OW Logistics reports that it has begun trial shipments using 300cubits’ blockchain system, which aims to provide certainty to shippers that their products will sail on the intended vessel, and assurance for carriers that ‘no shows’ will be minimised.
Container shipping blockchain start-up 300cubits has announced the successful completion of the first trial shipment in its smart contract system, deployed on the Ethereum blockchain.
300cubits’ roll out of its TEU cryptocurrency for the shipping industry has received a boost with the news that members of Coopernic Group, a strategic buying alliance from Europe, have confirmed their participation in the project by joining the Shipper Sign-Up Scheme for the new crypto tokens.
Shipping cryptocurrency start-up 300cubits has confirmed the launch date for its Shipper Sign-Up Scheme, with relevant stakeholders being invited to register to receive their free TEU crypto tokens from February 1, 2018.
300cubits, founder of the TEU cryptocurrency aimed at the global shipping sector, says that it aims to begin distributing free crypto tokens to industry stakeholders from February 2018, as talks continue with major container lines.
A Hong Kong-based firm has launched a cryptocurrency specifically for the shipping industry, built on the already established Ethereum blockchain, which will begin its initial coin offering (ICO) on August 16th.
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