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Shipping Giant UPS Announces New Blockchain Integration Aimed To Increase B2B eCommerce Sales

ups

One of the largest shipping companies in the world and a true giant in the US, UPS, is in the latest headlines of our DC Forecasts crypto news site for a new blockchain integration. According to the news, UPS is ready to bring business-to-business (B2b) sales into the digital age.

Officially announced yesterday, UPS has inked a new deal with the eCommerce company Inxeption that will help it develop a platform to facilitate business-to-business sales supported by blockchain technology.

The platform will be named “Inxeption Zippe” and will work as an online catalog for businesses, as the UPS news page sums it up. The shipping giant said that the integration of services is aimed to bring more B2B customers in eCommece, claiming that slow adoption of online selling resources can directly impact businesses that use traditional methods for selling and advertising.

To help the clients go digital, this platform will make it easy for merchants to set up an online site for the company, list their products and achieve sales. In fact, the platform has made all of this an easy experience – focusing on blockchain and its popularity

Speaking of, blockchain will certainly play a role in the offering services for scheduling and monitoring shipments as well as with all transactions, purchase orders and financing record tracking on the Zippy platform. Even though merchants will be able to pay with credit cards – there will be no other means of payment such as cryptocurrency mentioned in the announcement.

The chief marketing officer for UPS commented on the new project, saying that “B2B buyers expect the same fast and convenient shopping experiences that consumers enjoy.”

On top of this, the platform will also provide marketing services such as search engines, sales reviews and analytics. What’s interesting is a new survey by Forrester research which predicts that the B2B eCommerce market trade will reach $1.8 billion by 2023.

The CEO of Inxeption commented on the partnersh““We’re revolutionizing B2B e-commerce and bringing companies and their customers together online in a trusted manner. This relationship creates simplified pricing solutions for B2B merchants with limited digital marketing and IT resources to easily manage all aspects of selling and shipping from one secure place.”