• Yessin Schiegg, ex-Ethereum Foundation, joins Camino Network Foundation Council to drive blockchain in the travel industry.
  • Schiegg brings expertise from BlackRock and web3, previously holding roles like CFO at the NEAR Foundation.

Camino Network Foundation, a nonprofit based in Zug, Switzerland, recently announced the appointment of Yessin Schiegg, a former board member of the Ethereum Foundation, to its council. Schiegg brings a wealth of experience from both traditional finance, having started his career at BlackRock, and the web3 space, where he held several senior roles including CFO at the NEAR Foundation.

Camino Network specializes in leveraging blockchain technology for the travel industry, aiming to enhance innovation and connectivity within this sector. Schiegg’s expertise in establishing foundations and launching cryptocurrency tokens will be instrumental as he advises on the upcoming launch of the CAM token.

Thomas Stirnimann, president of the Camino Network Foundation’s council, expressed high regard for Schiegg’s extensive background in both web3 and traditional finance. Stirnimann anticipates that Schiegg’s strategic insights and leadership will contribute to the development of the blockchain-based travel ecosystem.

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„I’m delighted to join the Camino Network Foundation as a Council member, and to contribute to the growth of such a groundbreaking initiative. Camino Network is leading the way as the most advanced blockchain tailored for the travel industry, and I’m excited to be part of this journey. It’s an honor to join the team and help shape the next chapter of its success story.“  – Schiegg said in a quote.

Camino Network is robustly supported by over 200 brands, 100 validators, and has secured more than $10 million in funding. Its mission is to revolutionize the distribution systems and address connectivity challenges within the multi-trillion dollar travel industry, setting a precedent for how blockchain can be utilized outside traditional financial contexts.

This appointment comes at a time for Camino Network, as it prepares to expand its influence and capabilities in the travel sector. Schiegg’s previous successes in similar roles suggest that his contribution to the foundation could lead to substantial advancements in how travel services are delivered and consumed globally.

With Camino Network at the helm of introducing blockchain solutions to the travel industry, the foundation is poised to make significant strides in transforming how services are coordinated and managed across the globe, potentially setting a new standard for the integration of technology in travel.