THELOGICALINDIAN - A new columnist absolution appear bygone claims that FedEx the USbased bagman commitment account has aloof abutting Hyperledger
FedEx Becomes Hyperledger’s New Partner
According to the press release, FedEx has aloof partnered up with Hyperledger, an open-source blockchain activity that aims to accommodate cross-industry blockchain technologies. Hyperledger is hosted by the Linux Foundation, and its ambition is to acquiesce altered organizations to actualize new applications, which would be based on the blockchain technology.
Apart from apps, these organizations would additionally be able of authoritative industry-grade platforms, and alike absolute accouterments systems that would advance their business transactions. FedEx’s accommodation to accompany the activity has fabricated it one of added than 270 members.
These accommodate abundant ample companies like Intel, JPMorgan, IBM, Deutsche Boerse, amid others. Kevin Humphries, FedEx Services’ chief carnality president, commented on the move by advertence that there are ample implications for the blockchain technology.
Despite the actuality that abounding accede this technology to still be in a accompaniment of infancy, it has a lot of abeyant to adapt logistics, accumulation chains, transportation, and added aspects of FedEx’s business.
Blockchain Technology — A Way to the Future
This is not the aboriginal time that FedEx has fabricated a move that would get it afterpiece to the blockchain tech.
Back in February of this year, the aggregation abutting the BiTA (Blockchain in Transport Alliance), which is a accumulation whose associates additionally accommodate some above companies, such as GE transportation, JD Logistics, and BNSF. BiTA’s ambition is to apparatus blockchain technology for the purpose of convalescent aegis and accuracy in the aircraft industry.
Brian Behlendorf, Hyperledger’s controlling director, ahead declared that the DLT (Distributed Ledger Technology) would accompany a lot of changes to the apple of business. He alike predicted that the use of this technology will abate the ability of companies like Amazon, Facebook, and alike Google.
In the new columnist release, he commented on the advance of this technology’s acceptance rate, but additionally value. He declared that the blockchain technology is accepting absorption in abundant industries about the world.
As for FedEx, the aggregation has apparent a proactive access back it comes to adopting blockchain technology. Fred Smith, the company’s CEO, declared beforehand this year that he believes that blockchain technology will be the “next frontier” in the apple of all-around accumulation chains.
Only a few months later, FedEx Institute of Technology entered a new partnership, this time with Good Shepherd Pharmacy. This is a pharmacy casework company, and the ambition of the affiliation is to see the development of new infrastructure. The basement would be based on the blockchain technology, and it would decidedly advice blight patients by accouterment accessible admission to all-important medication.
