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Cryptos in Shipping (Crypto Start-ups (Shipchain (ERC20 SHIP Token),…
Cryptos in Shipping
Crypto Start-ups
Shipchain (ERC20 SHIP Token)
Blockshipping (CPT & CCC)
300Cubits (TEU Token)
... probably a lot more
Prime Shipping Foundation
Smart Contracts
Trustless business
Inflation of trust?
Trust-cost?
Claimshandling
Oppurtunity cost of trust (forgone opportunities)
Trust-premium
Cost of non-Performance: Late payments and other breaches of contract
Perspective in shipping?
Real world use realisitc soon?
What are the critical Points?
Trustworthines of Input data
Operational gains
Faster transaction times
Reducing transaction costs
Substituting letters of credit
Change Management
Historical resistance to change and technology
Only partial understanding of the processes by the industry participants