Tuesday, August 9, 2022
Home Guides Why So Many Multi Billion Dollar Business Chose VeChain To Build Their...

Why So Many Multi Billion Dollar Business Chose VeChain To Build Their Blockchain Solutions?

- Advertisement -
Follow-Us-On-Google-News

VeChainThor is the top platform for running scalable business applications and is the first choice for companies looking to build real-world products.



VeChain has always addressed the barriers to mass adoption. This includes preventing volatile transaction fees using the dual-token VET/VTHO model and mitigating congestion with Vechain scalable network that adjusts to changing network usage.

Vechain unique protocols include fee delegation, which allows DApp owners and businesses to pay their users’ gas fees and opens dApps for most people.

VeChain offers various open-source tools, BAAS, and turnkey solutions that help startups integrate and develop blockchain technology without the need to start from scratch. Businesses can access the VeChain technical staff and technical documentation without any delays.

VeChain is a leader in identifying and meeting business requirements. This ability is evident in the quality and relationships that Vechain has with its partner companies.

Vechain helps businesses avoid blockchain and crypto pitfalls such as compliance, legal, and accounting.

Vechain Features For Business:

VeChain is a platform that helps you grow your business by encouraging collaboration between ecosystem partners and other business people. Vechain global platform allows businesses to spread the word and raise public awareness about their business.

Enterprise solutions that have been proven to work even for non-blockchain are available on Vechain.

Live corporate solutions

VeChainThor blockchain has the most efficient enterprise solutions available. It covers multiple uses cases in the Supply chain, Vehicle passport, and Digital carbon ecosystem, and many more.

VeChainTM Tool chain

Vechain ToolChainTM, a blockchain-as-a-service solution, enables enterprises to rapidly develop applications and test them in real-world scenarios.

Provider of Blockchain Technology

Vechain, a blockchain technology provider positioned as an ecosystem activator, has a Public blockchain protocol and blockchain as a Service solution.

Partner network

Vechain can attract clients because of the Vechain partner network. Vechain can implement solutions in a short time because of Industry experts and Technology partners.

VeChainThor

VeChainThor is a proof-of-authority-based, general-purpose public blockchain and governance. Vechain Economic models can be used for business purposes. Vechain Thor features Proof of Authority, Fee delegation, and a unique Economic model.

Technical support

VeChain offers technical support and documentation. Vechain international community is a valuable resource to promote the Business solution and reach potential customers. Technical support includes technical Documentation and the Developer channel.




VeChain-based Applications In Different Business

Below are some examples of VeChain based applications across a variety of industries.

Fast Growing Consumer Goods:

Walmart China & Sam’s Club – Food Tracking Platform.

The white-label version of VeChain was used to build Walmart’s tracking platform. It is currently being used by Sam’s Club, a Walmart affiliate. This platform is the first publicly available blockchain business network that includes manufacturers, suppliers, and logistics companies from the Walmart China supply chain.

Medical tests

Bayer – Drug Clinical Trials and Data Management

Bayer C-Secure was developed on VeChainThor to manage clinical trials, improve supply chains, and increase security.

Health care

i-Dante–Medical Records / Medical Data DApp

VeChain and i-Dante have developed E-HCert together. This e-health certificate app allows you to share your lab results with medical staff in real-time securely.

My Care

Based on the successful experience of developing digital verification service products, VeChain’s strategic partner DNV quickly developed My Care in response to the needs of epidemic prevention and control, aiming to adopt a hospital-level digital infection risk management solution combined with the data trust brought by Vechain blockchain technology, to help enterprises in various industries to improve the level of epidemic prevention.

MyBaby

Most Recently, VeChain has brought the technological potential of blockchain to a new sector in collaboration with DNV and one of China’s most important healthcare facilities, Renji Hospital. The partners launched MyBaby, a blockchain-based service app for In-Vetro fertilization (IVF). The app aims to mitigate the stress associated with the IVF process by providing women and their families with a tool to help manage and improve the IVF process. The app enables hospitals to provide better data management services and help families track their children’s progress. In addition, the app was created to be a valuable tool for reducing the anxiety, depression, and stress associated with this process.

Read MoreAfter Successful Launch Of My baby, Let’s Look Back On Some Of Vechain’s Prominent Projects In Health And Safety.

Field Security Code

“Changanma” is an urban public health and safety management platform. Its methodology relies on experts from domestic health, disease control, other relevant departments, and international authoritative third-party risk management methods. It is formed under a team of third-party experts. The Vechain powered digital platform aims to help all participants strengthen their risk management levels in controlling and preventing any epidemic. In June 2021– All residential communities within the jurisdiction of Hengyang Sub-district, Shishan High-tech Zone, Suzhou City, launched the “Changan Code-Community Edition” based on blockchain technology covering more than 300,000 residents.

