UPS has made an equity investment in a block-chain-based e-commerce platform startup, called Inxeption Corp., via its UPS Strategic Enterprise Fund. While financial details were not released, the investment will be used to develop e-commerce services for B2B sellers and buyers.
Calling the investment partnership “the future of commerce,” Inxeption CEO and co-founder, Farzad Dibachi, said e-commerce customers “need secure platforms that protect their customer data and proprietary information, while making it easy for them to interact and even collaborate more effectively with their customers.”
https://paperblockchain.com/ups-strategic-enterprise-fund-invests-in-blockchain-based-inxeption-platform/
