Altcoin News

VechainThor Confirms Partnership: DApps, BMW, Oxford University

Feb 26, Monday – VeChain Foundation held the much discussed about rebrand event showcasing the consortium chain VeChain to VeChainThor. The event had guests under invite only lists like partners, media and a proportionally run YouTube stream. During the event, Sunny Lu and Luca Crisciotti of DNV GL talked about the past, present, and future of VeChain.

Various announcements during the event:

  • 09:43 – 11:08 – VeChain Thor Intro video.
  • 11:43 – 13:29 – History of VeChain and the rebranding process
  • 13:30 – 14:13 – Community related growth
  • 25:45 – 26:19 – Bitocean ICO
  • 27:45 – 28:52 – Introducing Oxford Mathematical Institute as a partner
  • 36:31 – 37:25 – BMW Group announcement + End *

These are just some of the many declarations that the team and hosts did during the gathering.

The first figure mentioned cleared out and highlighted how what makes VeChain unique is not only its technical aspect but on top of that how it understands the ecosystems. He pointed to the governance and economic models as examples. The Chief Executive Officer of DNV – Luca Crisciotti added on that part as the reason why VeChain was chosen despite having other possibilities when it comes to blockchain solutions is that how the firm and the platform dedicates itself to the costumer.

The above mentioned developed for the growth of the platform and finding the best way to utilize it are only part of over 180 opportunities that the dedication of VeChain has brought to them. Three DApps that were public-known by Sunny Lu during the meeting are on development to cater towards the mainnet launch: VeVOT, VeVID – KYC and VeSCC.

For raising awareness which would analyze, monitor and reduce carbon footprint – various ideas are being planned out and developed by DNV GL and VeChain while parallel being researched by gov bodies, various businesses and the Tsinghua University.

Confidence giving last words for the event were given by Luca Crisciotti:

“We are not talking about pilot projects, we are talking about solutions that are working for real cases.” Luca went on to say:“DNV GL is a company with over 150 years of history. And unfortunately, this is something we can not share, because you [VeChain] were only born a few months ago. But we do have something in common, and it’s a bright future. So thank you Sunny for the partnership and this amazing event.”

About author

Alex Tomzack is a crypto-enthusiast and has been fascinated since first hearing about it. Loves technology, writing, culture while being a regular trader and holder of digital assets. Email: alex@ethereumworldnews.com
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