The ecosystem will be supported by the native ParcelX Token (GPX), as the unifying payment instrument allowing participants to take part in the ecosystem regardless of their geographic location, eliminating foreign exchange risk. ParcelX is being built on top of an existing logistics network with an established market base in China, Korea and Japan. Its partnerships include major cross-border e-retailers like Rakuten, eBay, Wish, InterPark, LG life, ymatou.com and haihu.com. ParcelX’s China execution unit also has exclusive ownership of ports in Xiamen and Yancheng, with overseas warehouses in Japan and Korea. Instead of worrying about overhead costs and upgrading their IT infrastructure, partners are incentivized to focus on unlocking their latent capacity.