Sleap.io and Avata began collaborating on the concept during discussions at the Travel Unchained conference in Mallorca in October.
Michael Ros, CEO and Founder of Sleap.io, stated, “The inception of the world’s first tokenized travel insurance with Avata showcases our unwavering commitment to innovation and the potential of blockchain technology to transform the travel insurance sector. This initiative not only introduces a groundbreaking product to the marketplace but also signals a significant leap forward in the evolution of travel insurance.”
Sun Feng Wu, CEO and Founder of Avata, also commented, “We’re excited to lead the way in transforming travel insurance by integrating trust, flexibility, and peace of mind with advanced blockchain technology. The tokenized travel insurance introduces a new era of adaptability, and user control on Camino Network. This is not just an innovation; it’s a commitment to enhancing travelers’ confidence and convenience, pushing the boundaries of protection in the digital age.”
The tokenized travel insurance NFTs will be available through Sleap in the coming months.