Read More: VeChain Blockchain Milestones In Epidemic Prevention

San Marino, Vechain Powered National Digital Vaccination.

Recently, the Republic of San Marino partnered with Vechain and DNV Assurance to announced the release of National Digital Vaccine passports, using Vechain technology that guarantees a unique certificate. The certificates will be issued via Vechain Non-Fungible Tokens (eNFTs). The San Marino Digital Covid Certificate covers vaccination against Sars-Cov2.

Read More: San Marino Approves Vechain Powered National Digital Vaccination Passports And Why It Matters?

Food Safety:

There is a Long List Of Vechain helping businesses in the Food sector.

Some of them are:

  • China National Animal Health and Food Safety Innovation Alliance.
  • Fresh Dairy Products of “Farm Lovers” Under Bright Milk.
  • Pu’er Tea Traceability System in Yunnan Province.
  • KnowSeafood, A Cross-Border Food E-Commerce Platform.
  • Norway In A Box.

Read More onA Comprehensive Long List Of Vechain Food Safety Use Cases

Dairy Products Market

Vechain And Bright Food

An example of a Vechain contribution in dairy products is Bright Food. Bright Food fresh dairy products monitored by Vechain blockchain implements a new business model of Internet of Things equipment + blockchain technology + third-party certification guarantees that monitors the data of the entire production process and provides consumers with reliable and high-quality fresh products.




SMEs:

Foodgates.

Foodgate is An international food and beverage trading platform.

FoodGates is a joint venture between ASI, DNV, and VeChain. It’s the first intercontinental logistics solution and sales platform for the food and drink industry. The platform, unveiled at CIIE 2019, facilitates the trade of high-value French goods with rapidly-growing Chinese markets.

Sustainability

Ocean Cleanup – Ocean & Rivers Plastic Removal.

Ocean Cleanup, a leading certification body, uses IoT and Blockchain technologies, a standard developed by DNV, to prove the origin and authenticity of the recycled river and ocean plastics, transforming harmful waste into consumers products.

Luxury

Reebonz – Market for Luxury Fashion.

Reebonz is a luxury goods platform that specializes in the second-hand market for luxury fashion. Reebonz used tamper-proof NFC chips and blockchain technology to link physical items with digital tokens on blockchain. This verifies their authenticity.

Fashion

COS – Recycled and Environmentally Friendly Fabrics

COS, an H&M subsidiary, uses DNV’s MyStory platform for customers to exchange sustainability data about its wool products. 

Energy

ENN/Shanghai Gas Management Solution

VeChain and Shanghai Gas developed a joint solution for Zhoushan’s LNG port, China. This facilitates both domestic and international natural gas supply services.

Entertainment/Games

VMworld Collectibles Platform NFT

VMworld, an NFT-based platform for collectibles, comprises VIMs (Virtually Integrated Metadata), digital citizens of the new game / collectible world. VMworld allows users to trade, play, collect and add value to the broader community.


Conclusion

VeChain is the real world blockchain providing real life use cases. This is not a complete list. These are only a few examples of how the VeChainThor Blockchain can be used. The world’s first widely implemented public blockchain will be adopted more as demand for blockchain increases. This is undoubtedly due to the success of VeChain technology that VeChain is the preferred blockchain platform for real-world applications.

Due to vechain popularity World, Artificial Intelligence Conference (WAIC) Officially Indexed VeTrust Built On VeChain as “Innovative Frontrunner of Blockchain Application 2021” (Read More)

- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Ammara Mubin
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

How Decentralized Finance (DeFi) Can Bank The Unbanked

In the world of blockchain, the vast majority of decentralized finance news focuses on how this industry can further innovate financial technology, improving existing...

Why Are Most P2Es So Boring?

P2E (play-to-earn) games have been around for quite a while now. Numerous platforms have entered the market, each trying something different and at least...

Keninah Takes Donation Blockchain To a New Level Alongside Cardano

The coin market has seen significant growth since the introduction of the first crypto asset – Bitcoin. The changes in structure, however, use cases,...

Mike Novogratz Says Ethereum Could Reach $2,200 Before The Merge

  Mike Novogratz predicts Ethereum might hit $2,200 or more before its Merge release. window.coinzilla_display = window.coinzilla_display ||...

FTX Partners Reddit to Enable Redditors to Utilize Their Community Points for On-Chain Transactions 

  Redditors can use community points for on-chain transactions via FTX Pay.  window.coinzilla_display = window.coinzilla_display || ; ...

Iran Makes First Crypto-Based Import Order Worth $10 Million

  The Iranian government makes its first payment in cryptocurrency for imports totaling $10 million. window.coinzilla_display = window.coinzilla_display...

PIXXTASY Project – Don’t Use. Just Own It.

PIXXTASY is the brainchild of Zoltán Egri, a man who overcame a two-year drug addiction and has since become a serious anti-drug advocate. His...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.