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300cubits TEU

300cubits TEU

TEU

This is a blockchain project solving US$23B ghost bookings pain point in the US$150B container shipper industry by creating a digital booking deposit, TEU ERC20 utility token, and ecosystem in Ethereum.

Completed
12.04.2018 12.05.2018


Strong market penetration strategy: The TEU tokens are given for free to the industry which in return will create a new industry practice and hence demand for the TEU tokens. Management team with relevant industry background: Our founders have 50 yearsí experience in shipping, currency and system development. Ready demand in the market: Industry is broke but in needs of tangible booking deposit. Our solution provides tangible deposit assets free of charge. Competitive offering relative to competing solutions: Competing solution is fiat-currency-based booking deposit, which is working capital intensive for the users. Easy system implementation: Our IT solution entails a crypto deposit dispatch front end, which is easy to develop and use. Ample usage potential: The same solution could be applied in multiple industry where booking is not securitized by any collaterals.

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