Recap of VeChain BootCamp Vol.1: Sunny Lu On VeChain ToolChain™’s Role In The Path To Mass Adoption Of Blockchain Technology

2020-05-11 22:08
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The first episode of VeChain BootCamp with the topic “The Missing Part of Mass Adoption — VeChain ToolChain™ ” was successfully held on May 8th. Hosted by VeChain CEO and Co-Founder Sunny Lu, the live streaming webinar introduced the development roadmap of VeChain ToolChain™ from 1.0 to 4.0 — culminating to be the premium business ready standard tool for mass adoption in the entire blockchain industry. Gathering an amazing crowd from our community and interested audiences, the 1-hour event also covered an interactive session where Sunny randomly picked questions from the live audience and viewers and provided his answer.


 
In order to make sure that all our community members are updated and catched up on what happened in the first webinar episode, we prepared a summary of the key takeaways:

 VeChain heading towards global standardization and mass adoption: 
Using the history of the Internet, SaaS and E-commerce as basis, there will be a new era of standard blockchain services to power almost every sector, every industry across the globe. The scalability is vital to all blockchain platforms.

 Sunny Lu: We are always learning from history, so we know how to speed up and contribute to the technological evolution of the world.

VeChain is the Enabler for our business partners: Working from behind the scenes, VeChain empowers our business partners in the background by providing blockchain infrastructural support and services and helps them to optimize services to their clients in various sectors. 

Proven cases that can be drawn from include that of our current strategic partners, including DNV GL, PwC and others, which are all playing significant roles in blockchain project implementation for various clients of their own. They are also deploying blockchain technology to optimize their own internal work process as well. 

Sunny Lu: We are working with the big enterprises like DNV GL, PwC, and Deloitte and help them serve their customers. DNV GL can provide digital verification based on the data on the blockchain instead of sending people everywhere to do the auditing and inspection.

VeChain ToolChain™ is full featured and ready for the real business world: With all the core business ready features of VeChain ToolChain™ ready to be used, our partners are easily capable of unleashing new business values for their own enterprise clients using our industry leading blockchain technology. 

 Sunny Lu: We are not not talking about years. We are talking about two to three months. (to integrate blockchain tech into your business)

VeChain ToolChain™ is bigger than “BaaS”: Most of the current BaaS platform is still focusing on the underlying blockchain technology, like Nodes, Explorer, Wallets etc. VeChain ToolChain™ differentiates from other BaaS platforms with not only the advanced infrastructure services but its business-ready middlewares and third party service partners, which is THE missing part that enterprise clients can easily use to build their own business process and manage the data on blockchain. 

Sunny Lu: Remember it’s not just about blockchain. Technology is just part of that. You also have lots of different things to think and eventually bring the solution.


VeChain ToolChain™ provides not only the technology, but also an ecosystem:With data securely and immutably stored on the VeChainThor Blockchain, trusted third-party service providers are able to further utilize these data, creating novel services and products in new, collaborative ways. The enterprise clients who use VeChain ToolChain™ can reach third-party services in a more cost-effective way.

Sunny Lu: We can connect you to our service partners. For whatever you need, from advisory, assurance service or verification, we have the best of the best in the world.

VeChain ToolChain™ provides just the tool you need: VeChain ToolChain™ 4.0 introduces the Process Builder, which on-boards tailored-made business processes to customize the interactions with the VeChainThor blockchain to adapt different use cases scenarios based on various business requirements.

Sunny Lu: We put our experience in working with our existing partners into templates. You don’t need to come up with a plan, and you don’t need to do everything from scratch. You can use the template used by our big name partners, spend like 30 minutes to one hour deploying the application for your own business and products.

Process Builder creates value for both enterprises and their end-users: Through a simple drag-and-drop design, Process Builder can help enterprises to quickly sort out business processes and achieve the visualization of key data to stakeholders in accordance with their actual needs. Data visualization, which provides customers with accurate and relevant product information, will incredibly enhance the user experience in an interactive way.

Various amazing facts of VeChain ToolChain™ 4.0: By using VeChain ToolChainTM 4.0, enterprises and businesses are capable of defining self-service management portal, integrating 3rd party professional services, and customize their own landing page easily.

Upcoming Webinars Scheduled

The second episode will start at 22:00 (UTC+8) on May 12, 2020. Jerome Grilleres, General Manager, VeChain Europe is inviting Gabriele Manno, Head of Blockchain Solutions at DNV GL to reveal more details on sustainability product traceability practice powered by My Story™. They will also reveal more in depth details on the current and ongoing in-depth collaborative partnership between VeChain and DNV GL.



On May 13 20:00 (UTC+8), the third episode will be hosted by Sarah Nabaa, GM of VeChain SE Asia & Australasia, with the guest David Inderias, CEO & Co-Founder of Fresh Supply Co, to talk about blockchain technology in the food sector and VeChain’s involvement in the recently announced APAC Provenance Council.


Do not hesitate to join them! Remember, all webinar attendees will get the chance to have their questions answered live by our hosts and guests.

View all upcoming VeChain BootCamp schedules and Register at:
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