FedEx CEO: Blockchain Is The ‘Next Frontier’ For Global Supply Chains

Cointelegraph

Published May 15, 2018 10:33AM ET

Updated May 15, 2018 12:02PM ET

FedEx CEO: Blockchain Is The ‘Next Frontier’ For Global Supply Chains

Delivery services multinational FedEx (NYSE:FDX) said it is “quite confident” blockchain has “big, big implications” for supply chains in a speech May 14, as it continues engagement with the technology.

Speaking at the Consensus 2018 conference in New York Monday, FedEx CEO Fred Smith said that the time had come for businesses to ingratiate themselves with blockchain or face “probable extinction.”

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