brought about major product announcements featuring a turnkey solution “ToolChain” for any business to get into . I was able to attend and like CEO Sunny Lu and COO Kevin Feng. Here is a summary of the major announcements and partnerships from the summit.
What is VeChain?
is a generation platform focusing on enterprise . Vechain supports the creation of self executing contacts that have a guaranteed outcome without third party trust. This allows creation of decentralized applications (“Dapps”). These Dapps can potentially solve enterprise problems. Examples of enterprise problems include anti-counterfeiting in luxury items, automobile data and cold chain logistics.
Check out our article for more details on VeChain’s other features, partners, ecosystem and history.
VeChain Partnership Announcements
DNVGL
DNVGL has completely migrated all its previous Management System Certificates issued to its companies onto VeChain’s public .
The Company has announced they will be launching their digital in summer 2019. This will give everyone in the DNVGL ecosystem an opportunity to and exchange digital assets including .
VeChain partnered with DNVGL to create the . The United Nations Development Program (UNDP) has just joined into this partnership. This partnership means that enterprises and individuals can record and optimise reduction of their carbon footprint in line with the UNDP’s Sustainable Development Goals.
BMW
BMW has confirmed that it is developing a Dapp called VerifyCar for BMW cars. VerifyCar will record vehicle information onto the VeChainThor . Examples of such information include a vehicle’s mileage, insurance and service records.
Deloitte
Deloitte will be migrating from the network to the VeChainThor . Furthermore, Deloitte will release its open source block explorer to the public soon.
It was also announced that Antonio Senatore, Global CTO of Deloitte will join VeChain’s Advisory Board.
Pricewaterhouse Coopers (PwC)
VeChain hinted that in the coming 2 months, PwC will be announcing a massive project built on the VeChainThor with a globally renowned company.
Chun Yin Cheung- a partner in PwC ’s Risk Assurance Practice has changed roles from a VeChain Foundation Steering Committee member to an Advisory Board Member.
San Marino Government
VeChain announced that June 2019, we will likely see San Marino Government approved ICOs and/or STOs running on the VeChainThor .
Product Launch: the VeChain ToolChain
VeChain announced the launch of the ToolChain. The ToolChain is a toolbox containing all of the hardware, software, service protocols. The ToolChain allow anyone- even those without any technical experience, to onboard their business to the VeChainThor within 30 minutes.
VeChain already has enterprise partnerships with DNVGL and BMW. Now with ToolChain, anyone can make use of VeChain’s revolutionary technology to be used by the masses. Users will be able to upload any product information onto the VeChainThor and embed it onto their products.
Conclusion
VeChain Summit 2019 gave us an exciting glimpse into the VeChain roadmap for the next few months.
From the Summit, we can see that VeChain is on its way to truly spreading mass of technology. VeChain is doing this from continuing to build with its enterprise partners, to allowing smaller businesses access VeChain’s technology through ToolChain.
Check out our Livestream at VeChain Summit where we spoke to Sunny Lu (CEO of VeChain), Kevin Feng (COO of VeChain), (also check out my on this project) and others for a realistic look at what it was like to be at the conference.
Want recaps of each of the presentations? Check out
To learn more about VeChain check out our other article,
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Published at Mon, 22 Apr 2019 14:44:52 +0000
