FedEx to Improve Transparency and Security via Blockchain

FedEx is developing a few blokchain pilots to make sure it has an edge in the technology
01 February 2018   173

FedEx, a multinational courier delivery services company, has partnered with the Blockchain in Transport Alliance (BiTA) to improve transparency and data security to logistics processes through blockchain technology.

The company comes into the blockchain sphere in the wake of a high-profile cyber attack on its TNT express branch in Europe last year. Reports indicate that the integration of TNT into FedEx operations would cost the company $1.4 billion over the next four years - a number that was revised from an initial forecast of $800 million.

We are proud to be a founding member of BiTA and the BiTA standards board because we want to work on developing common standards around blockchain technology in the transportation industry. Since the technology is around making data more secure and transparent, we see that it holds a lot of promise.

 

Dale Chrystie

Vice president of strategic planning and analysis, FedEx Freight

FedEx is also looking to work on some blockchain pilot programs to make sure it has an edge in the technology. Pilot programs help the firm grow its knowledge of technology implementation across different platforms and also in understanding its scalability and performance characteristics, the company said.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   218

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.