- 20 April 2021
- Transport / Logistics Services
The US Postal Service (USPS) has certified CaseMail’s blockchain generated e-postage labels for use in its network. The e-postage labels use non-fungible token (NHF) mail technology. This is the world’s first use of blockchain supported postage.
The CaseMail NFT blockchain e-postage labels is one of the first real-world uses of NFT and blockchain. The CaseMail tokens are digitally stamped on USPS e-postage labels and items being mailed. The token records all the data regarding shipment and mailing history of the package, and this creates a verifiable chain of custody for digital and physical assets. The system also ensures privacy for the sender and recipient thanks to the chain of custody being cryptographically certified. US fiat currency – not cryptocurrency – is used to pay for the e-postage labels.
“It’s fitting that the USPS, a historic institution that served as a vanguard during the founding of our country, is at the forefront of this revolution in communications and commerce. CaseMail’s USPS-certified blockchain postage provides additional credibility to the debate about the future of NFTs and the wider adoption of blockchain into everyday life,” said Joe Ruiz, founder and CEO of CaseMail.
“Using NFTs to help protect a process that’s both familiar and important to everyone – mailing a letter or package – helps demystify this important new technology. It is simply postage printed from the blockchain.”
Initially the service will be only for legal professionals and government agencies. In Q2 of this year it will be offered to all USPS users.