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Maritime blockchain platform 300cubits shuts down due to lack of traction

Maritime blockchain platform 300cubits shuts down due to lack of traction – FreightWaves

300cubits, the Hong Kong-based blockchain startup considered to be one of the earliest proponents of blockchain within the logistics sector, has announced that it will suspend the operation of its Booking Deposit Module (BDM) beginning October 1. Launched in July 2018 after a series of pilot shipments, the company is best known for coming out with its Ethereum-powered cryptocurrency called the “TEU tokens.”








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