blockchain © Elnur
© Elnur

PRESS RELEASE: SOUTH SAN FRANCISCO, Calif., Jan. 16, 2019 (GLOBE NEWSWIRE) — Inxeption Corporation, the pioneer of blockchain-for-business, today announced that UPS (NYSE:UPS) Strategic Enterprise fund has made an equity investment in the company. The investment will be used to create innovative new e-commerce solutions for B2B sellers and buyers.

“This partnership represents the future of commerce,” said Farzad Dibachi, CEO and co-founder of Inxeption. “Business customers need secure platforms that protect their customer data and proprietary information, while making it easy for them to interact and even collaborate more effectively with their customers. We are thrilled to partner with UPS, the largest logistics provider in the world.”

Inxeption has designed the first blockchain-based e-commerce platform for B2B that catalogs and digitizes product information. The robust technology integrates product design, manufacturing, and supply chain to help merchants grow their top line revenue and sell products online, either for the first time or in a scalable, smarter way. Shipping solutions are a particularly important factor in B2B e-commerce. UPS and Inxeption will work together to develop and bring to market new solutions in this area.

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