[2018-05-16] CEO of Logistics Giant FedEx Praises Adopting Blockchain Tech in Di

[Vladdirescu87]

Frederick Smith, Chairman and Chief Executive Officer of U.S. Logistics giant FedEx, is more zealous on his commitment to clasping blockchain technology as one major way for the long-existing company to maintain its position in a vigorously changing digital world.

Smith elaborated that one main issue that the logistics and transportation industry has experienced is the 'massive amount of friction' in cross-border logistics since many countries have different standards, terminologies and regulations.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ceo-of-fedex-praises-adopting-blockchain/

[Jating]

Obviously logistics company like FedEx will really appreciate Blockchain Technology. I think banking and logistics system will be the major industry + pharma (medicine) as well. Because all of them rely on data needed in instant crossing boundaries. So it makes sense for FedEx to apply Blockchain Technology so solve their main problems. So them singing praises about Blockchain is only logical. Imagine how much they are going to save it they adopted and went 100% Blockchain based.