance with the chain code and the passenger receives the voucher.

Quote
Do you have a prototype or will the people coming on be building from scratch?
We will all build this from scratch and open source tools where available

Quote
You plan on giving advisers approximately 5% of a potentially $50 mil ICO with a vesting period of only 6 months. Why?

This is done so that our advisors are economically incentivized to improve the network into the future and not just dump their holdings right after the sale

Quote
At this point you need 6-7 developers, not 2-3
When we are building out the MVP, then yes I definitely can see the need for 6 or more developers, but at the stage we are at we feel that 2-3 is enough to provide a high level architectural view, technical descriptions and a development plan for our system.

Quote
Finally, why do you need a CTO, Project Manager, and Lead Developer? In a startup, they are all the same person.

I have to disagree and say they should not be the same person in a startup.  Each role has a specialized skill set and the task should be separated out.  But if you have such a unicorn of a person with all of those skill sets at a Enterprise level I would be amazed!


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▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 15, 2017, 04:47:28 PM
 #7

How to apply and what are the qualification for those positions?
3piecechickendinner (OP)
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November 15, 2017, 05:29:13 PM
 #8

How to apply and what are the qualification for those positions?

Can you send me a PM with your linkedin profile?  Thanks for responding

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 15, 2017, 05:32:03 PM
 #9

Hey,

If you need to market your ico, be sure to contact us!
Read this post: https://bitcointalk.org/index.php?topic=2403712.0

Have a great day!

Thanks i will keep that in mind!

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 15, 2017, 10:49:24 PM
 #10

For projects of great value it took some strategy and ... To win government tenders, the participants should be looking for a strategy.
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November 16, 2017, 06:18:46 PM
 #11

For projects of great value it took some strategy and ... To win government tenders, the participants should be looking for a strategy.

Spammy much?

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▬【 FACEBOOK 】【 TWITTER 】【 ANN THREAD 】【 TELEGRAM 】 ▬
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November 18, 2017, 05:29:36 AM
 #12

Found a CTO at my current employer.  We have been working together for a year now and he has a broad technical background in C#, C++, Java Script and machine learning and he owns a donut shop taboot! (Woody Means on LinkedIn).  Still looking for a developer and advisors.

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▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 18, 2017, 09:57:26 PM
 #13

I see you have proceeded much with your campaign this month. So, I understand that you are occupied. That is why I write here too: I think I could help you. Basically, what I wrote in private is still valid. We could proceed with them or I am open-minded to discuss alternatives. We could discuss at Telegram, too.

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November 19, 2017, 03:55:09 AM
 #14

I see you have proceeded much with your campaign this month. So, I understand that you are occupied. That is why I write here too: I think I could help you. Basically, what I wrote in private is still valid. We could proceed with them or I am open-minded to discuss alternatives. We could discuss at Telegram, too.

Thanks. We shall discuss further about our options

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 19, 2017, 07:23:40 AM
 #15

SEEMS LIKE AN INTERESTING PROJECT
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November 19, 2017, 12:29:31 PM
 #16

Why not just get in touch with people from LinkedIn who work under the above positions and ask them if they can be part of your team? I think that's the best action to do since you can readily validate if they are fit or qualified for the jobs you guys are offering. Although I'm doubtful that anyone there is willing to get paid in tokens, so better offer them USD or BTC, in case they accept crypto payment.

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November 19, 2017, 04:09:36 PM
 #17

Why not just get in touch with people from LinkedIn who work under the above positions and ask them if they can be part of your team? I think that's the best action to do since you can readily validate if they are fit or qualified for the jobs you guys are offering. Although I'm doubtful that anyone there is willing to get paid in tokens, so better offer them USD or BTC, in case they accept crypto payment.

