UPS looks to solve supply chain issues with Blockchain patent

UPS has filed a U.S. patent application for a technology that would use blockchain and its shared distributed ledgers to more efficiently track and manage packages shipped within its network as well as those handed off to other carriers worldwide.
The application, filed earlier this year but just made public this week, details challenges that the technology would solve for, including coordinating handoff of overseas shipments among different providers while also guaranteeing maintenance of special handling conditions throughout the journey from seller to buyer. Read more…