Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: 300cubits on April 12, 2018, 12:33:56 AM



Title: [ANN] TEU Tokens Update
Post by: 300cubits on April 12, 2018, 12:33:56 AM
https://300cubits.tech/img/bct/head.png (https://300cubits.tech)
https://300cubits.tech/img/bct/ecosys.png (https://youtu.be/ScUqnE-yrDs)
https://300cubits.tech/img/bct/bbg.png (https://300cubits.tech)
https://300cubits.tech/img/bct/press.png (https://300cubits.tech/media)
https://300cubits.tech/img/bct/why.png (https://300cubits.tech)
https://300cubits.tech/img/bct/what1.png (https://300cubits.tech)
https://300cubits.tech/img/bct/how1.png (https://300cubits.tech)
https://300cubits.tech/img/bct/prototype.png (https://300cubits.tech)
https://300cubits.tech/img/bct/freetoken.png (https://300cubits.tech/shipper-sgin-up)

https://300cubits.tech/img/bct/pdf.pngfrench (https://300cubits.tech/pdf/whitepaper_2.0_french.pdf)https://300cubits.tech/img/bct/pdf.pngchinese (https://300cubits.tech/pdf/whitepaper_2.0_chinese.pdf)https://300cubits.tech/img/bct/pdf.pngportuguese (https://300cubits.tech/pdf/whitepaper_2.0_portuguese.pdf)https://300cubits.tech/img/bct/pdf.pngarabic (https://300cubits.tech/pdf/whitepaper_2.0_arabic.pdf)https://300cubits.tech/img/bct/pdf.pnggerman (https://300cubits.tech/pdf/whitepaper_2.0_german.pdf)
https://300cubits.tech/img/bct/pdf.pngtagalog (https://300cubits.tech/pdf/whitepaper_2.0_tagalog.pdf)https://300cubits.tech/img/bct/pdf.pngspanish (https://300cubits.tech/pdf/whitepaper_2.0_spanish.pdf)https://300cubits.tech/img/bct/pdf.pngitalian (https://300cubits.tech/pdf/whitepaper_2.0_italian.pdf)https://300cubits.tech/img/bct/pdf.pngdanish (https://300cubits.tech/pdf/whitepaper_2.0_danish.pdf)https://300cubits.tech/img/bct/pdf.pngrussian (https://300cubits.tech/pdf/whitepaper_2.0_russian.pdf)https://300cubits.tech/img/bct/pdf.pnggreek (https://300cubits.tech/pdf/whitepaper_2.0_greek.pdf)


Title: Re: [ANN] TEU ICO is live!
Post by: bojoketikung on April 12, 2018, 02:22:20 AM
TEU token is already running and seems to have reached 2,000.000 tokens, hardcap 20,000.000.
Time is still 29 days away, hopefully smoothly and can target.


Title: Re: [ANN] TEU ICO is live!
Post by: 344lnd on April 12, 2018, 02:27:48 AM
No information about the project? This is your whole ann?


Title: Re: [ANN] TEU ICO is live!
Post by: evelyne.theresia1 on April 12, 2018, 02:32:03 AM
very short information!
we need more information guys :)


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 16, 2018, 08:27:42 AM

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




Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 16, 2018, 08:37:46 AM

Media coverage

https://www.americanshipper.com/main/news/shipping-finance-vets-launch-blockchain-startup--68287.aspx?source=Little4#

https://300cubits.tech/ico



Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 16, 2018, 08:45:20 AM

Media coverage

http://www.joc.com/technology/digital-currency-launched-reduce-cargo-no-shows_20170801.html

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 16, 2018, 11:48:32 PM

Media coverage

https://maritimedanmark.dk/?Id=35468

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 12:03:12 AM

Media coverage

https://www.lloydsloadinglist.com/freight-directory/news/A-token-solution-to-no-shows/69938.htm#.WYLp0NOGO9Y

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 01:03:00 AM

Media coverage

https://www.ccn.com/hong-kong-company-launches-blockchain-teu-token-revolutionize-shipping-industry/

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 01:17:05 AM

Media coverage

https://www.coinspeaker.com/2017/08/04/hong-kong-300cubits-ico-to-revolutionize-shipping/

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 07:42:00 AM

Media coverage

https://www.bloomberg.com/news/videos/2017-08-14/rising-risks-to-global-commodity-trade-video

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 08:03:06 AM

Media coverage

https://theloadstar.co.uk/teu-tokens-blockchain-may-shape-future-container-shipping-contracts/

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 08:16:49 AM

Media coverage

https[Suspicious link removed]cutive.com/article/singaporean-companies-explore-blockchain-applications

maritime-executive.com

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 08:28:01 AM

Media coverage

http://hk.on.cc/hk/bkn/cnt/news/20170824/bkn-20170824170026614-0824_00822_001.html

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 09:27:53 AM

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


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 07:01:00 PM

Media coverage

https://science-for-lunch.ust.hk/cgi-bin/lunch/eng/news_open.php?id=90

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: kambingliar on April 17, 2018, 07:10:31 PM
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.


