Popular blockchain platform VeChain has announced that it has agreed to a collaborative partnership with leading crypto digital media firm Cointelegraph.
According to a comprehensive release posted on its medium page, VeChain foundation revealed that the partnership was geared towards taking its blockchain services to greater heights.
According to the terms of the partnership, Cointelegraph would collaborate with VeChain on different levels. One of which is that the media platform would co-brand industry reports on Vechain blockchain adoption.
In addition, Coin Telegraph would organize enterprise-level events globally in which VeChain will be able to leverage for maximum exposure to its blockchain.
Coin Telegraph would also gain as VeChain team would provide technical and development services to the media giant.
As a partner of VeChain, Cointelegraph Consulting will directly recommend their enterprise clients and partners to use and integrate VeChain’s enterprise blockchain solutions as they see fit to leverage the full potential of the VeChainThor public blockchain.
Coin Telegraph would also benefit from the deployment of Vechain solutions like VeChain ToolChain and DNV GL My Story which would improve the digital media reach.
This partnership will massively accelerate and simplify the adoption and integration of blockchain technology amongst Cointelegraph Consulting’s clients and partners, all while expanding the worldwide presence of the VeChainThor Blockchain.
This partnership looks like an excellent one for VeChain as CoinTelegraph is arguably the biggest blockchain media platform with over 1.2 million followers on various social networks. The media platform which was launched in 2013 is regarded as one of the most popular within the crypto community.
Vechain would certainly enjoy massive benefits with the partnership in its drive towards adoption within the blockchain community. This partnership continues the spate of collaboration that the VeChain has embarked on in 2019.
Earlier in the year Vechain announced its partnership with major car manufacturer Jaguar and also extended its My Story solutions to three major wine manufacturers in Italy. It would be interesting to see how this partnership develops in the coming days. The initial reception from the crypto community has been positive about the news which is a good development for VeChain.