ShippingWatch

Startup to launch cryptocurrency for container

Blockchain-based company 300cubits will launch its own cryptocurrency, 'teu tokens', for container carriers in order to encourage them to use the firm's new system, the founder tells Alphaliner.

Photo: /ritzau/AP

Bitcoin may be the best known cryptocurrency in the world, but soon container carriers could be using their very own digital currency.

New tech company 300cubits is striving to become the first to roll out the coveted blockchain technology in the container industry, where Maersk and IBM's joint venture on the technology has sparked attention.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Growth prompts OSM to send 150 managers on a leadership course

An equal approach to management and a desire to be more aligned are some of the reasons why OSM is sending both top and mid-level managers on a custom-made leadership course. ShippingWatch has spoken to OSM’s new chief culture officer about the initiative.

MSC, Lufthansa mull acquiring Italian state aviation firm

The world’s largest container line, MSC, and German aviation company Lufthansa have offered to take over Italian state airline ITA, the former Alitalia. MSC and Lufthansa have requested a 90-day exclusivity period to closely examine ITA.

Further reading

Related articles

Latest news

See all jobs