TrustaBit offering is now closed and is no longer accepting investments.


Mobilizing the Traveling Consumer

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$16,581 Raised



26895 Aliso Creek Rd #1007 Suite B
Aliso Viejo, CA 92656


Saritta Hines
Saritta Hines
Founder/CEO and Managing Member

Holding over 13 years of experience in data analytics, Saritta Hines is a trusted leader at bridging strategic business initiatives with expert IT implementation. Saritta has successfully spearheaded projects in the tech world for industry leaders including Cymer, Allergan, Bank of Montreal, Novartis and Dow Agrosciences. Her expertise brings technical innovation and business teams together to transform the customer experience. Saritta is at the forefront of improving operational efficiency and testing new use cases through the use of blockchain technology. As the head of TrustaBit, Saritta has established a key utility for businesses to streamline the delivery of products and services to customers through blockchain technology. 2013- 2015 Clinical Programmer at Allergan 2015-2016 Clinical Programmer at INC Research 2016-Present Platform Lead at Cymer (primary job) 2018- Present CEO at TrustaBit -part time 25 hours a week

Blair White
Blair White
Co-Founder and CSO

Blair is an exceptional corporate salesperson who has been in the top 10% of sales professionals with Apple and Verizon. She currently manages the business sales teams at two Verizon locations. While at Apple, Blair closed one of the largest sales in retail history. She has the unique ability to help stores meet/exceed their quotas by implementing processes and insuring that teams perform to the best of their ability. 2012-Present Verizon Sales Manager (primary job) 2018 - Present TrustaBit CSO - part time 25 hours a week

Kelvin Ndereba
Kelvin Ndereba
Lead Developer

Kelvin, our lead blockchain developer, has developed several Dapps, Desktop Applications, websites, and smart contracts in Ethereum. Kelvin also has expertise in working with NodeJs, SQL, web3js, IoT, MongoDb, Meteorjs and Expressjs. He also has extensive experience in ICOs, ERC20 tokens, e-commerce, cryptocurrencies, and FinTech. He has written several white papers, research papers, blog articles , and press releases for fintech startups and cryptos.

Sheletha Drew

Sheletha Drew

Senior Corporate Tax Analyst

Sheletha specializes in U.S. domestic income taxation and has served large U.S. corporate taxpayers in various industries including Banking, Manufacturing, Casino Gaming to name a few. Her experience entails federal and state income tax compliance for U.S. corporate and pass-thru entities. She is a blockchain technology enthusiast and is passionate about helping entrepreneurs in the technology sector meet their U.S. income tax reporting requirements.

Bismaya Nayak

Bismaya Nayak

Program Delivery Head

Bismaya has experience implementing project plans while adhering to pre-set budgets and deadlines. He has a demonstrated ability to carry out the offshore delivery management for technical deliverables of large programs. Bismaya also understands the clients' needs / enhancements, customization, software-related issues while simultaneously providing solutions in adherence to delivery schedules.

Hakar Sulaiman

Hakar Sulaiman

Creative Design Engineer

With 13 years of experience as a creative design engineer, Hakar will be responsible for creating visual concepts that communicate ideas that inspire, inform and captivate our customers.

Casey Gardiner

Casey Gardiner

Advisor and Co-Founder at DigiWallet

As a founding member of DigiWallet, Casey brings more than 20 years of programming experience with a number of computer programming languages ( C/C++/C#, PHP with mySQL, HTML, CSS, LUA, Java, Ruby (on rails), and Python.

Nelson Petracek

Nelson Petracek

Advisor and CTO of TIBCO Software

As CTO of TIBCO Software, Nelson Petracek has nearly 20 years of experience. A strong technology evangelist, Nelson specializes in messaging, microservices, hybrid integration, event-driven architectures, and event processing, bridging the gap between business and IT. Nelson works with his customers to identify and define the appropriate use of various technologies and architectures. Prior to TIBCO, Nelson acted as a senior director within Informatica Corporation’s Enterprise Technologies group and has held consulting roles with a number of companies across various verticals – delivering solutions for the next stage of digital business. Specialties: Hybrid integration, microservices, Fast Data, SOA, ESB, Complex Event Processing (CEP), streaming analytics, messaging, and related technologies.

Susan Oh

Susan Oh

Advisor and Chair of AI, Blockchain For Impact (BFI) United Nations General Assembly

Blockchain AI Industry lead for Trane AI. Founder & CEO, MKR AI. Governing member, Blockchain For Impact, UN General Assembly. 2011 AAJA Knight-Poynter Fellow; 2011 AAJA Ford Foundation Fellow. Nominee for 2010 EDDY award by Edible Communities publications, the 2011 James Beard Foundation Publication of the Year. Part of the Newsweek International team awarded the 1997 Overseas Press Club Ed Cunningham Award for best reporting from abroad for coverage of the handover of Hong Kong to Chinese rule. Led a team to create two winning submissions to the 2006 Media Innovation Awards (MIAs) by Marketing Magazine (Canada) for a top Canadian entertainment conglomerate, for national transmedia campaigns (Molson Canadian, 20th Century Fox).

