UPS Joins Alliance on Blockchain Adoption for the Freight Industry

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So far, there have been a few studies exploring how blockchain technology could improve the freight industry and its supply chain. New reports indicate that UPS, one of the world’s leading shipping companies, has joined the Blockchain in Trucking Alliance, also known as the BiTA. Alliance to work on standardized framework The alliance, which was formed in August of this year, is actively working on development, adoption, and education in connection with a framework facilitated by blockchain technology. So far, 300 companies have applied to join the BiTA, with UPS being one of them. According to an official release, UPS is now working

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