One of the world’s largest steel manufacturing firms ArcelorMittal has adopted VeChain-based My Care, DNV GL has announced. My Care application is to be used in ArcelorMittal’s UK Mayfair office, and the application will help the company manage its infectious risk.
DNV GL says ArcelorMittal’s UK Mayfair office has successfully achieved a positive readiness assessment against My Care methodology.
The Luxemburg headquartered steel manufacturing company has nothing less than 190,000 employees across 60 countries
About VeChain-Based DNV GL’s My Care
Mid-June 2020, DNV GL announced the launch of My Care, a hospital-standard VeChain-based infection risk management app to help companies worldwide mitigate, manage, and access COVID-19 risk.
The worthwhile idea by DNV GL is based on VeChain’s blockchain technology. The idea is to be majorly supported by the VeChain ToolChainTM BaaS Platform.
On its launch, Viking Line, a publicly-traded company with yearly revenue of approximately EUR 500 million, was the first to adopt the innovation.
Now, ArcelorMittal, is joining the train of firms adopting DNV GL’s My Care. Approximately 110,000 customers has DNV GL, being one of the largest assurance companies in the world.
The use of VeChain ToolChainTM has birthed diverse ideas. In May 2019, DNV GL launched My Story, a blockchain-based assurance solution centered on tracking goods in the supply chain industry.
My Story is aimed at tracking the product cycle from the manufacturer to the final consumer. The innovation, powered by VeChain, is already gaining big adoption.
My Story is being used by three Italian wine companies to battle counterfeits. The three Italian companies, Ricci Curbastro, Ruffino Wines, and West Wind Wines, became the first to adopt the blockchain-powered application.
Already, there are lots of fake Italian wines. For example, around 11,000 fake Marchesi Antinori wines were sold In Germany, Belgium, and Italy at some point in time.
VeChain During COVID-19 Time
VeChain has performed excellently during this COVID-19 pandemic. The blockchain firm launched E-HCert and E-NewHealthLife for the Cyprus-based Mediterranean hospital.
While the products are being launched to reduce hardship during this COVID-19 period, VeChain’s E-HCert was adopted by visitors entering Cyprus through the country’s largest Airport, Larcana. The airport alongside Pafos saw over 11 million passengers in 2019.
Now, visitors entering the country through Larcana avoid quarantine by adopting VeChain’s E-HCert, an application co-designed in partnership with I-Dante.
Few days after launch, nothing less than 1200 people entering Cyprus through Larcana Airport have downloaded the app.
Also, VeChain and I-Dante also designed E-NewHealthLife for the Mediterranean hospital for a privacy-focused record-keeping on the blockchain.
As well, VeChain also designed CSecure purposely to monitor the clinical trials of drugs.