VeChain Partners With DHL To Issue Corporate NFTs

The popular enterprise blockchain project VeChain announced a new partnership agreement with the world's largest logistics company DHL to issue non-fungible tokens (NFT) on the VeChainThor blockchain. The partnership with DHL China will enable customers to customize the DHL logo and then create it as an NFT in the VeChainThor blockchain solution.

In October 2018, DHL's Asia Pacific Innovation Center (APIC) in Singapore announced the addition of VeChain to its list of partners. Since then, the launch of the blockchain solution has been in line for further cooperation with the logistics company. VeChain has also partnered with Ubique Tag, a global leader in providing professional RFID products and solutions, with a tracking mechanism to combat large-scale counterfeiting of spirits and alcohol.

Since the inception of blockchain technology, various industries have adopted this technology as a record-keeping solution. For example, India has adopted blockchain technology in the tea industry as a means to maintain and ensure traceability of tea in the country.

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