VeChain Attended The Capital 2019 and Showcased Limited Edition Artworks Powered by VeChain ToolChain In Collaboration With CoinMarketCap

2019-11-13 11:21
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Singapore, November 13- VeChain attended The Capital 2019 held by CoinMarketCap from November 12 to 13 in Singapore. All 100 pieces of limited edition series of The Capital Artworks, powered by VeChain ToolChain™, were showcased and bestowed on VIP speakers.

As the first-ever event initiated by CoinMarketCap, the most-visited cryptocurrency information website with over 3.6 billion sessions and 125 million active users around the world, The Capital 2019 intends to gather stakeholders in all segments of crypto world, including startups, enterprises, academy etc. to have vibrant conversations around blockchain. Positioning itself as the enabler for blockchain adoption, VeChain attended the event to connect with global minds in the industry.

Sunny Lu, co-founder & CEO at VeChain, delivered a keynote speech at the conference stating that, “VeChain aims to exploit the massively untapped business world and generate long-term network effect and value creation by blockchain technology, making VeChainThor Blockchain the most valuable public blockchain for enterprises. As a one-stop comprehensive blockchain solution, VeChain ToolChain™ enables enterprises to effortlessly integrate data and assets with blockchain to enhance collaboration with external parties and add value to its business, which is the major positive attribute for us to achieve the vision in the future.”

On this occasion, VeChain has partnered CoinMarketCap to showcase the ease of use of VeChain ToolChain™. This collaboration involves the introduction of a limited edition series of artwork created by CoinMarketCap especially for VIP participants of The Capital 2019, bringing meaningful impact and awareness for the application of blockchain in the art world and industry, which ultimately would increase the mutual trust between vendors and buyers.

Each respectively embedded with an NFC chip, the artworks are ensured in authenticity and traceability due to the immutable nature of blockchain technology. Once the VIP recipients of the artwork scans the NFC chip using a smartphone, not only can they inspect written details about the artwork uploaded onto the VeChainThor Blockchain, but also find their own pre-registered names for ownership verification appearing on the customized information page.

Spencer Yang, Head of Special Projects at CoinMarketCap, mentioned in his speech that, “The Capital is established to examine the wide-ranging compliance of cryptocurrencies and blockchain. Meanwhile, featuring unique friendly development toolsets, VeChain is dedicated to promote mass adoption of blockchain technology, which perfectly fits our rationale of partnership criteria. This series of limited edition of artworks is a novelty presented for speakers, and a brand-new use case for VeChain ToolChain™.”

On November 11, VeChain also co-hosted The Capital Warm-up Party with CoinMarketCap and OceanEx, gathering over 500 attendees from all over the world. Supported by the industry-leading media such as Crypto Briefing, ChainNews, and Blocks.Tech, the party provided exclusive and premium networking opportunities within blockchain industry.

The VeChainThor Blockchain and VeChain ToolChain™ has been driving tangible business outcomes in various fields, delivering the integration and implementation of blockchain technology in various enterprise partners such as Walmart China, H&M and LVMH, with proven use cases in industries such as supply chain, fashion, LNG, logistics and more. This collaboration between VeChain and CoinMarketCap shows further potential of applying blockchain technology in the artwork industry.

About The Capital

CoinMarketCap is organizing its inaugural global event, “The Capital” on 12–13 November 2019, in Singapore. As a fully-remote company with no office anywhere in the world, CMC are creating The Capital for all users, partners and stakeholders to gather in a different place each year — and creating a space where the agenda isn’t one governed by a single constituent, but one made by the leaders of projects (representatives) and the community of investors and enthusiasts (citizens).

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About VeChain

Launched in 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain has evolved into a PoA based public blockchain platform with balanced governance and economic model. As the ecosystem enabler, VeChain has been dedicated to empowering builders. VeChain provides commercial blockchain-as-a-service solutions, off- the-shelf blockchain applications, IoT devices and turnkey solutions on the public blockchain infrastructure and enabled its partners to create business value with the blockchain technology.

Through years of efforts, VeChainThor Blockchain-based business applications have now been adopted by major corporations for day to day operation and added value to their businesses. Together with its strategic partners, PwC and DNV GL, VeChain has collaborated with world-leading enterprises from large industries including Walmart China, BMW, BYD Auto, PICC, H&M, LVMH, ENN Haier, AWS, etc.

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