newslogical.com
The next-generation video platform Yangshipin has added VeChain’s Video Playlist to its own platform.
Now users of the 5G service, headed by China Media Group, will be able to learn more about the blockchain platform.
At the moment, Yangshipin’s audience is a little less than 100 million. Thus, VeChain will gain more adoption among Chinese businesses and citizens.
Especially, this is a live issue when the Chinese regulators are very strict on private cryptocurrencies. However, the VeChain blockchain project still has a place to be in this country.
In turn, the Yangshipin service offers users a series of Vechain’s videos for viewing. Each of these discusses the various cases of using the VeChain blockchain, as well as businesses with partner companies.
Source: Yangshipin.cn
Such interaction will help VeChain to become a more famous brand in the world. At the same time, the Chinese can learn more about the innovative opportunities available through blockchain platform solutions.
VeChain Features
The VeChain cryptocurrency platform is a project that was originally exclusively focused on the supply chain.
However, many different capabilities were introduced that allow not only to verify the uniqueness and authenticity of any product but also to trace its path, from the materials of manufacture and the place where it was produced.
This is possible due to a Vechain’s hot team. VeChain is a strong and promising project with many interesting technological solutions.
VeChain has created a special system that can offer third-party services to consumers. This means that VeChain offers processing services for all types of financial transactions for any company.
However, complex technological nuances are not always interesting for ordinary users, who are usually focused on the result.
The VeChain project has many useful tools, integrating them into their business, companies will receive obvious benefits. VeChain offers solving in many areas of human activity. It is necessary to consider in more detail the possibilities that the platform offers.
For example, the VeChain project has signed a cooperation agreement with one of the largest European companies that produce luxury goods.
By implementing NFC chips in its products, the company can track the complete history of each specific product, thereby protecting itself from counterfeit.
VeChain technologies also provide great opportunities for companies in logistics. The process of exchanging data between different parties in the supply chain becomes much more comfortable and secure when using blockchain tech.
At the same time, VeChain technologies can be used in the provision of government services on the Internet. Many VeChain functions can provide a free and maximum transparent data exchange, as well as increase the speed of interaction between users.
Another important industry is the food and drug industry. VeChain can digitize information about the manufacturer of a product or drug, and through a code scan, transmit data to the consumer.
As a result, the user will be confident in the freshness, composition, and quality of the product that he purchases.
Providing consumers with detailed information about any product increases the level of confidence in the manufacturer, which in turn increases sales. For this reason, the introduction of blockchain technology, as well as IoT, is in demand among both consumers and manufacturers.