Deep Dive into VeChain Partners and Collaborations
We will be taking a deep dive into VeChain Partners and connections from “5th edition VeChain Connection Chart” by @ArtistVechain. In future articles we hope to provide you with information including, but not limited to, each companies unique relationship with VeChain, how they use VeChainThor Blockchain, their impressions so far, benefits realized, outlook for the future of their relationship with VeChain, room for improvement.
Each connection will be updated below as I complete my research, make sure to subscribe to stay up to date...
VeChain Industry Articles
VeChain Partners and Collaborations
The greatest partner of VeChain. Building multiple different applications on VeChainThor (MyStory, VeTrust, Tag. Trace. Trust., etc.) serving multi-industries clients. DNV will continue to work with VeChain to build more and serve more.
DNV is one of the world’s largest risk management and quality assurance companies. DNV’s Approval of Manufacturers (AoM) confirms that a company has been found in compliance with international standards, regulations and DNV standards.
- My Care
- VeTrust – VeTrust Adopted By Local Chinese Government, Helping 300k+ Citizens Return To Normalcy, Deepening VeChain’s Role In The Public Health Sector
One of the Big Four auditors worldwide. IBM, Ford, Dell, Cisco and 3M are some of its largest clients, with PwC providing its auditing services to 400+ out of the Fortune 500 companies.
According to Raymund Chao who is the Chairman of PwC Greater China, “Embracing advanced technology for growth becomes the top priority for many business sectors. Innovative applications and solutions could improve the effectiveness of supply chain, brand reputation, and even customer experience.”
He also mentioned that the two entities “are excited about the joint initiative between PwC and VeChain and the services we provide that could help our clients achieve greater success. I envisage our services will create an impact and deliver on our firm’s purpose of building trust in society and solve important problems”.
Walmart, the largest physical retailer, is ranked number 8 in the Gartner 2021 Top 25 Supply Chain Companies; up from #11 in 2020 and #14 in 2019 (the year they established the Walmart China Blockchain Traceability Platform). After only one year of implementing the traceability platform, Walmart China rolled out Safe Food Traceability to Sam’s Club, Walmarts sister company. This speaks volumes coming from such a large, efficient company. With over 11,000 stores and 75 million products, what else could be in the works?
VeChain announced Sam’s Club China, owned by Walmart China, will be rolling out Sam’s Club Blockchain Safe Food Traceability Platform. Using VeChain’s technology combined with cold-chain IoT and a variety of traditional software and hardware sensors, all stakeholders in the supply chain process are able to upload key logistics and manufacturing data immutably onto the VeChainThor public blockchain.
“Bayer selected VeChain as tech provider for CSecure, the new blockchain-powered solution that will allow it to track clinical drugs along the entire supply chain.”
August 17, 2020 Announced partnership with @GrantThortonCY. Combining Grant Thorton’s professional consultancy & VeChain’s tech, the partnership will open doors to thousands of companies looking to integrate advanced blockchain solutions. December 15, 2020 it was announced Grant Thorton Cyprus official becomes one of the 101 Authority Masternodes of VeChainThor blockchain.
Yida is one of China’s biggest real estate developers, focussed on developing industrial parks and smart cities, next to residential districts and shopping outlets.
VeChain is helping Yida to implement its blockchain technology in its current technology portfolio used in projects like energy management, renewable energy, smart grids, green buildings and smart medial facilities.
Shanghai Gas Group is a China based company that produces, distributes and sells natural gas and liquefied gas.
The company is using VeChain ToolChain to track the delivery information and LNG quality on the VeChainThor blockchain. The solution significantly eliminates information barriers in the supply chain, contributing to a transparent product process, and provides a reliable database for LNG risk management.
NRCC is a top tier management, standard and IT consulting company based in China. NRCC specializes in the professional development of domestic companies, or organizations, that actively seek international standards and approvals. NRCC serves more than 1000 long-term enterprises clients, many of which are part of the Fortune Global 1000.
Together with NRCC, VeChain has developed and implemented anti-counterfeiting technology for the China National Tobacco Corporation.
Shu Youxing, President of BYD Automotive Intelligent Ecological Research Institute, commented “This technology not only improves our current offering but allows us to create completely new markets. The unique aspects that VeChain provide will empower carbon monitoring development and sustainable ecosystems. This solution is a glimpse into what we think we can achieve through this partnership.”
