VeChain (VET) has been adopted in over 2.2 million state-of-the-art hotels across the globe, a partnership with Travala, a crypto-dependent booking platform, made this possible.
Today, VeChain announced the alliance and made it clear that VET can be used in more than 2,200,000 hotels and homes in over 80,000 destinations globally.
The hotels and homes are in 230 countries. VeChain is entering the vacation rental market, a sector of the economy projected to reach USD $114 billion by 2027. Now, VET will be used as smart money in every hotel that allows bookings through Travala.
Speaking on the development, the co-founder and CEO at VeChain, Sunny Lu, said the collaboration is a sign VeChain is not departing the path of “accumulating real-world applications and client base.”
He said VeChain is working on having partnerships that cut across a diverse list of industries purposely to increase the adoption of blockchain technology.
Juan Otero, CEO at Travala.com, in his message, mentioned that the company is always not relenting in expanding valuable options for its esteemed customers.
Through the partnership with platforms like VeChain, Travala continues to push for the growth of digital currency, he said, stating further that the firm is giving its users the advantage to access VeChain’s outstanding, fast, and user-friendly payment execution.
Travala has a wide range of partnerships. The firm also has links with 600 airlines across the world, meaning anyone willing to book flights can do with VET on the Travala platform.
Besides VET, Travala also supports more than 30 top digital currencies coupled with the platform’s support for other means of payments.
VeChain’s chain of partners is increasing day by day. The firm has partnered with DNV GL, Deloitte, Walmart China, BMW, PICC, H&M, and a host of other top firms. Also, a number of top companies and institutions around the world are using VeChain-based solution for data management during their operation due to the transparency and immutability offered by the blockchain technology.
VeChain (VET) Partners Grant Thornton Cyprus
NewsLogical reported that VeChain partnered with Grant Thornton Cyprus, one of the world’s largest professional services network of independent accounting and consulting companies. Grant Thornton Cyprus is going to be onboarding big firms in the logistic, food, and pharmaceutical industries into the VeChain blockchain network.
With a presence in more than 135 countries, Grant Thornton Blockchain Cyprus is to make use of VeChain’s Toolchain for sustainable and reliable dealings.
VeChain’s traceability solution is being deployed by firms globally. Already, Walmart China, DNV GL, and many others are using the traceability solution to battle counterfeit products in the market. In Italy, winemakers deploy the solution to confirm to customers that their products are unique and of good quality.
