Blockchain ETH Smart Contract Tech just launched a shipping cryptocurrency. ETH is based out of Hong Kong. TEU tokens, the name of ETH's crypto, will hopefully be used to facilitate trade and set the trend for niche market currency.. The goal is for it to be a cryptocurrency for the cargo shipment companies and 3 PL providers within parameters of the 300cubits project.
A release of 20 million TEU tokens, whilst allowing booking currency for the smart contracts and utilization of the blockchain technology.
Projection given is savings of 23 billion dollars US of losses, due to not having proper centralized booking system in place.
In March 2018 additional 18 million TEU tokens will be released.
Furthermore booking platform set to launch in June 2018, with transaction fees of 0/7% of each TEU Coins.
More information available on https://300cubits.tech