BYD is the world’s largest manufacturer of electric vehicles and batteries, and the global leader in battery-electric buses. BYD is also an industry leader in several other high-tech sectors, including high-efficiency automobiles, medium- and heavy-duty trucks, electric forklifts, SkyRail, energy storage and solar power generation.
Haier is the biggest worldwide producer of consumer home appliances, having a market share of around 10% worldwide. Haier is most known for its fridges, freezers and washing machines.
On april 1st, 2019, VeChain, DNV GL and Haier signed a tripartite partnership to deploy My Story in the clothing industry. Haier plans to use blockchain and IoT technology in all applicable use cases within the lifecycle of clothing and clothing management. For example, haier’s Energy Efficient washing machines will join the carbon credits ecosystem, while anti-counterfeiting solutions will be used in the apparel enterprises Haier owns.
BitOcean provides an ATM based solution for buying and selling cryptocurrencies. BiOcean is one of the first cryptocurrency exchanges to become fully licensed by Japan’s Financial Services Authority (FSA). The goal of Bitocean is to create a global network of ATM’s where users can exchange fiat for cryptocurrencies.
BitOcean will work together with VeChain to allow users to buy and sell VET using physical ATMs, starting in Japan and China.
Gui’an New Area is an economic-development zone directly controlled by the Central Chinese Government. This area has been mandated to become the center of high-tech industries in West-China, with focus on Big Data, Blockchain and Cloud Computing. Some of the companies that will launch operations in the Gui’an New Area are China Mobile, Microsoft, Apple, IBM, Huawei, Tencent and Foxcom.
The new Zone will become a test zone for utilizing high and innovative technologies to help improve the efficiency of the Chinese government. VeChain is mandated to be the blockchain technology partner of the government to plan, design and implement blockchain powered processes for the government of the Gui’an New Area.
D.I.G is a government-owned wine importer, responsible for over 30% of China’s wine imports. D.I.G. is owned by the Shanghai Waigaoqiao Free Trade Zone Development subsidiary and hopes to eventually become one of China’s biggest distribution channels for imported physical items.
An estimated 30,000 counterfeit wine bottles are sold every hour in China. VeChain will be tasked to authenticate and trace winery data from the producers, through the supply chain and eventually to the consumer using smart NFC chips in the wine bottles, to stop this counterfeiting market.
China Unicom (Chinese: 中国联通) is a Chinese state-owned telecommunications operator. China Unicom is the world’s fourth-largest mobile service provider by subscriber base. The company has over 125 million GSM subscribers and 43 million CDMA subscribers as of 2008.
VeChain has signed a partnership, poetically called “the Unicom cloud ecological strategic cooperation agreement” with China Unicom. Vechain’s role in the partnership will be to develop and help the state-owned enterprise within its business processes. Using BaaS (Blockchain as a Service) VeChain will help China Unicom improve the efficiency of its supply chain management.
Kuehne + Nagel is the worlds largest global freight forwarder, accounting for nearly 15% of the world’s air and sea freight business by revenue. K+H has 1336 offices spread out across 109 companies and has 75,000+ employees.
Kuehne + Nagel China will use Vechain’s blockchain technology to smartify parcels and assets, especially luxury goods, by furnishing them with a chip containing a private key that reflects ownership information on the blockchain.
DB Schenker is a division of the German rail operator Deutsche Bahn AG that focuses on logistics. DB Schenker comprises a logistics division encompassing air, land, and sea freight, and a rail division made up from European rail freight companies.
In China, DB Schenker has over 5700 employees and operates out of the 60 key cities across the country. In China, DB Schenker is collaborating with many third-party logistics providers to offer solutions across China. Together with VeChain, DB Schenker has built a supplier evaluation system on the VeChainThor platform. This will allow DB Schenker to evaluate the performance of the third-parties they work with.
LVMH Moët Hennessy Louis Vuitton, also known as LVMH, is a French multinational luxury goods conglomerate. LVMH has around 60 daughter companies under its wings, that each manages a small number of prestigious brands. Some of the famous brands are Dom Pérignon, Dior, Givenchy, Louis Vuitton, Marc Jacobs and TAG Heuer.
Sunny Lu, CEO of VeChain, was the previous Chief Information Officer (CIO) at Louis Vuitton China.
