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Topic: UPS Targets Blockchain to Streamline Delivery Logistics (Read 147 times)

member
Activity: 378
Merit: 14
Not only UPS is aware of the economic and functional advantages of a very firm blockchain. Those who have not realized yet will also regret in the future.
hero member
Activity: 1148
Merit: 527
On August 16, according to the US Patent & Trademark Office (USPTO)-- UPS, the 110-year-old Georgia-based United Parcel Service has applied for a patent that utilizes blockchain and distributed ledger technology (DLT) to route packages throughout an international supply chain that may include multiple carriers. The patent application explains that with the current shipping logistics it is still difficult to coordinate logistics for shipments that involve more than one logistics service provider transportation network.

Details reported here -- https://www.ccn.com/110-year-old-ups-eyes-blockchain-to-streamline-delivery-logistics/
Another project that we never imagined would need blockchain but it was so obvious. There will be a lot more like this where we will say "how did we not think about it before" where some company will start using blockchain and we will see it was clearly needed. Blockchain is such a huge technology boost to the world that I really sometimes think it is much bigger than crypto currencies.

I know when the bull comes and prices skyrocket I will forget about how blockchain can shape a lot of markets all by itself but honestly the world doesn't need crypto as much as it needs blockchain. Crypto is a personal favorite for all of us and only has value when we say it has value, since there is no regulation it could be a dollar or a million dollars anytime and there would be nothing to stop it, however blockchain is not like that it is a technology and it is severly needed everywhere in the world.
copper member
Activity: 38
Merit: 7
Their service has been disappointing for the recent years. Hopefully with the implementation of blockchain, they can finally help track down the parcels they had lost instead of saying the post man forgot where it went.
newbie
Activity: 84
Merit: 0
On August 16, according to the US Patent & Trademark Office (USPTO)-- UPS, the 110-year-old Georgia-based United Parcel Service has applied for a patent that utilizes blockchain and distributed ledger technology (DLT) to route packages throughout an international supply chain that may include multiple carriers. The patent application explains that with the current shipping logistics it is still difficult to coordinate logistics for shipments that involve more than one logistics service provider transportation network.

Details reported here -- https://www.ccn.com/110-year-old-ups-eyes-blockchain-to-streamline-delivery-logistics/
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