New VeChain Partnership Against COVID-19

Due to the growing number of COVID-19 infections, the safety of the workplace is a top priority for enterprises in all sectors. To protect their employees and prevent the risk of infection, companies are introducing reliable solutions to ensure health safety at the workplace.

One example is the leading steel company ArcelorSteel, which implements the My Care application on the VeChain blockchain to manage the risk of COVID-19 infection among its staff. According to Statista, the steel giant has at least 190,000 employees in 60 offices. The collected infection data will be stored on the VeChainThor blockchain, which guarantees the security and reliability of information storage.

It is worth noting that VeChain reached a record high during the trading session on July 3. The blockchain asset has skyrocketed. Its annual growth amounted to 85 percent. According to the world famous rating agency, VeChain is one of the fastest growing startups. The agency also praised the startup’s growth logic, its market position and operational implementation.

Image courtesy of Business Standard