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UPS bets on blockchain as the future of the trillion-dollar shipping industry

inBlockchain - Practically Speaking

UPS bets on blockchain as the future of the trillion-dollar shipping industry

Source: TechCrunch

Jan Friman

Jan Friman

Strategic Product Officer, Chief Evangelist @Haaartland
Stockholm

Jan Friman
Strategic Product Officer, Chief Evangelist @Haaartland

  • 2

The world is run by trade. Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually ( 2015 data). As the world's economies scale up, that number is only expected to increase as we become more dependent on the international supply chain for our goods and services.

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