VeChain is currently working with multiple LVMH brands to integrate blockchain and IOT technology into their projects. One example of this is Givenchy bags equipped with VeChain chips so users can verify if the handbags are genuine or fake.
Fanghuwang is focused on providing property mortgage loans to Small and medium enterprises in China. Fanghuwang utilizes cloud computing and big data analysis technology to provide high quality, efficient risk control services and property mortgage loans.
Together with VeChain, Fanghuwang will develop solutions to improve data collection, storage and shareability. To improve the quality of the data available well making financial decisions, reducing the risk and lowering costs.
iTaotaoke is a company that aims to provide an open platform where both self-publishers and content providers can build their knowledge sharing workshops as well as monetizes their content.
iTaotaoke utilizes VeChain’s blockchain technology to digitally identify every piece of content or media created on the platform. Safeguarding and securing intellectual property rights of their entire user base. This partnership enables the iTaotaoke team and application to establish their reputation among the market and win the trust of their users utilizing IP protection services and tools that no other provider is able to mimic.
LogSafer is a leading supply chain risk management and a major logistics insurance platform in China with over 2,500 corporate clients. It is the largest cross-border supply chain risk management and control platform in China.
LogSafer will adopt VeChain’s blockchain technology to collect real-time data of shipped goods, allowing for better risk control, instant compensation, while increasing efficiency by lowering the paper load.
Shanghai eGrid Consulting provide data services to large enterprises both domestic and overseas, including international companies, and state-owned enterprises. The company focusses on manufacturing and the automobile industry, with their clientele including SAIC Volkswagen Automotive Co., Ltd., BYD Auto Co., Ltd. and SAIC General Motors Corporation Limited.
In this partnership, eGrid will leverage the nature of immutable, secured data storage and distribution of blockchain technology, and integrate VeChain’s existing automobile solution into their current ERP, SCM, and CRM solution for existing and future clients.
NTT Docomo is the largest telecommunication company in Japan. It is the fourth largest public company in Japan and services over 53 million customers (over half of Japan’s cellular market).
VeChain has been selected by NTT Docomo as a partner in the Docomo 5G Open Partner Program. In this program, both companies will work together to prepare for 5G technology which will become available in 2020. Which will offer additional benefits for IoT technology.
The Peoples Insurance Company of China is a state-owned company located in China and one of the biggest insurers in China. One of its subsidiaries, the PICC Property and Casualty Company, is China’s largest issuer of casualty insurance. Next to this, the company focusses on other major insurance categories like motor vehicle insurance and (commercial) property insurance.
PICC will use VeChain’s blockchain technology to bring a digital transformation to their processes. It will use blockchain technology to reduce turnaround time and prevent frauds using efficient data collection and storage.
Mark Ong, better known as Mr. Sabotage is a famous Singapore based sneaker artist. He creates custom sneaker designs for iconic sneakers from Nike, Reebok and Puma. Lot’s of celebrities like Mike Shinoda (Linkin Park) and basketball star Kobe Bryant are regular customers.
SBTG has implemented VeChain technology in it’s latest collection called the shoe of the future. By embedding VeChain’s NFC chip inside the shoes, buyers can check for their authenticity and get more information about the shoe from it’s creator.
ENN is one of the largest clean energy distributors in China. Founded in 1992, the company now has more than 400 wholly-owned companies and branches and it services over 16 million users in 17 of the 34 Chinese provinces.
ENN has announced that, together with the Shanghai Gas Group and VeChain, they are working on an LNG management solution. Blockchain and IoT technology will be used to manage the quality assurance process including classification standards, weighing practices, and transportation process for the different types of natural gas.
Norway In a Box has moved beyond the innovation lab with blockchain. They were among the first to use blockchain in real-world supply chain of seafood and were the first to export norwegian seafood using blockchain technology to secure traceability, documentation, temperature and transparency. Their NiBchain™ system was implemented in the Norway in a Box ecosystem, early 2019 and have boosted our ability to gain trust and establish a unique way of communicating with our customers.
VeChain welcomes Michigan State University as the first VeResearch partner for EdgeChain. Michigan State, the #1 supply chain management university in the United States, has produced intensive research and documentation on its continued development of Mobile Edge Computing (MEC) integration into VeChainThor.
With the purpose of supporting the #blockchain industry, #VeChain and the University of Oxford releases AlphaBlock – our joint research paper on blockchain consensus. The proposed framework will be a powerful tool for both #academia & real-world use.
