Looks like more and more logistics company are getting interested in partnering with VeChain. DHL’s Head of Asia Innovation Mei Yee Pang tweeted that DHL would love to work with VeChain.
This is news comes just a few days after VeChain announced that Tim Draper has become an investor in VeChain. Due to VeChain’s popular demand the, the VEN token is an investors favorite and is rarely affected by Bitcoin Volatility.
VeChain is currently the 17th largest cryptocurrency by market cap, it is possible for this coin to become a dominant force in the industry as it proves to have a real use case and specific functions.
VeChain is a supply management Blockchain. Using smart contract features, VeChain tracks item ownership. Sensitive valuables like jewelry and glass are documented from original sourcing all the way through transitional ownership. With their identity system, they can track shipments through tags that are eligible using NFC, QR, or RFI identifiers. By processing the product with a tag, companies and customers can track their items throughout the shipping journey. The blockchain platform Vechain runs on secures the supply chain by verifying product authenticity.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…
Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…
Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…
Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…
April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…
The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…