UPS-Backed Blockchain Consortium Seeks to Disrupt the Freight and Logistics Industry

As blockchain becomes ubiquitous across consumer and enterprise applications, we will continue to see more and more large scale disruption of traditional sectors that are critical parts of the global economy. One space ripe for change is the freight and logistics industry, which commands roughly $8 trillion in annual revenues (2015), and is expected to reach a volume of over $15.