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RE: ugChain Giveaway #1 | WIN STEEM HERE

in #contest6 years ago

There are multiple blockchain project but my favourite is. Vechain

VeChain

VeChain is an Enterprise-focused IoT and dApp platform for products and information. It aims to connect blockchain technology to the real world by providing robust infrastructure through the use of RFID and other similar IoT technologies. This is being achieved through partnerships and collaborations with innovative brands and industries, largely aided by their partner and former incubator PwC.

Vechain literally translates to something like “The Only Chain”; they eventually aim to be the one coin to rule them all — the new and improved Bitcoin, perhaps. I’m not entirely convinced by that goal, however I do believe that VeChain will end up as the IBM of the blockchain world and many of the world’s heavyweights and Fortune 500 businesses will go to VeChain for their blockchain enterprise solutions. Goals like this cannot be achieved without significant business and technical acumen, so it’s a good thing VeChain has both. Their mainnet is scheduled for Q2 2018 but they have been providing enterprise solutions on their private blockchain for some time now.

Business at VeChain

Their business connections is VeChain’s strong point. Thanks to their PwC connection they are able to connect with huge enterprises and talk to them about VeChain. Many of their partners need no introduction, some of them are:

PwC
DNV GL
RENAULT
MICROSOFT
D.I.G
KUEHNE+NAGEL
HYPERLEDGER
BitOcean
BABYGHOST
China Unicom
MadeForGoods
And the list goes on.

Perhaps the most impressive thing about VeChain is that they also recently announced a “National Level Partnership” in which they have the privilege of trialling VeChain technology in the special government zone the Gui’an New Area. The trials will see the local government in the area move parts of their workflow to the blockchain and if successful could see wide scale roll outs across the country. Given that the zone is an area mandated by the central government, it is no stretch to assume that there are central government eyes on VeChain.

On January 24th VeChain have a facebook live stream with DNV GL where they will further announce details of their deep and special partnership. This may be the first time we have seen a massive enterprise like DNV GL openly champion and promote a public blockchain partner, and it shows that the business development side of VeChain is perhaps the best in class. They have started to be picked up by mainstream media in China, most notably Yicai, who have been seen tweeting and retweeting a lot about VeChain recently. Yicai are state-owned and are one of the leading financial news and investment outlets in the country.