COS launched a traceability pilot with blockchain company VeChain to trace and share the production journey of a recycled wool sweater. Customers were able to scan a QR code for traceability information.
In November 2018, Bright Code, a localized version of My Story™ alongside Bright Foods, was introduced at CIIE. Bright Code utilizes the technology provided by VeChain to build a consumer confidence index. BrightCode is the Second Largest China-based food manufacturing company.
Seeing the disconnect between all of the benefits high-quality seafood offers and the general mistrust consumers felt towards cooking and eating it, Knowseafood created a better way to buy seafood. Using “Vechain” our blockchain provider, and our StoryBird Technology we keep you up-to-date on our transparent process from before you even order your seafood to when you open your box.
FoodGates is the world’s first intercontinental food solution built fully powered by a public blockchain with verified and certified information of the full lifecycle of products being tracked. The platform can provide granular insights such as cow selection, slaughtering processes, packaging and cross-continental shipping, all the way to restaurants and customers.
Powered by VeChain ToolChain™, the StoryBird application collects and uploads authentic product information onto the VeChainThor Blockchain, which enables all stakeholders in the trade, including the farmers, processors, added-value parties, e-commerce platforms, buyers and end consumers to validate product origin and trace logistics of delivery.
As of 6/19/2021 there are 442 organizations on their Producers Market. These producers range from locations such as Brazil, Canada, Chile, Columbia, Greece, United States, Sweden, Italy, South Africa, Mexico, India, Jamaica, Cyprus, El Salvador, and many others. Products range from Hot Sauce, Olive Oil, Wine, Whole Coffee Beans, Ginger, Pasta, Honey, Dried Fruit & Nuts, Mushrooms, Chocolate, Essential Oils, Textiles, and many others.
L28 Blockchain takes supply chain transparency to a whole new level, merging the digital and the physical, phygital, world and recording a products journey from paddock to plate.
Developed on the one-stop VeChain BaaS platform, and coupled with verification service provided by DNV, a world-leading certification body, the Solution ensures that L28 products are manufactured in accordance with the high standards set by the producer, thus optimizing supply-chain management and guaranteeing product quality.
Baije Teng Technology is a developer and producer of printed RFID tags that can easily be torn and destroyed, making them usefull for anti-counterfeiting label applications.
VeChain and Baijie Teng are now exploring how graphene technology and blockchain can be combined for anti-counterfeit purposes.
BIOS Middle East is the UAE’s leading Managed Cloud Service Provider. The company was founded in 2002 and currently services over 300 companies.
BIOS Middle East is integrating its own Security-as-a-Service offering, known as BIOS Secured on the VeChain blockchain. This will allow for significant events to be encrypted and registered to the blockchain so that they are non-reputable, eliminating the possibility of bad actors changing logs.
Reebonz is one of the most established online luxury sales companies in Southeast Asia. With over 1.000 brands and 172 boutiques, Reebonz makes luxury accessible to the mass using its online marketplace and platform.
Reebonz plans to develop a digital tag that will enable the development of upstream and downstream supply chain assurance to allow product traceability, supply chain planning, product management, and proof of ownership leveraging VeChain’s IoT and blockchain technology.
Fashion for Good is an Innovation Platform focused on scaling up new technologies in the Fashion industry to increase the sustainability of the industry and its products. Fashion for Good’s programmes are supported by founding partner C&A, Adidas, Target and Zalando.
Fashion for Good is exploring how Vechain’s Tagging systems can used to connect physical products with the digital world, facilitating transparency throughout the supply chain and product lifecycle.
Located in Shizuoka, Japan, one of the most famous locations for Japanese tea, Fuji MARUMO Tea Garden has a history over 90 years.
Fuji MARUMO Tea’a customers are able to verify the origin of their tea products by using a smartphone to read the NFC chips embedded on the package.
Heeding the call of the Chinese Central Government on product traceability, Mengku Rongshi and Linova chose to collaborate with VeChain and its channel partner Yunlian to co-develop the Yunnan Pu’er Tea Traceability Platform based on the BaaS platform VeChain ToolChain™ to tackle this long-existing and multi-billion dollar problem.
With VeChain’s technology, tea producers and stakeholders stand to gain from the increased efficiency and productivity delivered in all stages of production, both in the supply chain as well in traceability efforts, strengthening the domestic and international presence of the Chinese tea industry.
