UPS Files For a Patent for Blockchain-based Shipping System
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UPS Files For a Patent for Blockchain-based Shipping System

THELOGICALINDIAN - Despite the actuality that the all-embracing cryptocurrency bazaar has beneath with about 70 percent back January 2024 absorption in blockchainbased technology grows stronger Yet addition above aggregation UPS demonstrates its austere intentions for implementing DLT in its operations

The aircraft behemothic UPS has filed an application for a apparent with the US Apparent & Trademark Office.

The company seeks acknowledged aegis for a arrangement which takes advantage of blockchain-based technology for autumn altered types of advice aural a broadcast balance network. The abstracts includes capacity about the package’s destination, its absolute movement, as able-bodied as busline affairs and others of the kind. The apparent reads:

 The aircraft behemothic UPS has filed an appliance for a apparent with the US Apparent & Trademark Office.

UPS is not the aboriginal above aggregation to analyze the possibilities of broadcast ledgers in the aircraft industry.

The Commonwealth Bank of Australia (CBA) afresh shipped and tracked as abundant as 17 bags of almonds application broadcast balance technology, as able-bodied as acute affairs and Internet of Things (IoT). The activity was agitated out in accord with bristles all-embracing and calm accumulation alternation leaders. Speaking on the matter, CBA Managing Director of Industrials and Logistics in Client Coverage Chris Scougall said:

How do you anticipate blockchain technology can enhance the aircraft industry? Don’t alternate to let us apperceive in the comments below!

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