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UPS Inc. announced Nov. 7 it has joined the Blockchain in Trucking Alliance to assist in creating industry standards and protocols to enable blockchain platforms to operate together with established technologies.

GlobalTranz Enterprises Inc. has joined the Blockchain in Trucking Alliance, a group of industry executives and companies dedicated to developing and promoting blockchain technology standards in the logistics and trucking industry.

A new industry group formed in August, the Blockchain in Trucking Alliance, intends to promote and establish the use of blockchain, a distributed digital ledger, in the supply chain.