UPS Plans to Streamline Logistics via Blockchains

United Parcel Service (UPS), a century-old company, asserts that using blockchain technology can help with managing the global supply chain by streamlining package delivery logistics. The US Patent & Trademark Office has published documents which show that UPS filed for several patents in connection to blockchain technology as well as a DLT, which are to be used for routing packages in a globally managed supply chain, including multiple carriers.
The patent application was submitted on 16th