Topic: [ANN] TEU Tokens Update - page 3. (Read 540 times)
Media coverage
https://www.bloomberg.com/news/articles/2017-09-24/crypto-mania-grips-hong-kong-as-city-looks-for-life-beyond-banks
Crypto-Mania Grips Hong Kong as City Looks Beyond Banking
https://300cubits.tech/ico
The project at first glance is very interesting. The team is represented. White paper in different languages. I would like to clarify for myself. You have it written. When using TEU tokens as a deposit to book a seat on
ship, the sender can enter data either manually or through
Download Excel file. I do not really understand, but what is a book?
ship, the sender can enter data either manually or through
Download Excel file. I do not really understand, but what is a book?
When you buy an air ticket, you need to pay the ticket upfront before you reserve a seat. However in container shipping industry, client does not require to pay upfront in order to ship a cargo. As a result, they sometimes will not show up since there is no penalty. Carriers also aware of the situation and thus they overbook the ship in order not to sail with empty boxes.
TEU tokens act as booking collateral. The ecosystem is built on top of the existing booking systems of carrier. We cross reference the booking reference to link the shipment with the collateral in our system. The client can either enter data of the shipment by an user interface or through excel csv upload.
https://300cubits.tech/ico
Media coverage
https://www.supplychaindive.com/news/cargo-freight-forward-contract-NYSHEX-300cubits/504446/
Cargo rolled over? Two startups propose a new way to contract for shipping
NYSHEX and 300cubits take on the shipping industry's age-old battle against unenforceable contracts.
Freight contracts can be a daily source of headaches for shippers and carriers alike, but they don't have to be, according to two new startups proposing to fix one of the industry's deepest problems: shipper no-shows and cargo rollovers.
The problem is a game of chicken and the egg, rooted in a flawed economic system that has sown deep distrust between shippers and carriers. Shippers in need of spot market shipments may book slots on several carriers to secure the lowest rate for their cargo. Meanwhile, carriers looking to fill up capacity per trip turn to the spot market and sometimes overbook in anticipation of shipper no-shows.
The behavior guarantees near-term success for shippers and carriers, but at the industry's expense in the long-term. Broken contracts encourage an unhealthy competition, where carriers consistently undercut each other on the spot market for short-term gains. Companies sometimes try to enforce penalties for breaking a contract, but it isn’t done consistently and it hasn’t changed either side’s practices.
The solution lies in finding a way to enforce contracts between shippers through economic incentives and technology, according to 300cubits and New York Shipping Exchange (NYSHEX), two of the startups trying to find novel ways to enforce contracts bilaterally.
“Penalties have been used as a way to drive changes and behaviors. That hasn’t worked. It’s caused a lot of angst and distrust in the industry,” said Gordon Downes, CEO of NYSHEX.
Pls read on.
https://300cubits.tech/ico
The project at first glance is very interesting. The team is represented. White paper in different languages. I would like to clarify for myself. You have it written. When using TEU tokens as a deposit to book a seat on
ship, the sender can enter data either manually or through
Download Excel file. I do not really understand, but what is a book?
ship, the sender can enter data either manually or through
Download Excel file. I do not really understand, but what is a book?
Rearranged all the information about the project. It should be better if the information completed with pictures for description. Basically, in my opinion, the project looks very good prospect to be successful.
Media coverage
https://[Suspicious link removed]/rj2M3T
[Suspicious link removed]/
製航運業虛擬貨幣 科大生冀解決撻訂問題
貨主預訂集裝箱船艙時，不需預付訂金，但不少貨主未有按船期出貨，致航運業界在過去每年錄得230億美元虧損；部分船公司為應對風險，或會超額接受預訂，但無論出現空置船艙或超收訂單，均對船運業帶來負面影響。兩名科大畢業生為了解決相關情況，發明首個船運業的虛擬貨幣「TEU」，冀為有信用的船公司及貨主提供「保證」評級，兩人正與5間大型船運公司商討合作機會。
科大生物學系畢業生梁民(中)和財務學系畢業生李可興(右)研發出供船運業使用虛擬貨幣TEU。他們表示，貨主及貨輪訂立智能合同時，確認訂倉細節，雙方均提交TEU作為訂金，若貨主未能按約定送貨到碼頭時，TEU便被船公司沒收，若貨輪無法裝載貨物時，貨主亦獲賠相應TEU。
他們成立「300Cubits」公司只限製造1億個TEU，其中四成代幣公開發售，以創造代幣價值。梁民表示，已公開預售2%的代幣，現有80個購入需求，總值逾5萬美金(約逾39萬港元)，而11月中公司將發售1,800萬個代幣；另外，亦會將部分代幣有條件的免費給予船運業參與者，希望提高代幣價值，最後可成船運行業其中一種貨幣。
https://300cubits.tech/ico
Media coverage
https[Suspicious link removed]cutive.com/article/singaporean-companies-explore-blockchain-applications
maritime-executive.com
https://300cubits.tech/ico
We were active in the bitcointalk since August-2017 but due to spamming attack in our previous discussion thread and mod has closed us down and I lost all my membership status and cannot post the content properly. We will post info gradually. Thanks.
https://300cubits.tech/ico
very short information!
we need more information guys
we need more information guys
No information about the project? This is your whole ann?
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