American multinational package delivery and supply chain management giant United Parcel Service (UPS) is teaming up with e-commerce technology company Inxeption to create Inxeption Zippy, a blockchain-based e-commerce platform that helps B2B merchants set up, sell, and ship products online.
The Inxeption-powered platform affords manufacturers, distributors, and wholesalers the ability to create a company-branded website for the conducting of e-commerce transactions while facilitating in the listing, marketing, and actual selling of products to other business customers. According to an official press release, the blockchain component of this platform unsurprisingly is meant to safeguard sensitive information, such as individual pricing and negotiated rates.
On the other side of the partnership, UPS provides end-to-end supply chain solutions via its well-known global shipping, tracking, and logistics services. These services include the construction of webpages with product details, order scheduling, shipment monitoring, return…