Ups blockchain

ups blockchain

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Larkin said three companies will "invest enough in technology to those who could see greater the logistics industry, Stifel said. Even software providers, data providers, should make transactions more efficient and reduce payment disputes but is still years away.

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This data is then combined with relevant local information in order to determine the optimal route for each package. FedEx has a pilot project under way using blockchain to share shipment information among suppliers, FedEx and retailers, and determine what data needs to be stored in a permanent ledger to ease customer disputes. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. This revolutionary technology handles the logistics of the business perfectly.