Mahroze Baloch

Mahroze Baloch

Legal Advisor

Mahroze is an accomplished, solution-oriented, and diligent corporate attorney and business partner with over eight (8) years of diversified experience leading and managing junior associates, paralegals, outside counsel and support staff. He has extensive experience drafting and negotiating a wide variety of general and complex commercial contracts, licensing agreements, mergers & acquisitions transactions, and asset purchase agreements. Mahroze effectively interacts with senior management and executives to identify and resolve strategic direction on corporate initiatives including financing, information technology, and production. Mahroze has proved to be instrumental in directing compliance with state and federal regulations. He also has strong communication skills and is adept at working independently and collaboratively to build productive relationships across all organizational segments.

Drs. Hans Koning TIIM

Drs. Hans Koning TIIM

Business Strategy Advisor

I consider myself to be an internationally experienced and focused adviser, entrepreneur, informal investor, C- level manager, Board member and prolific internet reader. Live by the principle: "Even if you fall on your face, you're still moving forward" (Victor Kiam). I have an international career, which allowed me to work in telecom, FMCG, banking, insurance, leisure & hospitality and non-profit in Europe, Australia, Asia and America. Apart from telecom, I have an interest and in depth knowledge of digital health, Smart City and Living, EdTech, FinTech, Blockchain and emerging technologies. I love anything disruptive and innovative, but especially things that are “odd” or potentially throw me out of my comfort zone. Having worked as an innovator, strategist, visionary, management and strategic advisor, business developer or simply managing a company, in all corners of the world, I considers myself to be comfortable with any and all challenges thrown at me.


Oct 24, 2018

Maximum Number of Shares Offered subject to adjustment for bonus shares

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets



Cash & Cash Equivalents



Accounts Receivable



Short-Term Debt



Long-Term Debt



Revenue & Sales



Costs of Goods Sold



Taxes Paid



Net Income



Maximum 107,000* shares of Membership Units ($107,000)

*Maximum subject to adjustment for bonus units. See 10% Bonus below

Minimum 10,000 shares of Membership Units ($10,000)

TrustaBit LLC

Corporate Address
26896 Aliso Creek Rd Suite B-1007 Aliso Viejo, CA 92656

Description of Business
TrustaBit plans to use blockchain technology to issue compensation to passengers quickly, easily and securely when their flights are delayed.

Type of Security Offered
Membership Unit and TAB tokens
Purchase Price of Security Offered

Minimum Investment Amount (per investor) 


For every $1 invested, the Offering includes 10 TAB Tokens.  In addition, the following bonuses will apply.

TAB Token Discount Rate:

$400+ — If you invest $400-$999, you will receive a 5% Token Bonus.          

$1,000+ — If you invest $1,000-$4,999, you will receive a 10% Token Bonus.        

$5,000+ — If you invest $5,000-$9,999, you will receive a 20% Token Bonus. 

$10,000+ — If you invest $10,000 or more you will receive a 35% Token Bonus.

*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.

Terms of Tokens

TAB Tokens

Description:  Whenever there is a flight delay, the travelers on that flight will be automatically receiving TAB tokens. For every 45 minute delay the traveler will be issued a set amount of TAB's.  Looking forward, the next time you experience a delayed flight, you can be assured that your TAB tokens are getting credited to your account. You can cash in your tokens at the airline for free flights and upgrades at a discount. Or you trade your tokens with other customers if you want cash directly. This way people who lack a few tokens for their next free flight can easily buy additional tokens from other customers. The TAB tokens will be issued on the ERC20 blockchain.

The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function. There is no guarantee that successful development will ever occur.

The TAB protocol is currently in pre-production phase and we are currently building out the back end infrastructure.  Once this phase is complete we expect to perform beta testing with our community.  Then ultimately rolling out the production version of the TAB protocol.

  • Initial Blockchain: Ethereum
  • Migration to Alternative Blockchain: Hyperledger Fabric
  • Expected Network Launch date: 2018
  • Total amount of Tokens authorized for creation: 1,000,000,000
  • Amount of Tokens or Rights to Tokens already issued: 0
  • Will they be listed on Exchanges: Tokens intended to be tradable on registered ATS exchanges upon launch of the services.
    • if so, which: TBD

Other Material Terms:

  • Voting Rights: None
  • Restrictions on Transfer: 1 year from closing of Offering  
  • Dividends/Distributions: Upon discretion of the board
  • Redemption Rights: None
  • Other: N/A

The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.  The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  

Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the Membership Units and the Tokens, since they will trade independently.

Jurisdictions: No Investor who (i) resides, (ii) is located, (iii) has a place of business, or (iv) is conducting business (any of which makes the Investor a “Resident”) in the state of New York will be accepted in this offering.

