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VeChain’s Search Traffic Up by 500%

source-logo  newslogical.com 13 July 2020 14:10, UTC

VeChain is gaining much popularity and people are beginning to make findings of the digital currency on Google, data from Google Trend has established.

Based on the data, VeChain’s interest over time grew from 20 to 100, a growth of approximately 500%. The data is an indication of the increasing search for VeChain in the last 90 days.

Image Credit: Google Trend

Nothing is behind this other than the fact that during this COVID-19 period, VeChain innovated and partnered with different firms.

The blockchain company launched in partnership with I-Dante, applications geared towards reducing hardship during this period.

The two applications, E-HCert and E-NewHealthLife have been deployed by Cyprus-based Mediterranean hospital.

At the moment, immigrants entering into Cyprus through the country’s largest Airport, Larcana, make use of E-HCert, to record their COVID-19 status on the blockchain. Nothing less than 11 million passengers were hosted in both Larcana and Pafos Airports in 2019. Not long after the launch of the app, around 1200 passengers have downloaded the application.

In the same vein, the E-NewHealthLife designed in partnership with I-Dante is for record-keeping on the blockchain. As well, VeChain also designed CSecure purposely to monitor the clinical trials of drugs.

During the COVID-19 period as well, VeChain co-developed My Care with DNV GL. The application, which is dependent on the VeChain blockchain, has been deployed by ArcelorMittal’s UK Mayfair office to manage COVID-19 risk.

ArcelorMittal is one of the world’s largest steel manufacturers with 190,000 employees across 60 countries.

The My Care service, a hospital-standard risk management app, was launched in June 2020 to help firms reduce, manage, and access COVID-10 risks.

The app makes use of VeChain ToolChainTM BaaS Platform and was first deployed by Viking Line, a  company with around EUR 500 million yearly revenue. DNV GL which spearheads the adoption of the app has over 110,000 customers worldwide.

DNV GL is a longtime partner of VeChain. The two firms first launched My Story app for companies to track their goods from the production line to the consumer.

The app has been deployed by nothing less than three Italian wine companies to wage war counterfeiting.

The reason is that there are lots of counterfeit wines in the market. Recently, it was widespread that around 11,000 fake Marchesi Antinori wines were sold in Italy, Belgium, and Germany.

VeChain continues to see adoption from big firms through its outstanding use cases. The likes of PwC, Deloitte, BMW, and Walmart China make use of the blockchain technology and pay for the gas fee during transactions using VET token.

While these companies are not holding VET tokens themselves, they employ the services of an authorized agent to help them pay for the gas fee.

Meanwhile, Sunny Lu had recently said that the nature of the VeChain blockchain made Deloitte dump Ethereum for the ecosystem.

newslogical.com