FedEx wants to integrate blockchain into its daily operations. They have joined the Blockchain in Transport Alliance (BiTA) to move toward this goal. FedEx has launched a program to use blockchain to store data in the process of dispute resolution. This program uses the blockchain’s ledger to store data that can ease disputes with customers about sending and receiving goods.
FedEx hopes to use blockchain tech to store data from their millions of records per day.
“We have millions of records a day in our system, and we think of blockchain as a secure chain of custody that could transform the logistics industry. We believe it holds a lot of promise in that space and would streamline all that data exchange in a very secure way.”
Read more about FedEx’s move to blockchain at freightwaves.com.