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FedEx is the 11th member of the Executive Advisory Board of the Blockchain Center of Excellence at the Sam M. Walton College of Business at the University of Arkansas.

FedEx is a member of the center’s Executive Advisory Board at ArcBest, EY, FIS, Golden State Foods, IBM, JB Hunt Transport Inc., McKesson, Microsoft, Tyson Foods and Walmart.

Since its inception in 2018 within the Information Systems Department at Walton College, the Blockchain Center of Excellence has made the college and the U of A an academic leader in the research and education of blockchain-enabled technologies and digital ecosystems. The center promotes research into the implications and implementation of blockchain to make it a mainstream tool for businesses.

FedEx is involved in a number of blockchain initiatives, including those in which other member companies of the Blockchain Center of Excellence are participating. FedEx is also a founding member of the Blockchain Research Institute and the Blockchain in Transport Alliance (BiTA). Dale Chrystie, FedEx’s head of blockchain strategy and chairman of the BiTA Standards Council, is FedEx’s representative on the board.

Chrystie graduated from the U of A and participated in workshops and conferences of the Blockchain Center of Excellence as well as courses as a visiting lecturer.

“FedEx helped advance the concept of retention chains – the idea that our customers trusted us to deliver shipments from anywhere in the world to any other – and monitor that shipment along the way. We believe blockchain will take this concept to the next level and transform global commerce, ”said Chrystie. “We are excited to join the Blockchain Center of Excellence and train the next generation of leaders at the University of Arkansas.”

“FedEx will deepen our supply chain expertise and expand our blockchain standards expertise,” said Mary C. Lacity, Walton Professor of Information Systems and Director of the Blockchain Center of Excellence.

Arkansas Governor Asa Hutchinson opened the center in 2018 at a ceremony on the U of A campus attended by Dean Matt Waller of Walton College and Chancellor Joe Steinmetz.

“At BCoE, we believe that future professionals with skills and knowledge in blockchain-enabled technologies and digital ecosystems will transform businesses and society into more efficient, sustainable and profitable networks,” said Lacity.

About the University of Arkansas: As the flagship of Arkansas, the U of A offers internationally competitive education in more than 200 academic programs. Founded in 1871, U of A contributes more than $ 2.2 billion to the Arkansas economy by teaching new knowledge and skills, instilling entrepreneurship and professional development, discovering through research and creative pursuits, while developing professional disciplines. The Carnegie Foundation places the U of A in the top 3% of US colleges and universities with the highest research activity. US News & World Report ranks the U of A among the best public universities in the country. See how the U of A works to build a better world on the Arkansas Research News.