Dogecoin on the list of possible UPS integration coins

UPS(United Parcel Service) said it was looking to integrate blockchain and cryptocurrency into its business in the future and was looking at Bitcoin, Litecoin, Ethereum, Ripple, and Dogecoin. I found it surprising that they would be considering Dogecoin, which started as a joke meme coin but is growing into a considerable player in the cryptocurrency market. UPS’s integration of any coin would be a big step for that coin, but it would be bigger for DOGE than the other four because DOGE does not have the marketcap or the transaction volume of the other four coins and so will have a bigger percentage boost if adopted by a large business like UPS. It is good to see DOGECOIN taken seriously by large business although it somewhat makes sense as DOGE is more decentralized than the other big cryptocurrencies because of its origins.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s