A Look Back On VeChain’s Partnerships

The VeChain platform was created with the idea to improve the management of the supply chain process by enabling retailers and consumers to determine if the products that they purchase are legitimate and have good quality. The service has made several big partnerships with companies and enterprises who are using its blockchain solution. And so today, we’re going to go through some of VeChain’s partnerships and the key information about each one.

BitOcean

This partner of VeChain is in the financial services industry who have been together since December 2017. BitOcean is a manufacturer for ATM which allows users to purchase and sell cryptocurrencies. The company’s partnership with VeCahin enables users to buy and sell VET tokens using physical ATMs installing both China and Japan.

National Research Consulting Center

NRCC is in the consulting industry and has been with VeChain since May 2017. The company offers management, standard and IT consulting and is based in China. NRCC specialises in helping develop domestic businesses achieve professional status or organisation which are looking at global standards and go aheads. On top of all this, NRCC has over 1000 long-term enterprises clients, many of which are included in the Fortune Global 1000.

Renault

Renault is one of the biggest car manufacturers in the world with a revenue of $67 billion and has been partnered with VeChain since July 2017.

Groupe Renault is a global automobile manufacturer and is headquartered in France. The carmaker became the ninth biggest automaker in the world by production volume in 2016.

Whilst in collaboration with both Viseo and Microsoft, VeChain developed a digital car maintenance book which can’t be edited.

Kuehne & Nagel

One of the biggest international supply chain and logistics firm is Kuehne & Nagel is responsible for around 15 percent of the globes air and sea freight business (in revenue terms). The firm has more than 1330 offices across 109 companies and employs nearly 80,000 people.

In addition to this, China implemented VeChain’s blockchain technology to smartify parcels and assets to allow customers to track their parcels in a transparent way.

These are just a few of the biggest partnerships with VeChain. Other firms which have teamed up with the business include Direct Imported Goods, PriceWaterhouseCoopers, DNV GL and Fanghuawang.

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