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VeChain Celebrates Major Milestone: Transactions with Walmart Exceed 200 Million

source-logo  cryptonews.net 30 January 2024 13:36, UTC

Through the innovative collaboration, VeChain has completed over 200 million transactions in partnership with Walmart, marking a significant achievement in integrating blockchain technology into the food supply chain. VeChain’s (VET) commitment to improving food safety and traceability is coupled with Walmart’s commitment to key sustainability goals and strict regulatory compliance.

The collaboration between VeChain and Walmart represents a paradigm shift in the way food is tracked, ensuring security and sustainability through innovative blockchain solutions. This milestone is not only a testament to VeChain’s technological prowess, but also a decisive step towards revolutionizing the entire production and delivery cycle.

The inherent features of blockchain, including scalability and security, play a key role in ensuring that every product registered on the VeChain network undergoes a transparent and secure cycle from production to delivery. As VeChain continues to bring blockchain applications to the food industry, this collaboration with Walmart is a beacon of progress.

Image: Vechain