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.
Meijiada Fresh Foods is a chain of stores based in Shenzhen which specializes in the fresh meat and vegetable market. With a population of more than 12.53 million and a GDP per capita of more than $29,217, Shenzhen is widely regarded as the most advanced technological hub of China, and one of the frontline
De Cecco, the 3rd largest pasta manufacturer in the world is now powered by DNV GL’s My Care and #VeChain ToolChain! De Cecco is the first Italian Agri-food company to be on board. ToolChain continues to prove itself ready for #blockchain mass adoption.
By adhering to the My Care methodology, De Cecco is able to identify strengths and opportunities for improvement related to the processes and activities for the prevention of COVID-19 risk and infection. The beneficiaries of this include the pasta factories of Fara San Martino and Ortona, the olive oil mills, and the business centre in Pescara.
ENN Energy Holdings Limited, one of the largest energy service providers in China, was invited to speak about how the VeChainThor Blockchain has brought real value to their business.
Daniel has chosen VeChain as the blockchain of choice in a sample enterprise adoption case & successfully connected #VeChain ToolChain with Salesforce!
Integrating Salesforce with Public Blockchains – Part 1: VeChainThor, April 8 2021 on LinkedIn.
Harrell Eyewear is more than just a frame, our brand stands amongst some of the very best in our industry. Every frame is designed with a customer first approach. Each frame is hand crafted in Japan and takes more than 1,000 man hours from start to finish. There is roughly 200 steps to produce just one Harrell Eyewear frame. After the frame is completed, it goes through a rigorous quality control process. The whole process is then recorded on blockchain (VeChain) for 100 percent transparency and authenticity. This is available for each frame sold. What does this mean for you? With just a scan of a QR code, you can follow the entire journey of your eyewear all the way to your hands. “We have nothing to hide when it comes to quality” the moment you put a Harrell Eyewear frame on, you will feel what the very best feels like.
London based conscious luxury fashion label.
MadeforGoods will share their experience on how the VeChainThor blockchain is leveraged to empower their business.
VeChain is participating in the BMW Startup Garage programme. As a Venture Client, the BMW Group becomes a customer of the start-up at a time when the product, technology or service is not yet ready for the market.
The BMW Startup Garage is a startup’s gateway into the multi trillion dollar automotive industry. We are looking to partner and become the early adopting venture client of top startups that can make a difference to innovation @ the BMW Group.
The garage program is your fast track into the automotive industry. It allows you to validate your solution, learn about the automotive industry and network with key decision makers.
The partnership between Groupe Renault and VeChain will enable a wide variety of applications for Groupe Renault apart from keeping maintenance book records for vehicles.
As Ellie Elbaz (director of digital and connected vehicles at Groupe Renault) mentioned in an announcement by Groupe Renault, “This digital car maintenance book will enable us to provide our customers with new services in an ecosystem alongside insurers and dealers. Blockchain technology is able to create a reliable trust protocol”
He also added that the VeChain Blockchain technology “will be a major step forward for connected vehicles and the micro-transactions and security requirements associated with them.”
VeChain is a recognized potential Blockchain partner.
VeChain joined in July of 2021. Climate Chain Coalition is a global project advancing climate solutions that collaborates closely with the UNFCCC and the World Bank Group! PwC is also a member.
Starting today, 7/9/2021, VeChain holders will be able to spend their tokens on Shopping.io’s E-commerce platform and make Amazon (US, UK, CA, DE, FR, IT and ES), Ebay, Walmart and Etsy purchases using them.
$VET token holders will also receive a 2% discount on all items when they use $VET to make purchases for two weeks starting from July 9th, 2021.
Trade $USDC with $VET pairs now, as of July 2021.
Sign up today, Crypto.com Referral Code: r2yn592ghy
VeChain the sole public blockchain provider for the China Animal Health And Food Safety Alliance (CAFA)
Established in 2009, CAFA focuses closely on animal health and food safety issues as well as solving major technical problems and bottlenecks involved throughout the industry chain. Members of CAFA include scientific research institutes, industry associations, aquaculture enterprises, testing and certification enterprises, veterinary medicine enterprises, consulting enterprises, catering enterprises and supermarkets. The alliance is committed to providing consumers with safe, high quality and healthy animal source foods.Website:www.cafa.org.cn
… and many more