FedEx: Global Supply Chains will be Changed by Blockchain

[mskumar]

The Chief executive officer of FedEx, Fred Smith, said at the 4-day blockchain Conference “Consensus” in New York, that the blockchain is the next determinant for the success of his company. From his own perspective, there is a whole sea of new opportunities, that are only available because of blockchains. This technology offers the world’s economic and financial systems, ample possibility for improvement. Concerning FedEx, this means blockchain implementation in the supply chain, transport, and logistics industries.

The world’s third largest shipping and logistics company is set to implement solutions to the freight industry problems by introducing a transparent and traceable chain that runs through the shipping and logistics company using the blockchain technology which Smith referred to as “The game changer“.
Source:https://www.crypto-news.net/fedex-global-supply-chains-will-be-changed-by-blockchain/?utm_source=pushengage&utm_medium=push_notification&utm_campaign=pushengage