FedEx is investing and confident about Bitcoin

[dothebeats]

For a company that processes international and domestic shipping, this would be a great application and innovation made by them. A private company developing its own private blockchain doesn't have any real effect in bitcoin or whatsoever, much more the cryptomarkets. Needless to say, it's good that they're taking steps into knowing what the blockchain tech is and how can it help them, but at the end of the day, they would benefit from the said tech and the first true application of blockchain which is bitcoin would be left behind in the dark.

[Skieleton]

So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?

It's a very good investment so why are you surprised? Companies have much more money than people. This is a very good move.

[Nodehype]

what is fedex?

[sandisunny]

well i think some big companies might follow because the cryptomarket is some what profiting, i mean who doesnt want to make profit.

[Arkyo]

This is very good news! Now all large companies will use blockchain technology in their work. The first to adopt the standards of industrial blockchain will gain leadership in this industry.

[teejayrichard2]

i think this is a plus to the crypto world as it will attract other investors who will see the useful and uniqueness of bitcoin then join

[Bellator]

So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?

You can provide the link opmate?
Uptrend of cryptoccurencies were increasing and if big companies like FEdEx would be confident to join in cryptocommunity well probably this would shows more interest also to big companies trust on bitcoins concepts and platforms.Another source of demands and expected the fluctuation of bitcoins value to rise.

[Doge dealer]

FedEx has actually launched a pilot to test data storage for dispute resolution and this was done to see what data they would need for a permanent ledger to create a easier way to manage disputes that may arise when goods are shipped through FedEx.This is yet another instance of blockchain technology permeating the business sector.

[careCentre]

This got me exited - " It is estimated that blockchain applications will represent 10% of global GDP, so it makes sense for

logistics companies to tap into the tech early. Alongside industry experts and BiTA, the blockchain could help propel the

shipping industry into a new era. " - Source : https://www.ccn.com/tracking-key-shipments-fedex-is-testing-with-blockchain/

The sad part is that Blockchain does not necessarily mean, Bitcoin. They will most probably develop their

own  in-house centralized "Blockchain" based technology that would be in competition with Bitcoin.  ... So this is not

good news for Bitcoin. 

I agree with you to some point, but I don't think in any situation they develop their own coin, it will be in competition with Bitcoin. if they are to develop their own coin, the value of their coin will definitely not be at the same level with bitcoin and moreover, a lot of people are investing into bitcoin.

[Sekyut]

The effect must be there, but I hope the effect will not only impact the price, but also the impact on trust, hopefully someday many companies will believe in bitcoin, and they can invest there.

[xuan87]

That is a great improvements by Bitcoin, if it's really true then a  lot of other big companies will be tempted to try blockchain technology, and this could rise the price, even with only the rumours, I am sure the price will go up and I am sure blockchain will give a huge advantage for the FedEx for transparency transactions

[Haxor321]

So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?

This is possibly the article the author is talking about. https://www.coindesk.com/fedex-moves-forward-blockchain-logistics-plans/

On this article we can read that FEDEX is trying to itegrate the blockchain technology into their system and on their daily operations.  The said use of blockchain is not to create another cryptocurrency but it will be used to monitor the deliveries so they can satisfy their clients by ensuring that all goods are being delivered. Using blockchain technology the sending and receiving goods will be easily be seen via blockchain.

Well, it is good to FEDEX that they have an idea like that and not just only thinking that because they wanted also to push it and they are willing to involve to blockchain technology. I think that was a good decision to make by FEDEX and because of it that will be addition accreditation to block chain and maybe one of this days there will be some companies that will do involve also to this technology.

[Paka1]

Big companies that are positive and confident with bitcoin i s a great sign that this crypto currency is in great position and with good reputation to be trusted by huge companies and people as well.  Seeing the potential and capabilities of crypto currency to help and  convenient enough to use.  Like FedEx which confidently adapt the new technology for the betterment of their services is a great indication that crypto currency has a good future ahead.

[posi]

i mean nt only FedEx, there're many more(and i can't remember them all), and no, this will not affect much on the market.

You kinda be kidding cause a lot of FUD was lately about Bitcoin, the GOX Trustee also flooded the market while FeDex is appreciating the network. Have you forget that FeDex was among the the giant company in the logistics sector and for to trust and try out blockchain network will have  a good impact in the cryptocurrency market.

[Musstang]

So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?

I consider that that the correct decision. Of course, other large corporations are monitoring bitcoin and there will come a time when more and more corporations will begin investing in crypto currency.

[bloodeverywhere]

Everyday we get more evidence that corporate America is seeing the utility of this technology. Those investing today in a meaningful way are proofing against future disruption.

[Addywealth]

This decision is a wise one for FedEx,  it will not only aid transactions it will also put them head of their competitors. I see other big companies coning up to subscribe to this innovation.

[thesmallgod]

firstly next time you write about topic like this you will need to provide link to the original article. However to me this sound like hoax but if this is true, it will have positive impact generally about cryptocurrency. Just we all know that big company like Fedex have competitors, definitely if fedex is adopting bitcoin then many of their competitors will also adopt it and this will give cryptocurrency an edge over some other digital currencies. already we have some shipping and logistics company adopting blockchain technology so having fedex also will be great.

[charlotte04]

So I recently read and article about FedEx Corporation is investing in blockchain. What do you think will be the effect of this in the crypto market? Do you think big companies will also follow what FedEx did?

I believe they are investing in the technology of Blockchain and not in Bitcoin. Please do separate them because there are not alike.

[bitcad4u]

This will increase the bitcoin price in future.By this investment more corporate company will inverse in bitcoin.This made huge impact on bitcoin price.You can buy huge amount of bitcoin for the future.Now the price of bitcoin is low compared to 9500$,you can start to save in bitcoin.