VeChain

VeChain extends its partnership with Xiamen Innov and Corelink

VeChain announced that they are extending their partnership with Xiamen Innov and the newly launched enterprise solution provider Corelink by deploying a VeChainThor enterprise level decentralized application – AssetLink.

Xiamen Innov is a publicly listed Chinese company mainly known for their RFID products had partnered with VeChain back in December 2017 to provide their hardware service in order to implement VeChain Thor technology.

Now they announced that Smart Corelink has also joined as a partner of VeChain. Smart Corelink(which is also a strategic partner with Aliyun, Alibaba’s cloud computing subsidiary) offers hardware supply chain services, cloud platform software services and other services.

VeChain mentions that:

Together, Xiamen Innov, Corelink, and VeChain have finished the development of the first version of an enterprise level decentralized application (dApp) that will utilize the combination of IoT technologies, blockchain, artificial intelligence and cloud technologies to be used by enterprises to track physical assets, inventories, and corresponding outputted data. This decentralized application is named AssetLink Manager.

Until the release of the mainnet Xiamen Innov and Smart Corelink plan onboarding their existing customers to provide solutions for robust supply chain management, smart appliance solutions, and product lifespan analytic modules.

They mentionThe solution will provide smart contract, transaction, subchain and data aggregation management, as well as the integration of Distributed Data Vending. Xiamen Innov and Corelink see this dApp as a true competitive advantage and are already seeing results from this innovation.

Xiamen Innov specializes in research, production and also won the award for “Top 10 Most Influential IoT Project” by China IoT. They also already have partnerships with Coca-ColaHyundaiVon Braun LabsSamsungLenovoHuaweiCoolpadZTEAppleDELLASUS.

VeChain Tweeted:

 

Source: VeChain


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Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

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