VeChain have announced a new partnership with NTT Docomo, the biggest mobile phone network provider in Japan. The partnership will see the pairing of NTT Docomo and the VeChainThor project.
NTT Docomo are the biggest mobile phone network providers in Japan, supplying over 76 million customers with access to a mobile network across the country. NTT Docomo are partially owned by a government initiative, meaning that this will also see VeChain working alongside the Japanese authorities and NTT Docomo within the roll out of a brand new, ultra high speed 5G network in Japan. There are a number of other companies working alongside this project, including Sony and MUFG Bank.
An integration of VeChainThor within NTT Docomo will allow for a more transparent network service to be offered to all of NTT Docomo’s millions of customers. This will increase the amount of data offered to customers and will also help to improve the supply chain for smartphones in the country, with such a product being a major export of Japan, using the blockchain to improve the industry will have great cost saving advantages that too can also be reflected back into the experience of the customers. According to Finance Magnates, a spokesperson from NTT Docomo has said:
“Our goal is to enhance and enrich our current data services capacity within traceability, supply chain management, and smartphones for our users. With our ongoing effort to bring traceability use cases in Japan into our ecosystem, the 5G program will bring additional value to VeChain’s presence in the region.”
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Across Asia, VeChainThor are making more partnerships than we care to shake a stick at, this is sentiment to the hard work of the VeChainThor team and their vision of a blockchain-centric society that helps to vastly improve the lives of people on the Asian continent, and the rest of the world too.
This marks another exciting partnership that see’s a major firm sign up to be apart of the growing and developing VeChainThor project. This will bring huge benefits to customers of NTT Docomo in Japan and could also offer access to new, similar projects within other mobile network providers across Japan too.