cryptonews.net
According to a recent tweet, VeChain and TruTrace have officially announced the list of sectors they will include in the blockchain network. According to the announcement, the platform will bring together TruTrace's legal cannabis, food, fashion and pharmaceutical businesses. The agreement with VeChain will lead to blockchain integration in all areas of the SaaS platform.
The direct link between TruTrace and VeChain ToolChain, according to the VeChain Foundation, will allow TruTrace to provide businesses seeking quality and authenticity with a seamless and fast way to start using blockchain in their operations without costly investments in infrastructure or digital currency management.
Prior to this announcement, the two companies collaborated late last month to expand blockchain adoption. Blockchain is being used in a variety of sectors outside of banking, including music, diamond mining, and real estate. The main advantage of the technology is how the use of blockchain in certain industries helps increase transparency.
Image: Medium