2025-12-09 02:22:01

Carbon-neutral shipping giant NCT( (NASDAQ: NCT)) has recently made a new move—they’ve set their sights on Singapore-based Web3 tech company Starks Network.

According to the agreement signed by both parties, NCT will acquire just under half of Starks Network’s shares, and the two companies also plan to jointly advance the zCloak Network project. This deal is quite interesting, as the traditional shipping industry is now proactively embracing on-chain technology.

Although Starks Network is registered in the Cayman Islands, its actual operations are in Singapore. Their zCloak project has established a solid reputation within the Web3 community. Their core business covers AI identity verification, enterprise self-custody wallet solutions, stablecoin payment channels, and an AI-encrypted payment tech stack. Building such a system is no easy feat, which is why they received incubation funding from Hong Kong Cyberport, and even Coinbase Ventures participated in their investment.

From shipping to blockchain infrastructure, the logic behind NCT’s move may lie in the real-world applications of compliant payment channels and enterprise-grade wallets. After all, when it comes to cross-border settlements, there’s definitely room for improvement in traditional methods.

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RegenRestorer

· 12-09 16:07

Even the shipping industry is getting into Web3 now. These days, if traditional industries don’t pivot, they’re really going to get left behind. --- Coinbase Ventures has invested, so this zCloak project seems pretty decent. --- Cross-border settlement is definitely a pain point, but the key is whether it can really be put to use. --- This move by NCT is pretty interesting, shifting from carbon neutrality to blockchain infrastructure. --- A stablecoin payment channel? Sounds great—let’s see if it can actually be implemented. --- Cayman registration and Singapore operations—they’ve really thought through compliance. --- There’s considerable demand for enterprise-level wallets, and NCT has identified that. --- Investing with half their shares—is this a show of confidence or just dipping their toes in? --- It was incubated by Hong Kong Cyberport, which means the project’s background is pretty solid. --- Traditional shipping + on-chain technology—this combination feels pretty fresh.

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LightningWallet

· 12-09 02:51

Traditional giants are bottom fishing Web3 infrastructure, the pace is a bit fast. Has NCT really understood it or is it just trying to ride the hype? --- zCloak is now endorsed by Coinbase, so the shipping industry has finally reacted. --- Cross-border payments are indeed a bottleneck, but I still can't quite accept shipping companies getting into blockchain... --- Starks Network received funding from Hong Kong Cyberport, that's quite a background, but whether it can be implemented remains to be seen. --- Less than half the shares and they can still jointly push forward? How watered down does the agreement have to be for it to be this cheap? --- From carbon neutrality to Web3 infrastructure, is NCT really trying to transform or just gambling?

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StableNomad

· 12-09 02:49

ngl shipping companies pivoting to web3 gives me PTSD from 2018... statistically speaking though, actual enterprise wallet adoption hits different than typical blockchain theater. reminds me of UST in May but like, reversed? at least they're not promising 20% APY lol

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consensus_failure

· 12-09 02:47

Shipping giants are getting into Web3 now, things are heating up. Is NCT trying to use stablecoins for cross-border payments? We'll have to see how it actually works in practice. Starks is backed by Coinbase investments, so it seems pretty reliable, right? But wait, can it really replace SWIFT? It's easier said than done. When traditional big companies get involved, either they really believe in it, or they're just paying the "IQ tax." Is zCloak's tech stack really that powerful? Has anyone actually tested it? Even Hong Kong Cyberport is supporting this, so it does seem somewhat credible. But where exactly is the intersection between shipping and Web3? I'm a bit confused.

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RektRecorder

· 12-09 02:46

A major shipping company is getting into blockchain? That's an interesting approach. Cross-border payments do need to be sped up.

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ShibaOnTheRun

· 12-09 02:27

Shipping giants are starting to get on-chain; now traditional industries really can’t sit still. Established traditional companies are entering to bottom-fish in Web3, which is pretty interesting. Even Coinbase Ventures has invested, which shows this system really has something going for it. Cross-border settlement definitely needs an upgrade—the traditional way is just too slow. Shipping + blockchain—this combination is pretty fresh. There’s a real demand for compliant payment channels. NCT is making a steady move here—not rushed or reckless. Web3 is finally getting recognition from major institutions.

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