Do any companies use VeChain (VET)?
What is VeChain (VET)?
VeChain works with companies such as BMW to prevent automobile odometer fraud during the transfer of data in the supply chain. It also works with LVMH to use VeChain in order to track luxury goods.
Other uses of VeChain include streamlining data transfers across the consumer goods industries as well as the automotive, agriculture, food safety, and carbon footprint tracking.
How can I buy and sell Vechain?
Who is partnering with VeChain?
Companies that use VeChain in their supply chain operations
- Walmart China
- PwC (PriceWaterhouseCoopers)
- H&M
- BMW
- LVHM
- Renault Group
These companies partner with VeChain to enhance transparency and traceability in their supply chain management and product authentication.
Walmart China collaborated with VeChain to track and authenticate the supply chain of its food products. The partnership aims to improve food safety and quality assurance for customers.
PwC (PriceWaterhouseCoopers) partnered with VeChain to develop the VeChain ToolChain™, which allows businesses to digitize their supply chain processes.
H&M, the global fashion retailer, has partnered with VeChain to provide customers with detailed information about the origins and authenticity of H&M products.
Renault Group has utilized VeChain’s blockchain technology to verify and certify the maintenance history of its vehicles. This enhances transparency and trust for used car buyers.
BYD, a Chinese electric vehicle manufacturer, has collaborated with VeChain to develop a carbon credit management platform. The platform enables tracking and verification of carbon reduction efforts, facilitating compliance with environmental regulations.
DNV (Det Norske Veritas), a global risk management and quality assurance company, has partnered with VeChain to develop blockchain-based solutions for certification and verification services. The collaboration aims to enhance transparency and trust in various industries.