Thanks, I have been doing a mix of here and LinkedIn.  I’m apart of a Airline Blockchain group there so I can seeking someone in the airline industry that would be interested

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 19, 2017, 09:59:43 PM
 #18

SEEMS LIKE AN INTERESTING PROJECT

Thanks, we are very excited about it

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 19, 2017, 10:07:30 PM
 #19

SEEMS LIKE AN INTERESTING PROJECT

well its their project after they have collected enough idiots into it they will sell it, and run away with it thats called an exit

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November 20, 2017, 12:31:19 AM
 #20

SEEMS LIKE AN INTERESTING PROJECT

well its their project after they have collected enough idiots into it they will sell it, and run away with it thats called an exit

That is not what we are going to do with this project at all.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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November 20, 2017, 02:11:50 AM
 #21

How does your project plan to compete with projects such as ChronoLogic and other Proof of Time projects? These projects provide a general platform whereby organizations can use time to prove whether a service was late or not (such as a train, plane etc) by storing on the ledger the exact time some action was performed (in this case, the time the plane arrived). Plane arrival etc would be a trivial application for these sorts of projects.

How would you plan to convince aircraft carriers to adopt a specific-niche technology rather than a potentially more trusted mainstream technology that might have more general use cases?

Also, do you need a PR person/proof-reader etc? I'm good at picking up on outside the box "obvious in hindsight" things that can normally be catastrophic for projects.
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November 20, 2017, 03:29:56 AM
 #22

Hello,

We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled.  We need to fill out other key roles on our team and are looking for those who are interested.  Your compensation will be in our TBIT tokens once the main token offering has ended.  Below i have added some useful information about our project and the users involved.  Look forward to hearing from you!

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

This is the link to our video that describes what our product is(draft version)
https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0


Here is a rough draft of our Whitepaper
https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0

Website currently under development
www.TrustaBit.io

Join our Telegram to stay to up date on our progress
t.me/TrustaBit

Current team members  
Saritta Hines- Founder/ CEO
Blair White-  Director of Sales
Karega McCoy-  Solutions Architect
Landon Williams- UX/UI

Advisor
Troy Benjegerdes- Blockchain Advisor

I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop!

Thanks


Hello, I'm interested to play a part here as project manager. Can I share my LinkedIn profile with you?
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November 20, 2017, 03:32:23 AM
 #23

Hello,

We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled.  We need to fill out other key roles on our team and are looking for those who are interested.  Your compensation will be in our TBIT tokens once the main token offering has ended.  Below i have added some useful information about our project and the users involved.  Look forward to hearing from you!

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

This is the link to our video that describes what our product is(draft version)
https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0


Here is a rough draft of our Whitepaper
https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0

Website currently under development
www.TrustaBit.io

Join our Telegram to stay to up date on our progress
t.me/TrustaBit

Current team members  
Saritta Hines- Founder/ CEO
Blair White-  Director of Sales
Karega McCoy-  Solutions Architect
Landon Williams- UX/UI

Advisor
Troy Benjegerdes- Blockchain Advisor

I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop!

Thanks


The position is based on location? And what's the qualification to fit in?

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November 20, 2017, 05:32:24 PM
 #24

How does your project plan to compete with projects such as ChronoLogic and other Proof of Time projects? These projects provide a general platform whereby organizations can use time to prove whether a service was late or not (such as a train, plane etc) by storing on the ledger the exact time some action was performed (in this case, the time the plane arrived). Plane arrival etc would be a trivial application for these sorts of projects.

How would you plan to convince aircraft carriers to adopt a specific-niche technology rather than a potentially more trusted mainstream technology that might have more general use cases?

Also, do you need a PR person/proof-reader etc? I'm good at picking up on outside the box "obvious in hindsight" things that can normally be catastrophic for projects.

Quote
How does your project plan to compete with projects such as ChronoLogic and other Proof of Time projects? These projects provide a general platform whereby organizations can use time to prove whether a service was late or not (such as a train, plane etc) by storing on the ledger the exact time some action was performed (in this case, the time the plane arrived). Plane arrival etc would be a trivial application for these sorts of projects.

