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1-minute explanation of TEU Tokens
WHY TEU TOKENS?
Our tokens help to sustain the global supply chain for ocean borne cargo.
The majority of products in your malls and stores get there by container ship. But supply chain inefficiencies add to the prices you get charged. TEU Tokens help eliminate these inefficiencies.
Retailers seek to maximize sales with the lowest inventories. This requires a highly functioning supply chain.
Application of blockchain technology can help fix their supply chains.
For Container Liners
Container liners need their ships to sail fully loaded for maximum profitability. Gaps in the supply chain force ships to sail with un-filled capacity.
TEU tokens restore shipment reliability through Smart Contracts.
No Show Bookings cost the container industry $23 billion a year.
Customers don’t show up with cargo for confirmed bookings.
TEU Tokens are used as a form of booking deposit.
Market Penetration Approach
TEU Tokens will be distributed for FREE to industry users.
The TEU Ecosystem fees are payable in the TEU tokens that were given to the industry for free.
3-minute explanation of TEU Tokens by Johnson Leung on Bloomberg TV
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