UPS and Inxeption signed a business alliance
The goal of the technology is to provide improvements for the processes of negotiation, product design, manufacturing and supply chain management
One of the largest companies in terms of logistics, UPS created a commercial alliance with the American blockchain technology company Inxeption.
In a press release it was specified that the technology will improve the processes of negotiation, product design, manufacturing and supply chain management.
Until now no details of the agreement have been revealed. It is expected that Inxeption and the UPS Strategic Business Fund will work together in the future to develop new functions for the blockchain company platform.
The CEO and founder of the company Farzad Dibachi said that “business customers need secure platforms that protect their clients’ information and data regarding properties, while making it easy for them to interact and even collaborate more effectively with their customers.”
For his part, UPS CMO Kevin Warren said he was attracted by Inxeption’s technology because “it is attractive to UPS because it helps to offer more efficiency for customers that use B2B e-commerce platforms.“
K. Tovar
Source: Globenewswire
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