Title: Re: [ANN] TEU ICO is live!
Post by: dzkrb on April 17, 2018, 07:21:29 PM
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?


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 07:23:02 PM

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


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 17, 2018, 07:33:29 PM
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?


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


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 18, 2018, 07:50:41 AM

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


Title: Re: [ANN] TEU ICO is live!
Post by: antiqklasik on April 18, 2018, 08:09:16 AM
I look to your project site, the information presented is clear and very interesting. has a high ico rating and an attractive reference bonus program, will be an attraction for investors to support your project.


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 18, 2018, 08:29:06 AM
I look to your project site, the information presented is clear and very interesting. has a high ico rating and an attractive reference bonus program, will be an attraction for investors to support your project.


Thanks a lot. If you have any further question, please do not hesitate to ask us.

Apply whitelist here:
https://ico.300cubits.tech/signup

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 20, 2018, 06:17:43 AM

Media coverage

http://www.scmp.com/business/banking-finance/article/2113392/hong-kong-fast-developing-cryptocurrency-centre

Hong Kong fast developing as a cryptocurrency centre
But with ecosystem so new, some observers worry that one bad ICO could derail the whole market

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 20, 2018, 03:06:03 PM

Media coverage

https://www.foodlogistics.com/ocean-ports-carriers/article/12382112/ocean-freight-goes-digital

Ocean Freight Goes Digital
New solutions, including blockchain, bring long awaited visibility to the industry.

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: supernva on April 20, 2018, 03:07:44 PM
Is it real page of the project?


Title: Re: [ANN] TEU ICO is live!
Post by: sarabic23 on April 21, 2018, 11:28:38 AM
It would be nice if you provide full information for us, So we can give a better support to your projects


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 09:00:42 AM

Media coverage

http://ebookshelf.ust.hk/flippingbook/G18576/mobile/index.html#p=6

The financial revolutionaries

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:03:35 PM

Media coverage

https://splash247.com/landmark-liner-blockchain-solution-debut-june/


https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:16:15 PM

Media coverage

https://www.dvz.de/rubriken/digitalisierung/single-view/nachricht/ein-bitcoin-fuer-die-schifffahrt.html

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:24:44 PM

Media coverage

http://splash247.com/shipping-tech-bubble-talk-emerges/


https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:27:17 PM

Media coverage

https://shippingwatch.com/secure/carriers/Container/article10262720.ece

Startup to launch cryptocurrency for container

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:36:21 PM

Media coverage

https://300cubits.tech/pdf/Alphaliner_Newsletter_no_05_2018_p1-3.pdf

KOL on the shipping industry commmented on 300cubits.


https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:42:50 PM

Media coverage

https[Suspicious link removed]cutive.com/article/300cubits-starts-handing-out-teu-tokens#gs.D5Y35b8

www.maritime-executive.com

300cubits Starts Handing Out TEU Tokens

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 25, 2018, 11:49:13 PM

Media coverage

https://theloadstar.co.uk/teu-tokens-first-cryptocurrency-container-shipping-launched/

TEU tokens – first cryptocurrency for container shipping is launched

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 26, 2018, 12:01:59 AM
There are 3 smart contracts as follows:

https://etherscan.io/address/teusale.eth
https://etherscan.io/address/0xa6d3ab499f7b20ce2a9ab5660415ccc19e42c4df
https://etherscan.io/address/0xb6600B1D7f595310c8087a6DD3BDB3D58B347d9b

hello! how much of token supply is being sold? 20k eth goal is quite a lot, so i am not sure how price can grow. and where is real ico wallet? website address only has less than 6 eth but website say almost 2k


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 26, 2018, 10:46:52 AM

Media coverage

http://seanews.ru/2018/02/01/%D0%BA%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D0%B0-%D0%B4%D0%BB%D1%8F-%D0%BA%D0%BE%D0%BD%D1%82%D0%B5%D0%B9%D0%BD%D0%B5%D1%80%D0%BD%D1%8B%D1%85-%D0%BF%D0%B5%D1%80%D0%B5%D0%B2/

covered by Russian media

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 27, 2018, 01:56:27 PM

Media coverage

https://www.porttechnology.org/news/300cubits_opens_up_teu_token_cryptocurrency_to_shippers

300cubits, one of the first companies to focus on the use of blockchain applications for the container shipping industry, has opened up its sign-up scheme so that shippers can start registering for the Hong Kong-based company’s TEU token cryptocurrency.