We choose to use Hyperledger Fabric as it is a permissioned enterprise blockchain and these companies do not want "mining" and consensus to happen by the public as they have data that should not be shared across those nodes.  With that being said Hyperledger Sawtooth uses PoET for consensus but it does not stack up well against Hyperledger Fabric in terms of functionality.  Also Fabric has a pluggable consensus model where you can choose which consensus method you want to perform on the transactions.  Either SOLO, Kaftka and soon PBFT.  If you look at the number of companies(23) that have already deployed Fabric with many of them top companies like IBM, State Street Bank, Digital Asset Holdings, IT People, Linux Foundation, DTCC, Hitachi, Wanda Group, Fujitsu, Hyperchain, and Huawei Technologies you will see why we felt our decision was strong in choosing Fabric.

Quote
How would you plan to convince aircraft carriers to adopt a specific-niche technology rather than a potentially more trusted mainstream technology that might have more general use cases?
Well the airlines are already primed to the idea of it.  In 2016 a company called Travacoin won third prize at the Passenger Innovation Awards at IATA's World Passenger Symposium in Dubai.  Travacoin has a similar business model to TrustaBit but since they won the award they have been nowhere to find online.  Also Kommersant, Russia's biggest airline, is now issuing passenger tickets on the blockchain and KLM is also exploring the possibilities. My goal is to find some great account managers with airline experience and together we will present our findings to close the deal!

Quote
Also, do you need a PR person/proof-reader etc? I'm good at picking up on outside the box "obvious in hindsight" things that can normally be catastrophic for projects.
 We are always looking for fresh talent and have no one with the particular skill set yet, send me your linkedin profile to look over.

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November 20, 2017, 05:35:14 PM
 #25

Hello,

We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled.  We need to fill out other key roles on our team and are looking for those who are interested.  Your compensation will be in our TBIT tokens once the main token offering has ended.  Below i have added some useful information about our project and the users involved.  Look forward to hearing from you!

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

This is the link to our video that describes what our product is(draft version)
https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0


Here is a rough draft of our Whitepaper
https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0

Website currently under development
www.TrustaBit.io

Join our Telegram to stay to up date on our progress
t.me/TrustaBit

Current team members  
Saritta Hines- Founder/ CEO
Blair White-  Director of Sales
Karega McCoy-  Solutions Architect
Landon Williams- UX/UI

Advisor
Troy Benjegerdes- Blockchain Advisor

I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop!

Thanks


The position is based on location? And what's the qualification to fit in?

No the positions are not location based, send me your linkedin profile to look over

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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3piecechickendinner (OP)
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November 20, 2017, 05:37:09 PM
 #26

Hello,

We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled.  We need to fill out other key roles on our team and are looking for those who are interested.  Your compensation will be in our TBIT tokens once the main token offering has ended.  Below i have added some useful information about our project and the users involved.  Look forward to hearing from you!

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

This is the link to our video that describes what our product is(draft version)
https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0


Here is a rough draft of our Whitepaper
https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0

Website currently under development
www.TrustaBit.io

Join our Telegram to stay to up date on our progress
t.me/TrustaBit

Current team members  
Saritta Hines- Founder/ CEO
Blair White-  Director of Sales
Karega McCoy-  Solutions Architect
Landon Williams- UX/UI

Advisor
Troy Benjegerdes- Blockchain Advisor

I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop!

Thanks


Hello, I'm interested to play a part here as project manager. Can I share my LinkedIn profile with you?

Yes please share your profile with me.  Thanks

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November 21, 2017, 12:52:23 AM
 #27

How much are you paying for writing chaincode in golang for Hyperledger fabric ?
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November 21, 2017, 12:52:47 PM
 #28

How much are you paying for writing chaincode in golang for Hyperledger fabric ?
All team members will get a portion of the tokens after the main token sale

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November 21, 2017, 10:28:36 PM
 #29

I chatted with @OP and what I experienced so far is that they have a strong vision, proper documentation, a growing campaign and satisfying communication.
We exchanged some PMs about a month ago and they still keep themselves to the promised matters. Best wishes!

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November 23, 2017, 08:14:42 PM
 #30

Just added the Co-Founder of DigiWallet to our Advisor team  Cheesy. Welcome Casey!

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November 24, 2017, 09:35:30 AM
 #31

You're going to have a tough time convincing airlines to sign up to use your product. You'll be asking them to pay you $$ to lose more $$ each time something goes wrong - very oxymoronic to an already razor-thin margin business.

