UPS Private Equity Strategic Investment Official Sees Block Chain Role For Global Trade

UPS Private Equity Strategic Investment Official Sees Block Chain Role For Global Trade

While financial institutions explore the capabilities of the block chain as a tool for managing finance, the supply chain industry is taking an interest in using bitcoin and the block chain for managing global trade and e-commerce. Rimas Kapeskas, managing director of UPS Strategic Enterprise Fund, the private equity strategic investment arm of UPS, wrote a blog about the advantages of bitcoin on Longitudes, the UPS blog devoted to the trends shaping the global economy. Kapeskas said digital currency and block chain technologies could provide a better platform for global trade and....


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