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: brjameng on April 27, 2018, 02:16:07 PM
There are so many post with link in it, for me it's confusing, That way making the reader confused, which is the link that should we learned first.


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on April 27, 2018, 02:33:35 PM
There are so many post with link in it, for me it's confusing, That way making the reader confused, which is the link that should we learned first.




Let's start with 2 explainer videos
https://youtu.be/ILVRH0-qar8
https://youtu.be/ScUqnE-yrDs

And a bloomberg intervew
https://youtu.be/-TX8rLSg39w

https://300cubits.tech/ico



Title: Re: [ANN] TEU ICO is live!
Post by: automatical111 on April 29, 2018, 12:17:22 PM
After your post, I don't understand what exactly you want create. I think that if you create good information base, and create your own style project, more people can go follow you!


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 06, 2018, 07:44:53 AM

Media coverage

https://shipinsight.com/will-cryptocurrencies-role-shipping/

Will cryptocurrencies have a role in shipping? In early 2018, the rapid rise in the value of Bitcoin was headline news with some fearing a bubble and predicting it would all end in tears while others saw it as a get rich quick opportunity. Since then, the value of Bitcoin has indeed fallen back considerably and some banks and national governments have announced restrictions on dealing in it.

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 07, 2018, 02:11:35 AM

Media coverage

https://cmfenews.com/shipping-industry-may-now-cryptocurrency/

Cryptocurrencies are a hot new presently, all thanks to the roller coaster ride that Bitcoin witnessed in the course of a few months, rising from $1,000 to $6,000 by mid-November in 2017 to skyrocketing to $19,500 in the December of the same year. The currency has fallen down back to $6,000. For the shipping industry, a currency that fluctuates so dynamically cannot work well for day to day transactions. Moreover, several governments and banks have put restrictions on dealing with the cryptocurrency.

But a new cryptocurrency may be apt for the shipping industry. This is the 300Cubits project that was launched in January this year by two businessmen based in Hong Kong. The company has developed the TEU tokens, aiming to find a solution to the issue of overbooking by container line operators and no-shows by shippers; such issues translate to losses of around $23 bn every year.

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 07, 2018, 05:12:35 AM

Media coverage

https://thirtyk.com/2018/02/21/logistics-shipping-blockchain/

Shipping companies face the problem of customers backing out of commitments with few if any repercussions. That can sabotage their scheduling, forcing them to hold cargos on the docks but also leave with half empty ships. Booking contracts exist but are rarely enforced.

The problem is costing shippers $26 billion a year, says 300cubits co-founder Johnson Leung. His Hong Kong-based company introduced the TEU, the shipping industry’s first cryptocurrency to use an ethereum-based booking and smart contract platform. It goes live June 15.

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 07, 2018, 07:27:08 AM

Media coverage

http://monthly.hkej.com/monthly/article/id/1780416/iBanker%E7%94%A8%E4%BB%A3%E5%B9%A3%E3%80%8C%E6%92%88%E3%80%8D1800%E5%84%84%E7%94%9F%E6%84%8F

iBanker用代幣「撈」1800億生意
當航運專家遇上貨幣專家,兩者會擦出什麼火花呢?答案可能是炮製出全港首隻船運ICO代幣——TEU,「那是船運行內術語Twenty-feet Equivalent Unit,意思即是20呎標準貨櫃。每次使用多少個TEU代幣,等於說運送多少個貨櫃」。

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: baureksa on May 07, 2018, 07:32:12 AM

Media coverage

https://thirtyk.com/2018/02/21/logistics-shipping-blockchain/

Shipping companies face the problem of customers backing out of commitments with few if any repercussions. That can sabotage their scheduling, forcing them to hold cargos on the docks but also leave with half empty ships. Booking contracts exist but are rarely enforced.

The problem is costing shippers $26 billion a year, says 300cubits co-founder Johnson Leung. His Hong Kong-based company introduced the TEU, the shipping industry’s first cryptocurrency to use an ethereum-based booking and smart contract platform. It goes live June 15.

https://300cubits.tech/ico


A good description, but still not very clear, is there a new program you want to convey to have a lot of devotees?
TEU ICO can grow and hope will be many who understand and bring in many investors so it can be realized.


