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Crypto currency for container shipping strikes out

Cryptocurrency for container shipping strikes out

A Hong Kong-based company that attempted to compel container lines and shippers to honor ocean freight bookings by using a specially designed crytpocurrency will suspend operations Tuesday due to lack of interest. 300cubits, co-founded by industry veteran Johnson Leung, said in a note Monday that “the transaction volume through the system [has] been far from commercial.








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