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The Latest UPS Headlines
110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics
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<blockquote data-quote="cheryl" data-source="post: 3686094" data-attributes="member: 1"><p><a href="https://www.ccn.com/110-year-old-ups-eyes-blockchain-to-streamline-delivery-logistics/" target="_blank"><strong>110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics - CCN</strong></a></p><p></p><p>Century-old delivery giant United Parcel Service (UPS) believes that blockchain technology could help streamline package delivery logistics across a global supply chain.</p><p></p><p>According to documents published by the US Patent & Trademark Office (USPTO) on Thursday, the Georgia-based <a href="http://ccn.com/tag/UPS" target="_blank">UPS</a> has applied for a patent that utilizes <a href="http://ccn.com/blockchain-news" target="_blank">blockchain and distributed ledger technology</a> (DLT) to route packages throughout an international supply chain that may include multiple carriers.</p><p></p><p>The <a href="http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&friend=G&l=50&s1=%2220180232693%22.PGNR.&OS=DN/20180232693&RS=DN/20180232693" target="_blank">patent application</a>, which UPS originally filed on Feb. 16, explains that while shipping logistics providers have become quite adept at optimizing package routing to increase efficiency and minimize costs, it is still difficult to coordinate logistics for shipments that involve more than one logistics service provider transportation network.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3686094, member: 1"] [URL='https://www.ccn.com/110-year-old-ups-eyes-blockchain-to-streamline-delivery-logistics/'][B]110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics - CCN[/B][/URL] Century-old delivery giant United Parcel Service (UPS) believes that blockchain technology could help streamline package delivery logistics across a global supply chain. According to documents published by the US Patent & Trademark Office (USPTO) on Thursday, the Georgia-based [URL='http://ccn.com/tag/UPS']UPS[/URL] has applied for a patent that utilizes [URL='http://ccn.com/blockchain-news']blockchain and distributed ledger technology[/URL] (DLT) to route packages throughout an international supply chain that may include multiple carriers. The [URL='http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&friend=G&l=50&s1=%2220180232693%22.PGNR.&OS=DN/20180232693&RS=DN/20180232693']patent application[/URL], which UPS originally filed on Feb. 16, explains that while shipping logistics providers have become quite adept at optimizing package routing to increase efficiency and minimize costs, it is still difficult to coordinate logistics for shipments that involve more than one logistics service provider transportation network. [/QUOTE]
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