An undisclosed investment from UPS reveals a commitment to blockchain profitability after cautionary statements from the logistics giant.
Source: cointelegraph.com
The investment arm of logistics giant UPS has made an undisclosed equity investment in Inxeption Corp. Inxeption plans to use blockchain technology to improve various processes for businesses including product design, manufacturing and supply chain management. Inxeption is changing the way industries promote, sell, and manage products and services online. Shipping solutions are an important factor in B2B e-commerce, and both companies will work together to develop and bring to market new solutions in this area.