Sunny Lu of VeChain stated, never stop picking brains. The reason to love history is that history always reveals the unstoppable laws of nature. Blockchain is just in the 3rd step and has long way to go. The direction and path are clear like crystal and it requires lots of efforts from lots of smart brains.
He made a reference to the war of protocols on the blockchain like the PoW, PoS, PoA, and more. Also pointed to revolutionary products like BTC and EVM. Defined struggling business models which are looking to find a sustainable way to transform technology value to business value. Progressive technological advancement and perfection of infrastructure towards finding the best balance of trilemma, prosperity of supplementary services and products.
Also, he pointed to how on the blockchain there are companies that are born with product advancements and valuable business models, which is a combination of great products and business models.
One of the users stated, VeChain growth is not in hands of the public, but in hands of VeChain and the companies that are interested to use VeChainThor blockchain (Toolchain) and companies that already use VeChain like Walmart. Imagine if Walmart extends to use VeChain globally
A Live Video AMA is scheduled for March 16, 2021 with Sunny Lu and this is an interesting thing for those who love AMA sessions.
DNV and Hydro launch blockchain for greener metals. They expressed: We’re proud to have worked with @NorskHydroASA to enable trusted & transparent sharing of their #sustainability claims. Our #blockchain-based solution allows anyone to instantly check the validity of product claims throughout the supply chain.
Bjørn Kjetil Mauritzen, Head of Sustainability in Hydro stated, “We see that our customers and their customers request trusted information documenting the footprint from our materials and production. The aim of the pilot is to test a platform that supports manufacturers and brands to back their sustainability claims with verified data. This will allow them to trace the metal from the factory gates until it reaches the customer.”
This is again about the Tag, Trace and Trust as developed by DNV.
The focus is likely to be more focused on sustainable products, standards and operations which will increase drastically in the recent years. There will be a vast amount of information and different standards, which will provide access to the quality facts, which will be able to enable customers to review products from beginning to finish and it is considered to be more important than ever.
When doing all this the customer will be able to greener purchase decisions based on facts and not just green promises.
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