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eTEU is solving the issue of inefficient, paper-based documentation procedures in international trade, which cost businesses globally more than $200 Billion every year. We are enabling paperless management of international shipment, using blockchain technology to ensure trust between members of the supply chain and automating repetitive bureaucracies such as document drafting. Users can simply upload or generate documents on the platform, as well as manage the necessary documentation under shipments, and then transfer the documents in a secure blockchain-based environment. All of the transactions are stored on the blockchain for an immutable audit trail. The original versions of the documents can be transferred as digital assets, thus not risking any exploitation of the documents themselves.

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Freight & Shipping
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eTEU

Claimed Profile, managed by the company
Claim Company
London
,
United Kingdom
https://eteu.co.uk/

eTEU is solving the issue of inefficient, paper-based documentation procedures in international trade, which cost businesses globally more than $200 Billion every year. We are enabling paperless management of international shipment, using blockchain technology to ensure trust between members of the supply chain and automating repetitive bureaucracies such as document drafting. Users can simply upload or generate documents on the platform, as well as manage the necessary documentation under shipments, and then transfer the documents in a secure blockchain-based environment. All of the transactions are stored on the blockchain for an immutable audit trail. The original versions of the documents can be transferred as digital assets, thus not risking any exploitation of the documents themselves.

Active
Active
Active
Freight & Shipping
General Information
Status
Active
City (Headquarter)
London
Country
United Kingdom
FTE’s
8
Employees
Funding ($)
$
500000
Phone
+44-7453979420
Founder
Founders
Techsegment
Sustainability Sub-Segment
Description
eTEU is solving the issue of inefficient, paper-based documentation procedures in international trade, which cost businesses globally more than $200 Billion every year. We are enabling paperless management of international shipment, using blockchain technology to ensure trust between members of the supply chain and automating repetitive bureaucracies such as document drafting. Users can simply upload or generate documents on the platform, as well as manage the necessary documentation under shipments, and then transfer the documents in a secure blockchain-based environment. All of the transactions are stored on the blockchain for an immutable audit trail. The original versions of the documents can be transferred as digital assets, thus not risking any exploitation of the documents themselves.
Business Model
B2B Software
Target Customers
We have a PoC with one of the top-5 biggest shipping companies in the world and paying contracts with three small shipping/logistics companies in Europe
Operating Geographies
United Kingdom, Ukraine

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