With the spirit of VeChainThor Mainnet 2nd Year Anniversary celebration, the Foundation announced the VeChain Community Video Contest 2020 held on 7 June 2020. This is the first event of our Anniversary celebration series.
With the purpose of fostering transparent communication on our accomplishments on creating tangible economic value by blockchain technology, we hereby present the 11th VeChain Foundation Financial Executive Report, covering the period from February 2020 through to April 2020.
This new initiative and product by DNV GL will be enhanced and powered by VeChain’s blockchain technology. In particular, the VeChain ToolChain™ BaaS Platform will be used to support DNV GL to launch this brand-new digital product in a rapid lead time.
On June 2nd, 2020, Shenzhen Yuhongtai Foods Co. Ltd. announced the adoption of VeChain ToolChain™ technology to power their Food Traceability Platform, starting from the premium pork products by their wholly-owned subsidiary Meijiada Fresh Foods.
As the leading public blockchain platform with many proven track use cases, VeChain furthers the collaboration with I-Dante to co-develop E-HCert App, which provides an archival solution for COVID-19 RT-PCR (real time-polymerase chain reaction) and antibodies tests (Rapid Test) records.
With more than 4.6 million infections, 300 thousand deaths and counting, the COVID-19 pandemic has been disrupting life as we know it worldwide. National governments, healthcare systems, employers regardless of region and continent have been scrambling to respond to it, and the pandemic has highlighted the increasing demand for digital technologies to replace our old way of communication.
May 6, 2020, Shanghai China — With the aim of building a high-efficiency cross-continental finance ecosystem in food industry, the APAC Provenance Council, strongly supported by government, export and industry bodies, standards agencies, large packaging and labelling service providers, and foremost finance giants and blockchain technology providers in the world, is established to integrate blockchain technology into the food supply chain finance in Australia-China trades.