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.
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 on: A 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)
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.