A renowned and innovative SMEs rating agency, Early Metrics, has put VeChain among the fastest growing start-ups.
Early Metrics endorsed VeChain after examining and correlating the foundation’s major objectives with global standards. Early Metrics says it compared how VeChain feared in terms of market positioning, operational implementation, technical professionalism, development and growth logic with its widely accepted standard and concluded that the blockchain startup is fast-growing and birthing new ideas.
VeChain has succeeded in advancing the development of its proprietary technology even with the COVID-19 pandemic. As the deadly virus continues to ravage the world, VeChain keeps on receiving wide acceptance with the launch of different VeChain-based apps like E-HCert, My Care, and E-NewHealthLife.
E-HCert is an application ensuring the management and storage of Coronavirus real-time RT-PCRs and rapid test results. The application was developed in collaboration with I-Dante, and presently been used by Mediterranean Hospital in Cyprus.
Two other recent VeChain partnerships that are worth mentioning are the foundations’ collaborations with one of the world’s largest natural gas producers, Shanghai Gas, to build an “Energy-as-a-Service” ecosystem. The foundation also collaborated with Sarah Regensburg, a world-famous fashion brand, to track products along the value chain.
The aforementioned achievement by the VeChain foundation despite the COVID-19 pandemic has paved way for its endorsement by Early Metrics as one of the start-ups with most promising futures.
VeChain Powered E-HCert adopted by Visitors at Cyprus’ Largest Airport to avoid Quarantine
Also in a recent development the VeChain powered E-HCert, which was developed in collaboration with I-Dante, gained a huge adoption in Cyprus as visitors entering through Larcana Airport, the largest airport in the country, are making use of the health innovation to avoid government-enforced quarantine.
E-HCert has reportedly been downloaded by about 1,200 visitors off the Lacana airport to access their COVID-19 test results at the time NewsLogical first made the report.
VeChain-Based My Care Health Solution via DNV GL
As earlier reported by Newslogical, DNV GL deployed VeChain-based My Care solution to its maritime customers in a bid to properly manage the risk of infection during the Coronavirus pandemic.
The My Care solution combines best practices of risk management, Health and Safety Executive, healthcare and safety rating standard, and quality management systems of DNV GL.
A recent report by the DNV GL Head of corporate communications, Tomas Barrett, affirms that scanning the QR-code attached to My Care trust mark and storing the data on VeChain public chain to enhance trust and integrity, will offer friendly approaches to manage, mitigate the risk of infection, and give businesses more assurance to DNV GL’s maritime business partners during the COVID period.
VeChain Triumph in Germany
VeChain has been listed among the top 300 blockchains for supply chain management in Germany, this was contained in a recent study published by the German Federal office for Information Security (BSI). The study was aimed at evaluating the security and identifying possible application field of the 300 blockchains.
The BSI obtained a vision of the situation of each of the evaluated blockchain by considering its market relevancy, security, evaluability, and amount of security incidents.
Out of the 300 blockchains that were evaluated, the study recognized VeChain and 7 other blockchains. VeChain technology according to the study is similar to Ethereum and offers a wide range of practical applications. OriginTrail was also recognized in the report.
Some other blockchain that made the recognized list include EOS and EO, were recognized for permitting the development of decentralized applications and for having high market relevancy.
Corda also made the list and was described as a technology that could be used to build health-related applications if need be.
China-based Food Company Adopts Vechain to Serve 12.53 Million People
Meanwhile, in a recent development, a China-based Food Company, Yuhongtai Foods Co. Limited, announced the implementation of VeChain tool to enhance its customer satisfaction.
As reported by NewsLogical, the food company at present has more than 12 million customers in Shenzen city that are to be served using the VeChain ToolChain.
Also, Yuhongtai Foods considered adopting the VeChain’s ToolChain to strengthen its food traceability platform, expected to kick-off with the taking of premium pork products from Meijiada Fresh Foods, a food company with a chain of stores that produces and sells vegetables and fresh meat to the people of Shenzhen metropolis.