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November 27, 2017, 02:47:13 AM
 #32

You're going to have a tough time convincing airlines to sign up to use your product. You'll be asking them to pay you $$ to lose more $$ each time something goes wrong - very oxymoronic to an already razor-thin margin business.

I would agree that this is true. I would also say that the entire product doesn't make sense. There is no reason to blockchain something that is centralized. The blockchain would need information from the airlines and there is no way around that. So why not just go directly from the airlines to the customer? There is no reason for them to go from the airline, to a third party blockchain, and then back to their customer. It's complete nonsense. It's also just another unnecessary thing the user needs to sign up for an manage. The airlines already know their customer, they already know if their planes are running on time, and they already know how to contact the customer. This is not a problem a blockchain can resolve. It also begs the question, why aren't they doing this already? Which suggests there is a reason they aren't doing it already... And the most obvious reason is because it costs them more money in payouts to customers. As I see it, there is no possible way an airline would use something like this. It adds no value that they can't already provide themselves.
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November 27, 2017, 12:24:02 PM
 #33

Hello, I'm quite familiar with airlines industry (at some point i was working with https://www.sita.aero/on some project). I would say that your concept is great for the airline customer, but I have major doubts that any Airline will be eager to support it.
Sadly, mechanics of vouchers crafted to make redeeming them as painful as possible for the customer. As a result many vouchers never being redeemed in the first place.  Also don't forget that most vouchers are useless if you wish to change airline for the next flight, so basically it is IOU 300$ but only if you give me another 100$ of yours. The key problem for this project will be airlines adoption - if at least couple of them will jump in, this will go to the moon.

However don't take my words as anything more then speculation, because my expertise were mostly in aero-navigation field and I only had a glimpse of what is going on inside airlines and airports, and can't say I know much how their customer support really works (that experience was enough to develop severe fear of flights btw.)
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November 27, 2017, 05:43:54 PM
 #34

You're going to have a tough time convincing airlines to sign up to use your product. You'll be asking them to pay you $$ to lose more $$ each time something goes wrong - very oxymoronic to an already razor-thin margin business.

Companies like AirHelp charge 25% of the total compensation owed to passengers to process their claim.  This translated into $83 million dollars since 2013 which is a small portion of the total passengers right industry which is valued at $3.3billion dollars annually.  This is because in the EU they have established regulation 261 which states that the airlines much compensate passengers for flight delays longer than 3 hours and greater than X amount of miles. The product is aimed at bringing back customer brand loyalty to the airline and addressing the new passenger rights market.  The cost is going to come out either way, the question is, are you going to be paying the money to an angry customer or to a customer who will be loyal for life?

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November 27, 2017, 05:57:04 PM
 #35

You're going to have a tough time convincing airlines to sign up to use your product. You'll be asking them to pay you $$ to lose more $$ each time something goes wrong - very oxymoronic to an already razor-thin margin business.

I would agree that this is true. I would also say that the entire product doesn't make sense. There is no reason to blockchain something that is centralized. The blockchain would need information from the airlines and there is no way around that. So why not just go directly from the airlines to the customer? There is no reason for them to go from the airline, to a third party blockchain, and then back to their customer. It's complete nonsense. It's also just another unnecessary thing the user needs to sign up for an manage. The airlines already know their customer, they already know if their planes are running on time, and they already know how to contact the customer. This is not a problem a blockchain can resolve. It also begs the question, why aren't they doing this already? Which suggests there is a reason they aren't doing it already... And the most obvious reason is because it costs them more money in payouts to customers. As I see it, there is no possible way an airline would use something like this. It adds no value that they can't already provide themselves.

Quote
There is no reason for them to go from the airline, to a third party blockchain, and then back to their customer.
 In a sense the airline is already doing this, but not in an efficient way.  The problem is that you may have never had to claim a voucher from an airline so you are not aware of the mounds of read tape you must go through to even get the voucher.  

Quote
It's also just another unnecessary thing the user needs to sign up for an manage.
 The user does not need to sign up for anything, this voucher will come to your email address, all you have to do is redeem it.

