The investment arm of logistics giant UPS has made an undisclosed interest in US blockchain company Inxeption, the company said in a January 16 news release. link below
Inxeption, which began operations in 2017, aims to use blockchain technology to enhance various processes for companies, including product design, manufacturing and supply chain management.
Neither party has disclosed the scope of the deal. Inxeption and the UPS Strategic Enterprise Fund are expected to work together to develop new capabilities for the Inxeption platform.