The 10% Bonus for StartEngine Shareholders

Trustabit LLC will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any units you purchase.  For example, if you buy 100 Membership Units at $1 / unit, you will receive 10 bonus units, meaning you'll own 110 shares for $100.   Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.


Article Image
Blockchain-based rewards token: Trustabit plans to make delayed flights a hell of a lot less stressful

The past few years have been embarrassingly rough for airlines as one PR disaster followed another. Their post-incident compensation schemes are not doing their client and public relations any favours either. Technology start-up Trustabit believes that blockchain technology is the solution to this

Article Image
Blockchain: which road to travel?

Blockchain to revolutionise the complex travel ecosystem or blockchain technology to drive efficiencies in travel companies? Now that the buzz around what blockchain can deliver for travel has eased to a hum, many firms are faced with this choice.

Article Image
Introducing Two Very Different Ways to Use Smart Contracts

Blockchain is the technology buzzword du jour. It powers the world’s cryptocurrencies by providing a novel and secure way to transfer and store transactional data – across a distributed network of nodes, instead of using a traditional central database.



Tech Startup, TrustaBit, Announces Partnership with Software Giant, TIBCO Software Inc.

TrustaBit, a blockchain-based startup announced its co-development partnership with TIBCO Software Inc., a global leader in analytics and integration.

TrustaBit hopes to change the way the world travels by removing the onus from the passengers to reconcile flight disruptions (delays or cancellations), allowing the traveler to keep moving. The solution helps airlines harness the power of blockchain technology and smart contracts to notify passengers sooner and automatically issue compensation when disruption occurs.

 “We’re pleased to welcome TrustaBit into the TIBCO LABS program,” said Nelson Petracek, Global Chief Technology Officer, TIBCO. “Working with innovative organizations such as TrustaBit helps us build more relevant, valuable solutions for our customers. We look forward to partnering with TrustaBit on the development of their blockchain smart contracts with Project Dovetail.”

TrustaBit is a flight disruption management solution that uses blockchain technology to automate notification and compensation processes within the airline industry. The solution offers multiple redemption options – vouchers, miles, or fiat (local currency).

This fall, the startup released its Proof of Concept, a prototype created to demonstrate the feasibility of a working product, which can be found at TrustaBit’s final product will be a white-labeled solution, fully integrated and showcasing the host airline’s branding.


Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].


As you might know, TrustaBit has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in TrustaBit be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.



Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].


As you might know, TrustaBit has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in TrustaBit be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.



🛩 TrustaBit Demo is now LIVE ‼️

It’s finally here! Click the link to see how TrustaBit works. Let’s end the days of calling and pleading with customer service about your delayed flight only to get a voucher with tons of limitations. Our digital vouchers will be sent automatically and can be redeemed in various ways. Check it out!



Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the TrustaBit offering. Here's an excerpt describing the specifics of the change:

TrustaBit is extending their campaign.

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.


🛩 TrustaBit Proof of Concept Sneak Peek👀

The TrustaBit POC is almost complete❗️Have a look👀

Enter Ticket Number 

Flight Status and Claim Options

User Profile and History


Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].


As you might know, TrustaBit has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in TrustaBit be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.



Got Data?📱

TrustaBit x Flexiroam!

We've partnered with Flexiroam to deliver high-speed data roaming capabilities in more than 100 countries! Gone are the days of wondering if you will have cell coverage on your upcoming international trip or having to purchase local data plans. Soon, TAB token holders will be able to purchase the Flexiroam 1GB Xcite pack with TAB tokens. The best part – all you have to do is attach the Flexiroam X ultra-thin microchip to your current SIM card, switch on the Flexiroam mobile app and GO! Easy peasy, right? Right. Learn more at

Blockchain Seattle Conference

Catch TrustaBit Founder, Saritta Hines at Blockchain Seattle this September! Saritta will be speaking about Blockchain use cases and how her solution will use Smart Contracts to change the way we travel! ..... we’ll see you there! ✈️💫

Check out our recent feature on


TrustaBit + Microsoft: Transforming the Blockchain Industry with Positive Change

We pinched ourselves. No, it wasn’t a dream.  

TrustaBit CEO, Saritta Hines was recently hand-picked by Microsoft to be featured in a series of ads highlighting various new Windows 10 Pro products that help the company run smoothly. A company like Microsoft could have selected any startup for this opportunity, yet we believe they saw something unique in TrustaBit and recognized the value in our project. We cannot think of another DApp (decentralized application) represented in Fortune 500 company advertisements. Can you? Dare we say, it’s a first! TrustaBit, along with Microsoft, looks forward to transforming the blockchain industry with positive change. The ads can be found on YouTube via the links below.

Windows 10 Pro | Shared Devices

Windows 10 Pro | Security 

Windows 10 Pro | Autopilot

Love the campaign? Share it with a friend!




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StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.