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.

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