UPS intends to get rid of paperwork using blockchain UPS, a US express delivery and logistics company, has announced its membership in the blockchain consortium Blockchain in Trucking Alliance (BiTA), which includes representatives of the trucking industry.

UPS Aims to Get Rid of Paperwork with Blockchain

US company UPS, specializing in express delivery and logistics, announced its entry into the Blockchain in Trucking Alliance (BiTA), a blockchain consortium of representatives of the trucking industry..

UPS announces that it will be actively involved in the development of blockchain standards for tracking parcels and making payments between various participants in the supply chain.

Linda Uekland, Director of Enterprise Architecture and Innovation at UPS, spoke about the benefits of using blockchain in the logistics industry.

“Technology can increase transparency and efficiency among transport companies, brokers, consumers, carriers, vendors and other businesses,” she said..

The company also reports that it is already researching the possibilities of blockchain in the field of customs brokerage services. UPS plans to reduce paperwork and create a more efficient platform for its customers and partners.

The Blockchain in Trucking Alliance (BiTA) consortium was created in August this year with the aim of developing uniform standards in the field of logistics.

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