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 07, 2018, 07:36:46 AM

Media coverage

https://thirtyk.com/2018/02/21/logistics-shipping-blockchain/

Shipping companies face the problem of customers backing out of commitments with few if any repercussions. That can sabotage their scheduling, forcing them to hold cargos on the docks but also leave with half empty ships. Booking contracts exist but are rarely enforced.

The problem is costing shippers $26 billion a year, says 300cubits co-founder Johnson Leung. His Hong Kong-based company introduced the TEU, the shipping industry’s first cryptocurrency to use an ethereum-based booking and smart contract platform. It goes live June 15.

https://300cubits.tech/ico


A good description, but still not very clear, is there a new program you want to convey to have a lot of devotees?
TEU ICO can grow and hope will be many who understand and bring in many investors so it can be realized.

It is an ongoing project and gained very good traction. We are rebuilding the bitcoin forum archive becoz our previous thread was wiped out accidentally.


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 07, 2018, 07:43:31 AM

Media coverage

https://cryptocoin.news/videos/icos-videos/icos-this-week-vrt-300cubits-teu-and-effect-ai-ico-review-8646/

https://300cubits.tech/ico


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on May 08, 2018, 05:39:07 PM

Media coverage

https://www.porttechnology.org/news/300cubits_ethereum_blockchain_controls_first_shipment

300cubits, a Hong Kong-based firm focusing on developing Ethereum blockchain for shipping, has announced that a successful trial shipment has taken place using its smart contract technology.
On March 15, 2018, TEU tokens held as booking deposit on blockchain returned to the users upon receipt of port EDI message on a textile shipment.

The shipment consists of two 40-foot high cube container boxes going from Malaysia to Brazil.

https://300cubits.tech/ico



Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on August 06, 2018, 07:30:34 AM

Media coverage

https[Suspicious link removed]cutive.com/article/brazilian-shipper-completes-first-blockchain-enabled-booking-deposit#gs.P7ouzxM

On Sunday, Hong Kong-based tech firm 300cubits announced that it has facilitated the first trial shipment of containerized cargo using its "TEU" cryptocurrency token booking deposits. Brazilian textile importer LPR used "TEU" tokens to book space for two 40-foot high cube boxes on a vessel operated by Malaysian liner West Port.

“It was a pleasure to be the first in the world to participate in this trial, for a technology that will change the way ocean shipments are done around the world,” said Felipe Bittencourt, CEO of LPR.

The shipment booking was confirmed on March 8, booking deposits in TEU tokens were placed by both the shipper and the liner on March 9 and returned on March 15 upon successful completion of shipment loading. The TEU tokens are  digital shipping booking deposits, and 300cubits says that they can solve the no-show and rolling problems that cause billions of dollars in inefficiencies in the container shipping industry each year. The principle is simple: both the liner and the shipper agree to a deposit amount in units of "TEU" tokens; both make a deposit; and if one party doesn't fulfill the contract, the other party receives all the deposited tokens. If everything goes to plan and the box goes onto the ship, both parties get their deposit back. These "TEU" transactions are conducted on the Etherium blockchain platform, and can be viewed by the public in the Etherscan portal, creating transparency. 
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https://300cubits.tech/


Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 07, 2018, 03:57:56 AM

Newsletter

https://mailchi.mp/300cubits/newsletter20180803

Latest about Booking Deposit Module
After several weeks of UAT (user acceptance tests) and some adjustments to our smart contract to reduce mining costs on the Ethereum blockchain, our Booking Deposit Module commence operation on 24th July.
 
The first shipment through our production system was a 20'dry container from Mitsui Chemical on a MCC Transport operated vessel from Singapore to Keelung. The shipper submitted booking deposit in TEU tokens on 24th July and the carrier quickly responded by putting up an equal amount of TEU tokens on the very same day. The shipment was gated in on 25th July and then loaded on 26th July, all in accordance with the booking plan. "We welcome solutions such as the one provided by 300cubits that help reduce No Show and Rolling, which, in our view, are some of the main pain points hurting both our customers and our own operation. We would like to see more shippers providing financial commitment at the booking stage. In return, we will provide equal commitment to ensure these shippers that their shipments will be loaded according to their bookings." said Naresh Potty, Chief Commercial Officer of MCC. Mitsui Chemical is a leading chemical material and product manufacturer while MCC Transport is a regional specialist handling all Intra-Asia containerised cargo for the Maersk group.
 
