Hong Kong-based 300cubits will start handing out its TEU tokens to shippers, forwarders and third party logistics providers on February 1. The company will release 20 million TEU tokens designed to be used as digital shipping booking deposits to solve the no-show and rolling problems it says plagues the container shipping industry. 300cubits co-founder Johnson Leung told Alphaliner that the technology could help solve a $23 billion a year problem. "Much of the no-show or rolling happens because the counterparties (carriers and shippers) handle bookings casually.