Quote
The airlines already know their customer, they already know if their planes are running on time, and they already know how to contact the customer. This is not a problem a blockchain can resolve.
 Again, this process is not automated, when your flight is delayed, the airline does not willingly send you a voucher.  If you are in the EU, they have established regulation 261 which states that airlines are required to compensate passengers for flight delays greater than 3 hours and longer than X amount of miles, but ask any of your buddies across the pond how convoluted this process is and how long it takes to receive compensation.

Quote
As I see it, there is no possible way an airline would use something like this. It adds no value that they can't already provide themselves.
 Did you know that there are several companies who charge consumers 25% of the total compensation to process their flight delay claims to the airlines?  Airhelp has made $85 million since 2013 and the total passenger rights market is valued at 3.3 billion annually.  So why wouldnt the airline want to look at this market?  Also, brand loyalty is the biggest catch here, for me...I only fly Alaska Airlines, why?  Because of the service they provide to me, I am always treated well and i dont have major issues.  You know what they get from me in return?  I have a credit card with them, any business flight i take is with them and im more likely to spend extra on upgrades and perks.  Airline customer loyalty is driven by service, not price.

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November 28, 2017, 10:53:39 AM
 #36

SEEMS LIKE AN INTERESTING PROJECT

well its their project after they have collected enough idiots into it they will sell it, and run away with it thats called an exit
Exactly! This is the major reason most projects don't survive after ICOs. There are too many strange bed fellows coming together for a reason most of them don't even know except to get paid. How on earth do you gather people you really dont know and can't even vouch for as a developer?

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November 28, 2017, 07:12:41 PM
 #37

SEEMS LIKE AN INTERESTING PROJECT

well its their project after they have collected enough idiots into it they will sell it, and run away with it thats called an exit
Exactly! This is the major reason most projects don't survive after ICOs. There are too many strange bed fellows coming together for a reason most of them don't even know except to get paid. How on earth do you gather people you really dont know and can't even vouch for as a developer?

Quote
How on earth do you gather people you really dont know and can't even vouch for as a developer?
as far as developers, consensus is the mechanism I use when hiring developers.  I’ve been hiring developers from contracting companies and upwork for years now and I am well aware of how to spot the not.  I’m not here to make a quick buck and run, I make pretty good money consulting as a Spotfire consultant (check my LinkedIn-Saritta Hines) so I hope people understand that I am not doing this to take your money and run.  I believe in this  technology and the potential it can bring.  Upmost my reputation is everything to me, there is no way I would ever risk ruining that.  If this project fails, it won’t be because we didn’t put in the effort to make it great.

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November 29, 2017, 09:16:50 AM
 #38

You're going to have a tough time convincing airlines to sign up to use your product. You'll be asking them to pay you $$ to lose more $$ each time something goes wrong - very oxymoronic to an already razor-thin margin business.

Companies like AirHelp charge 25% of the total compensation owed to passengers to process their claim.  This translated into $83 million dollars since 2013 which is a small portion of the total passengers right industry which is valued at $3.3billion dollars annually.  This is because in the EU they have established regulation 261 which states that the airlines much compensate passengers for flight delays longer than 3 hours and greater than X amount of miles. The product is aimed at bringing back customer brand loyalty to the airline and addressing the new passenger rights market.  The cost is going to come out either way, the question is, are you going to be paying the money to an angry customer or to a customer who will be loyal for life?

You are asking legitimate questions, but those questions will boil down to those $83 millions you mentioned. Airlines will be choosing path of least loss and most profits. If loyalty of a few won't bring them back those money in reasonable amount of time they will try paying less compensations using as opaque voucher redeeming system as possible to save money. Anyway those questions should be addressed by the actual airlines. Without their opinion on  this topic everything said here is just speculation.
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December 04, 2017, 08:35:30 PM
 #39

Just an update on the open positions.  We have found the ones that are crossed out

Positions needed:
CTO,
Blockchain developer
Project Manager
Lead Developer
Airline industry Advisors
Legal Advisors

▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Blockchain for Flight Delays ▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▮ ▮ Trustabit ▮ ▮▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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