27 TEU in shipment volume has been put in our Booking Deposit Module during the first two weeks of operation.
 
At the moment, each participating liner has been paired up with couple shippers of their choice to work in their respective pilot program. We will include more of the long list of shippers already signed up for our solution and sign up more shippers who still have not signed up.
 
Most of our industry contacts suggest that the shipment volume this year has not been strong despite we are already in the traditional peak season. However, the carriers' capacity withdrawal has created some space tightness that is sufficient to make the shippers worry. Our solution helps both the shippers and carriers to secure their bookings according to their existing contract rates while not adding any working capital burden on either party. If you are a shipper and interested in using our solution to secure your bookings, please sign up here or reach out to us at info@300cubits.tech. 

Collaboration Update

We have recently been short-listed for PlugandPlay's accelerator program. PlugandPlay is the largest incubator and a venture capital company headquartered at Silicon Valley where it was an early investor in Dropbox, Paypal etc. We look forward to working with the rich network of corporate partners and investors on PlugandPlay's platform.

https://300cubits.tech/



Title: Re: [ANN] TEU Tokens Update
Post by: tukanglas on August 07, 2018, 04:07:12 AM
bitcoin for the shipping industry, an interesting project. in my opinion, TEU tokens will provide convenience and benefits for consumers, for retailers, and for container liners. hope many buy tokens.


Title: Re: [ANN] TEU ICO is live!
Post by: cattano on August 07, 2018, 04:10:49 AM

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




I feel bad for that. But your project does seems good. I think it should be able to thrive in cryptocurrency world.
Since the concept that you takes is the good one, since delivery system is what everyone need these days, so there will be guaranty for your project will get accepted in the market.


Title: Re: [ANN] TEU ICO is live!
Post by: 300cubits on August 07, 2018, 04:14:57 AM

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




I feel bad for that. But your project does seems good. I think it should be able to thrive in cryptocurrency world.
Since the concept that you takes is the good one, since delivery system is what everyone need these days, so there will be guaranty for your project will get accepted in the market.


We are very glad to inform all that we successfully built an up and running DApp for the shipping industry. It will take some times for our idea to flourish though.

https://300cubits.tech/



Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 07, 2018, 04:23:15 AM

Co-founder Johnson will speak in the world's largest shipping conference.
https://300cubits.tech/


https://300cubits.tech/img/bct/joc_sz_2018.png (https://events.joc.com/tpm-asia/speakers)


Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 08, 2018, 02:10:12 AM

About MCC:
https://www.mcc.com.sg/about-us

https://300cubits.tech/img/bct/mcc.png (https://twitter.com/mcctransportHQ/status/1026736054374526976)


https://300cubits.tech/



Title: Re: [ANN] TEU Tokens Update
Post by: bachduongkute on August 08, 2018, 02:52:58 AM
This is a very promising project, with a good team of developers, I really believe in this project.


Title: Re: [ANN] TEU Tokens Update
Post by: quynhcoi on August 08, 2018, 02:53:26 AM
This is a very promising project, with a good team of developers, I really believe in this project.


Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 10, 2018, 02:48:04 AM

300cubits will join the event and you can join to understand more about us.

A Focus Week is the consolidation of all corporate and startups into a few days. Communal Dealflows, Corporate Reverse Pitch, Pitch Polishing Session, Corporate Best Practices, and networking events all occur during one week.

Why attend? Focus Week helps our stakeholders plan ahead and receive the most value in the least amount of time. Unlike our traditional programs where one-on-one meetings or mentor session occur ad-hoc throughout the year, all hands are on deck to deliver content and make decisions.

DATE AND TIME
Mon, Aug 27, 2018, 8:30 PM –
Wed, Aug 29, 2018, 5:00 PM PDT

LOCATION
Plug and Play Tech Center
440 North Wolfe Road
Sunnyvale, CA 94085
United States

https://300cubits.tech/


Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 10, 2018, 10:14:16 AM

Media Feature:
http://www.transportweekly.com/pages/en/news/articles/144663/

https://300cubits.tech


Title: Re: [ANN] TEU Tokens Update
Post by: 300cubits on August 15, 2018, 02:52:02 AM
Update:

MCC, the number one liner Maersk Group's container shipping specialist in Intra-Asia, published their success with 300cubits

https://300cubits.tech/img/bct/MCC_0810.png (https://www.mcc.com.sg/news/2018/08/10/mcc-transport-moves-the-first-blockchain-shipping-success)
https://www.mcc.com.sg/news/2018/08/10/mcc-transport-moves-the-first-blockchain-shipping-success

About MCC:
https://www.mcc.com.sg/about-us
#Maersk #MCCTransport #blockchain #shipping

https://300cubits.tech