Published on May 15th, 2018 | by bitcoin0
FedEx Chief: Global Supply Chains Will Evolve Into Blockchain Model
Delivery services multinational FedEx said it is “quite confident” blockchain has “big, big implications” for supply chains in a speech May 14, as it continues engagement with the technology.
In February, the company joined the Blockchain in Transport Alliance (BiTA), a focus group whose members include rail operator BNSF, JD Logistics, and GE Transportation.
FedEx’s goal, industry media reported at the time, was to strive to “create common logistics standards” based on the technology.
On May 10, Cointelegraph reported that Australia’s home affairs ministry is currently looking at how it could implement blockchain in its trade supply chains.
That same week, two United States House Subcommittees held a hearing focused on how blockchain can be used in supply chain management.