2019-03-22 18:00:27
UPS Integrates Blockchain Platform to Improve Merchant Supply ChainsMajor American postal carrier
UPS and
e-commerce technology company Inxeption have jointly rolled out a blockchain-powered platform to improve merchant supply chains. The development was announced in a press release published on March 21.
The new blockchain platform dubbed Inxeption Zippy is designed to help companies list, market and distribute their products to customers. The platform purportedly enables merchants to monitor the entire supply chain from product listing to delivery, ensuring that sensitive data like contract-specific pricing and rates are only accessible to the buyer and seller.
By using the platform, merchants will purportedly be able to upload product information, schedule orders, monitor returns, process transactions, and review sales and marketing analytics, among other services.
Farzad Dibachi, CEO of Inxeption, said that the platform “creates simplified pricing solutions for B2B merchants with limited digital marketing and IT resources to easily manage all aspects of selling and shipping from one secure place.”
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