As reported by The Beat, Simard, a travel technology provider designed to offer corporate travel solutions through the Winding Tree blockchain travel marketplace, is being "wound down" and "withdrawn," according to CEO Don Birch.
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GLOAs reported by The Beat, Simard, a travel technology provider designed to offer corporate travel solutions through the Winding Tree blockchain travel marketplace, is being “wound down” and “withdrawn,” according to CEO Don Birch.
Simard was established in 2021 by Winding Tree founder Pedro Renaud Anderson and travel technology consultant Matthieu Tahon, focusing on corporate applications of the Winding Tree blockchain. Their projects included collaborations with Atriis and NuTravel (now Traverse Technologies) on the Smart Contracts product.
However, Birch informed The Beat that “over the past 18 months, we have been unable to raise the additional funding that would have enabled Simard to begin to scale.”
Birch expressed hope that other innovators would continue the work initiated by Simard. He stated, “All the elements needed to create an open marketplace have now been made available through Open Source. We fully expect others to pick up the baton and use this Open Source platform to take the concept to the next stage. Such is the nature of innovation.”
Source: GLO
